AMREP (AXR) Q4 2025 earnings summary

Executive summary

• Net income for fiscal 2025 was $12.7 million, up from $6.7 million in fiscal 2024, reflecting strong earnings growth year-over-year.

• Diluted earnings per share increased to $2.37 from $1.25 in the prior year.

Financial highlights

• Revenues for fiscal 2025 were $49.7 million, compared to $51.4 million in fiscal 2024, indicating a slight decrease year-over-year.

• Net income rose to $12.7 million from $6.7 million, nearly doubling year-over-year.

• Basic earnings per share were $2.39 in 2025 versus $1.26 in 2024.

• Diluted earnings per share were $2.37 in 2025 versus $1.25 in 2024.

• Weighted average diluted shares outstanding were 5.3 million in 2025 and 5.3 million in 2024.

Risk factors and uncertainties

• Revenues, average selling prices, and gross margins from land or home sales can vary significantly due to the nature and timing of transactions and the type and location of properties sold.

• Prior results are not necessarily indicative of future performance.