---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-22-126301"
form_type: "8-K"
ticker: "AXR"
cik: "0000006207"
company_name: "AMREP CORP."
filed_at: "2022-12-12T23:59:59+00:00"
generated_at: "2026-06-21T06:28:36.025815+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# AMREP Q2 fiscal 2023 net income rises to $3.6M, EPS $0.68 vs $0.45

## Summary
- Net income $3.621M ($0.68 diluted EPS) vs $3.326M ($0.45) in Q2 2022.
- Revenues $16.149M vs $16.112M, essentially flat year-over-year.
- Six-month net income $5.533M ($1.04 diluted EPS) vs $4.963M ($0.67) prior year.
- Weighted average basic shares dropped to 5.281M from 7.361M, boosting per-share metrics.

## SEC filing metadata
- accession: 0001104659-22-126301
- form_type: 8-K
- ticker: AXR
- cik: 0000006207
- company_name: AMREP CORP.
- filed_at: 2022-12-12T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6207/000110465922126301/0001104659-22-126301-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6207/000110465922126301/tm2232242d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-22-126301
- JSON: https://secwatch.observer/filing/0001104659-22-126301.json
- Plain text: https://secwatch.observer/filing/0001104659-22-126301.txt

## Key facts
- Earnings Releases
  AMREP CORP. reported Six Months Ended October 31, 2022 results: revenue $ 26,856,000, net income $ 5,533,000, EPS $ 1.04.
  - Period: Six Months Ended October 31, 2022
  - Revenue: $ 26,856,000
  - Net income: $ 5,533,000
  - EPS: $ 1.04
  - Result: reported results
  source text: Six Months Ended October 31, 2022 2021 Revenues $ 26,856,000 $ 26,098,000 Net income $ 5,533,000 $ 4,963,000 Income per share – basic $ 1.05 $ 0.67 Income per share – diluted $ 1.04 $ 0.67 Weighted average number of common shares outstanding – basic 5,277,000 7,354,000 Weighted average number of common shares outstanding – diluted 5,302,000 7,378,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/6207/000110465922126301/0001104659-22-126301-index.htm
- Earnings Releases
  AMREP CORP. reported Three Months Ended October 31, 2022 results: revenue $ 16,149,000, net income $ 3,621,000, EPS $ 0.68.
  - Period: Three Months Ended October 31, 2022
  - Revenue: $ 16,149,000
  - Net income: $ 3,621,000
  - EPS: $ 0.68
  - Result: reported results
  source text: Three Months Ended October 31, 2022 2021 Revenues $ 16,149,000 $ 16,112,000 Net income $ 3,621,000 $ 3,326,000 Income per share – basic $ 0.69 $ 0.45 Income per share – diluted $ 0.68 $ 0.45 Weighted average number of common shares outstanding – basic 5,281,000 7,361,000 Weighted average number of common shares outstanding – diluted 5,307,000 7,383,000
  evidence_url: https://www.sec.gov/Archives/edgar/data/6207/000110465922126301/0001104659-22-126301-index.htm

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