AMREP reports fiscal 2026 net income of $10.3 million

GlobeNewswire··Read original
2▲0 ▼1Impact / 5
Summary · why it matters

AMREP Corporation reported net income of $10,288,000, or $1.91 per diluted share, for its fiscal year ended April 30, 2026, down from $12,716,000, or $2.37 per diluted share, in the prior year. Revenues rose to $52,847,000 from $49,694,000. The company filed its Form 10-K with the Securities and Exchange Commission today. AMREP is a landholder, real estate developer, and homebuilder in New Mexico.

Impact on assets 1

Industrials▼
AMREP Corporation
AXR
▼ NegativeCapitalrelevance

Net income fell to $10.3M from $12.7M year-over-year, despite higher revenues.