More information about the Company’s financial performance for the first quarters of 2022 and 2021 may be found in AMREP Corporation’s financial statements on Form 10-Q which have today been filed with the Securities and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/).
AMREP Corporation, through its subsidiaries, is a major holder of land, leading developer of real estate and award-winning homebuilder in New Mexico.
FINANCIAL HIGHLIGHTS
Three Months Ended July 31, | ||||||
2021 | 2020 | |||||
Revenues | $ | 10,507,000 | $ | 4,206,000 | ||
Net income (loss) | $ | 1,637,000 | $ | 593,000 | ||
Income (loss) per share – basic | $ | 0.22 | $ | 0.07 | ||
Income (loss) per share – diluted | $ | 0.22 | $ | 0.07 | ||
Weighted average number of common shares outstanding – basic | 7,346,000 | 8,151,000 | ||||
Weighted average number of common shares outstanding – diluted | 7,373,000 | 8,182,000 | ||||
CONTACT: | Adrienne M. Uleau |
Vice President, Finance and Accounting | |
(610) 487-0907 |