Christopher V. Vitale
appointed Christopher V. Vitale as a member of the Board effective as of July 9, 2021.
Highest-materiality recent filing
AMREP reports fiscal 2026 net income $10.3M ($1.91 diluted EPS), down from $12.7M ($2.37) prior year
Net income of $10.3M vs $12.7M in fiscal 2025; diluted EPS fell to $1.91 from $2.37.
AMREP awards CEO $178K cash bonus, 8,700 restricted shares; CFO $64K bonus, 2,250 shares
CEO Christopher Vitale receives $178,000 cash bonus and 8,700 restricted shares vesting over three years.
AMREP Q3 net income surges to $3.1M ($0.58/sh) from $0.7M; revenue $14.6M
Q3 net income $3,147,000 ($0.58 diluted EPS) vs $717,000 ($0.13) in prior-year quarter.
AMREP appoints Timothy McNaney to board, terminates director stock ownership policy
Timothy S. McNaney appointed to AMREP board effective Jan 27, 2026; brings homebuilding and land development experience.
AMREP Q2 fiscal 2026 net income falls to $1.2M from $4.0M YoY; EPS $0.22
Q2 net income $1.2M ($0.22 diluted EPS) vs $4.0M ($0.75) in prior-year quarter.
AMREP shareholders re-elect director Robotti, approve say-on-pay and 1-year frequency vote
Robert E. Robotti elected as Class II director with 2,990,325 votes for, 283,517 withheld, 1,316,173 broker non-votes.
AMREP Q1 fiscal 2026 net income rises 15% to $4.7M; revenue slips 6.5% to $17.9M
Net income $4.69M ($0.87 diluted EPS) vs $4.06M ($0.76) in prior-year quarter.
AMREP subsidiary increases revolving credit line to $6.5M and extends maturity to 2028
Seventh Modification Agreement raises maximum borrowing by $750k to $6.5M.
AMREP fiscal 2025 net income $12.7M ($2.37/diluted), up 90% YoY
Net income $12,716,000 ($2.37 diluted EPS) vs $6,690,000 ($1.25) prior year.
AMREP appoints Adrienne M. Uleau as CFO, awards equity and cash bonuses to CEO and CFO
Adrienne M. Uleau appointed CFO and Vice President effective July 17, 2025.
AMREP reports Q3 fiscal 2025 EPS of $0.13 vs $0.02; revenue falls 41% to $7.5M
Net income $717k ($0.13 diluted) vs $92k ($0.02) in Q3 FY24.
AMREP Q2 fiscal 2025 net income $4.0M ($0.75/sh), up from $1.1M ($0.21/sh)
Q2 revenue $11.9M vs $8.9M a year ago; net income $4.04M vs $1.11M.
AMREP Q1 net income triples to $4.1M; revenue up 86% to $19.1M
Net income of $4,064,000 ($0.76 diluted EPS) vs $1,346,000 ($0.25) in prior-year quarter.
AMREP dismisses Baker Tilly, engages RRBB as new auditor for FY2025
Auditor change effective July 24, 2024; Baker Tilly US, LLP dismissed by Audit Committee.
AMREP fiscal 2024 net income $6.69M ($1.25 EPS), down 69% from $21.79M ($4.11 EPS) in 2023
Revenue $51.4M, up 5.5% from $48.7M; includes $7.2M from Brighton, CO land sale.
AMREP awards CEO $150k bonus and 7,200 restricted shares; salary raised to $375k
CEO Vitale awarded $150k cash bonus + 7,200 restricted shares vesting over 3 years; salary raised to $375k.
AMREP Q3 FY2024 net income $92K ($0.02/dil) vs $16.6M ($3.12) YoY
Q3 revenue $12.7M, up 39% YoY from $9.1M; net income plunged 99% due to prior-year $16.1M tax benefit.
AMREP Q2 fiscal 2024 net income falls to $1.1M from $3.6M YoY; revenue down 45%
Q2 net income $1.1M ($0.21 diluted EPS) vs $3.6M ($0.68) in prior year.
AMREP posts Q1 FY2024 net income $1.35M ($0.25 EPS), down from $1.91M ($0.36) YoY
Revenue $10.29M vs $10.71M in prior-year quarter, a decline of ~4%.
Revenue $48.7M vs $58.9M in FY2022; decline driven by absence of prior-year large land and building sales.
AMREP awards CEO Vitale $165K bonus and 8K restricted shares; VP Uleau gets $60K bonus
CEO Christopher Vitale receives $165,000 cash bonus and 8,000 restricted shares vesting over 3 years.
AMREP reports Q3 net income $16.6M ($3.12/diluted) vs $0.9M YoY on $16.1M tax benefit
Q3 net income $16.6M, diluted EPS $3.12; prior year $0.9M, $0.12.
AMREP Q2 fiscal 2023 net income rises to $3.6M, EPS $0.68 vs $0.45
Net income $3.621M ($0.68 diluted EPS) vs $3.326M ($0.45) in Q2 2022.
AMREP dismisses Marcum LLP, appoints Baker Tilly as auditor for FY 2023
On Sept 12, 2022, the Audit Committee dismissed Marcum LLP as independent auditor.
Robert E. Robotti elected as Class II director with 2,955,942 votes for and 334,282 withheld.
AMREP Q1 FY2023 net income up 17% to $1.91M; diluted EPS $0.36 vs $0.22 YoY
Revenue of $11.23M vs $10.51M YoY, a 6.9% increase.
AMREP subsidiary increases revolving credit facility to $5.75M, extends maturity to 2025
Maximum borrowing under line increased by $1.75M to $5.75M; maturity extended to August 15, 2025.
AMREP posts $2.21 diluted EPS for fiscal 2022, up from $0.95; revenue rises 56%
Net income $15.86M ($2.21/diluted share) vs $7.39M ($0.95) in prior year.
AMREP awards CEO $150K bonus, 8,000 restricted shares; VP Finance gets $55K bonus, 2,100 shares
Christopher V. Vitale (CEO) receives $150,000 cash bonus and 8,000 restricted shares vesting over 3 years.
AMREP repurchases 28.6% of outstanding shares at $10.45 each from Karabots estate
Acquired 2,096,061 shares (28.6% of outstanding) in a privately negotiated transaction.
AMREP Q3 net income falls to $910K from $2.09M YoY; revenue rises 25%
Q3 net income $910K ($0.12 diluted) vs $2.09M ($0.28 diluted) in prior-year quarter.
AMREP Q2 FY2022 net income $3.3M, EPS $0.45 vs $0.10 YoY
Net income $3.326M ($0.45 diluted EPS) vs $0.798M ($0.10) in Q2 FY2021.
AMREP enters CEO employment agreement with Vitale; grants 50,000 stock options
Base salary set at not less than $335,000/year; no change in role as President and CEO.
Net income $1.64M ($0.22 per diluted share) compared to $593K ($0.07) in Q1 FY2021.
AMREP shareholders elect Cloues and Vitale, approve say-on-pay and auditor ratification
Edward B. Cloues, II elected with 4,475,883 for, 671,993 withheld; Christopher V. Vitale with 5,134,092 for, 13,784 withheld.
AMREP swings to profit in fiscal 2021; EPS $0.95 vs -$0.73 loss
Net income of $7.392M vs $5.903M loss; diluted EPS $0.95 vs -$0.73.
AMREP appoints CEO Vitale as director; awards $100K bonus, 6,000 RSUs
Christopher Vitale, already CEO and President, appointed to board effective July 9, 2021; board expands from 3 to 4 members.
appointed Christopher V. Vitale as a member of the Board effective as of July 9, 2021.
Max materiality 0.85 · Median 0.60 · Most common event earnings