AMREP Q1 net income triples to $4.1M; revenue up 86% to $19.1M

AMREP CORP.

2025-Q1 EPS reported $0.76 revenue$19,091,000

Net income of $4,064,000 ($0.76 diluted EPS) vs $1,346,000 ($0.25) in prior-year quarter.
Revenue rose to $19,091,000 from $10,289,000, an 86% increase year over year.
Shareholders re-elected Edward B. Cloues, II and Christopher V. Vitale as Class I directors at annual meeting.
Advisory vote on executive compensation approved with 3,297,122 votes for, 134,141 against.

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