AMREP Corporation Doubles Net Income in Fiscal 2025: Key Highlights and Financial Update

Business News

HAVERTOWN, PAAMREP Corporation (NYSE:AXR) reported net income of $12,716,000, or $2.37 per diluted share, for the fiscal year ending April 30, 2025, compared to $6,690,000, or $1.25 per diluted share, for the prior year. Revenues were $49,694,000 in fiscal 2025 and $51,369,000 in fiscal 2024.

Details on the Company’s financial performance for 2025 and 2024 are available in AMREP Corporation’s financial statements on Form 10-K, filed today with the SEC and accessible on AMREP’s website. Due to factors like the timing and nature of transactions and the type or location of land or homes sold, revenues, selling prices, and margins can vary significantly between periods, and past results may not indicate future performance.

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AMREP Corporation, through its subsidiaries, is a major landholder, real estate developer, and award-winning homebuilder in New Mexico.

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