Detail akcie Amrep Corp online

Business Summary: AMREP Corporation, through its subsidiaries, is a holder of land, developer of real estate and homebuilder in New Mexico. The Company operates through two business segments: land development and homebuilding. The land development segment offers for sale both developed and undeveloped real property to national, regional and local homebuilders, commercial and industrial property developers and others. Activities conducted or arranged by the Company include land and site planning, obtaining governmental and environmental approvals (entitlements), installing utilities and storm drains, ensuring the availability of water service, building or improving roads necessary for land development and constructing community amenities. The homebuilding segment offers a variety of home floor plans and elevations at different prices and with varying levels of options and amenities to meet the needs of homebuyers. The Company focuses on selling single-family detached and attached homes.
Financial Summary: BRIEF: For the nine months ended 31 January 2025, AMREP Corp revenues increased 21% to $38.5M. Net income increased from $2.5M to $8.8M. Revenues reflect Home Building segment increase of 92% to $15.2M, Corporate segment increase from $0K to $6K. Net income benefited from United States segment income increase from $2.9M to $8.6M. Basic Earnings per Share excluding Extraordinary Items increased from $0.48 to $1.66.