---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-099835"
form_type: "8-K"
ticker: "AXR"
cik: "0000006207"
company_name: "AMREP CORP."
filed_at: "2024-09-13T23:59:59+00:00"
generated_at: "2026-05-31T05:04:55.037690+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001104659-24-099835
- form_type: 8-K
- ticker: AXR
- cik: 0000006207
- company_name: AMREP CORP.
- filed_at: 2024-09-13T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 2.02, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/6207/000110465924099835/0001104659-24-099835-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/6207/000110465924099835/tm2424018d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-099835
- JSON: https://secwatch.observer/filing/0001104659-24-099835.json
- Plain text: https://secwatch.observer/filing/0001104659-24-099835.txt

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