---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-098225"
form_type: "8-K"
ticker: "AXR"
cik: "0000006207"
company_name: "AMREP CORP."
filed_at: "2022-09-07T23:59:59+00:00"
generated_at: "2026-06-23T14:43:06.526056+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# AMREP Q1 FY2023 net income up 17% to $1.91M; diluted EPS $0.36 vs $0.22 YoY

## Summary
- Revenue of $11.23M vs $10.51M YoY, a 6.9% increase.
- Net income $1.91M ($0.36 diluted EPS) vs $1.64M ($0.22) in prior-year quarter.
- Weighted avg. diluted shares fell to 5.296M from 7.373M, reflecting buybacks.
- Real estate and homebuilding operations in New Mexico drove results.

## SEC filing metadata
- accession: 0001104659-22-098225
- form_type: 8-K
- ticker: AXR
- cik: 0000006207
- company_name: AMREP CORP.
- filed_at: 2022-09-07T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6207/000110465922098225/0001104659-22-098225-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6207/000110465922098225/tm2225364d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-098225
- JSON: https://secwatch.observer/filing/0001104659-22-098225.json
- Plain text: https://secwatch.observer/filing/0001104659-22-098225.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.