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Amrep Corp   (AXR)
Other Ticker:  
 
    Sector  Capital Goods    Industry Construction Services


 

Amrep Corp

AXR's Financial Statements and Analysis



Amrep Corp reported in the third quarter of 2024 net earnings per share of $0.02 a decrease by -99.36 % year on year from $3.12 and decline of -90.48 % from $0.21 earned in II. Quarter (Oct 31 2023).


third quarter of 2024
Earnings Per Share Revenues
$ 0.02 $  13 Mill
$-3.10     -99.36 % $+4M     +39.18 %



Amrep 's Revenue rose by 39.18 % in third quarter of 2024 (Jan 31 2024) year on year, to $13 million and advanced by 43.31 % sequentially.


Amrep is

More on AXR's Income Statement



Amrep 's net income of $0.092 million in the third quarter of 2024 decreased by -99.44 % from net earnings of $16.574 million achieved in III. Quarter a year ago.

Sequentially net earnings fell by -91.7 % from net income of $1.108 million realized in previous quarter.

More on AXR's Growth

Amrep Inventories
Inventories declined by -3.72 % to $68.10 million from III. Quarter a year ago, sequentially inventories rose by 6.6 %. AXR's Cash flow In the third quarter of 2024 company's net cash flow was $1 million, capital expenditures fell by -0.0035,766.67%, to $0 millions compare to same quarter a year ago

More on AXR's Cash flow Statement


Amrep Corp does not pay out common stock dividend.

In trailing twelve-month period Amrep Corp earned $ 2.09 cash per share, on a free-cash flow basis 435.8 % of net earning per share.

Book value grew by 0.08 % sequentially to $21.28 per share, 221.28% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.28 per share from $ 21.27.

Company issued 0.01 million shares or 0.13 % in Jan 31 2024.
Interest Coverage Ratio was 6.63. Debt Coverage Ratio was 78.06.

More on AXR's Dividends

 Market Capitalization (Millions) 130
 Shares Outstanding (Millions) 5
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) 44
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -




Amrep Corp does not pay out common stock dividend.

In trailing twelve-month period Amrep Corp had $ 2.09 cash flow per share, on a free-cash flow basis 435.8 % of net earning per share.

Book value grew by 0.08 % sequentially to $21.28 per share, 221.28% of net income per share in trailing twelve-month period were contributed to shareholder value.
Tangible Book value grew to $ 21.28 per share from $ 21.27.

Company issued 0.01 million shares or 0.13 % in Jan 31 2024.
Interest Coverage Ratio was 6.63. Debt Coverage Ratio was 78.06.

More on AXR's Balance Sheets

 Market Capitalization (Millions) 130
 Shares Outstanding (Millions) 5
 Total Debt (Millions $) 0
 Revenue (TTM) (Millions $) 44
 Net Income (TTM) (Millions $) 2
 Cash Flow (TTM) (Millions $) 6
 Capital Exp. (TTM) (Millions $) 0
 Dividend TTM ($) 0 $
 Dividend Yield TTM (%) -
 Employees (TTM) $ -
   


  News about Amrep Corp Earnings

2. Struggling to Stay Afloat: Amrep Corp's Drastic Decrease in Net Profit Raises Concerns

Amrep Corp, a construction services company, recently announced its financial results for the third quarter of 2024. The company reported a net profit per share of $0.02 and revenue of $8.85 million for the quarter. This represents a significant decrease in earnings compared to the same period in the previous year, where Amrep Corp earned $3.12 per share and had revenue of $8.85 million.
Despite the decrease in earnings per share, Amrep Corp saw its revenue increase by 39.18% in the third quarter of 2024. This growth outpaced the average revenue growth of 5.11% seen in the Construction Services sector during the same period. The company attributed this growth to a shift in focus towards improving sales.<...

Amrep Corp Reports Alarming -45.173% Revenue Downturn in Recent Fiscal Period

Amrep Corp, a construction services company, reported disappointing financial results for its most recent fiscal period, which ended on October 31, 2023. The company's earnings per share (EPS) plummeted by 69.12% to $0.21 compared to $0.68 in the same period a year ago. Additionally, profits fell by 16% from $0.25 per share in the prior reporting season.
The company's revenue also took a significant hit, fading by 45.173% to $8.85 million from $16.15 million in the similar reporting season a year prior. Sequentially, revenue deteriorated by 13.947% from $10.29 million. It is worth noting that the drop in revenue is not in proportion to the rest of the Construction Services sector, which posted a top-line...

Amrep Corp Faces Bleak Future as Weak Business Causes EPS to Plummet by 30.56% in the Financial Period Ending July 31 2023



Amrep Corp, a Construction Services company, has seen its stock perform well in 2023, with a significant increase of 44.33%. However, recent financial results indicate some concerning trends that may impact the company's future performance. This article will analyze the key facts and explore how they may affect Amrep Corp going forward.
1. Declined Earnings per Share (EPS) and Revenue:
In the financial period ending July 31, 2023, Amrep Corp experienced a significant drop in EPS by -30.56% to $0.25 per share. This decline can primarily be attributed to an 8.396% decrease in revenue, reaching $10.29 million year-on-year. This downward trend in earnings and revenue reflects a challenging peri...

Amrep Corp Reports $12.178 Million Top-line for Financial Year Ending April 30, 2023 despite Sharp Revenue Fall

Financial Report: Amrep Corp's Revenues and Earnings Decline in Q2 2023
Amrep Corp, a company specializing in construction s...


Date modified: 2024-03-10T16:51:13+00:00





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