AMREP: 620 West Germantown Pike, Suite 175

The following excerpt is from the company's SEC filing.
Plymouth Meeting,
Pennsylvania 19462
CONTACT:
Adrienne M. Uleau
Vice President, Finance and
Accounting
(610) 487-0907
AMREP
REPORTS FISCAL 2021 RESULTS
Plymouth Meeting, Pennsylvania, July 27, 2021 – AMREP Corporation
(NYSE: AXR) today reported net income of $7,392,000, or $0.95 per diluted share, for its 2021 fiscal year ended April 30, 2021 compared
to a net loss of $5,903,000, or $0.73 per share, for the prior year. Revenues were $40,069,000 for fiscal 2021 and $18,783,000 for fiscal
2020.
More information about the Company’s financial performance in
2021 and 2020 may be found in AMREP Corporation’s financial statements on Form 10-K which have today been filed with the Securities
and Exchange Commission and will be available on AMREP’s website (www.amrepcorp.com/sec-filings/).
AMREP Corporation, through its subsidiaries, is a major holder of land,
leading developer of real estate and award-winning homebuilder in New Mexico.
FINANCIAL HIGHLIGHTS
Twelve Months Ended April 30,
Net income (loss)
(5,903,000
Income (loss) per share – Basic
Income (loss) per share – Diluted
Weighted average number of common shares outstanding - basic
7,743,000
8,134,000
Weighted average number of common shares outstanding - diluted
7,773,000

The above information was disclosed in a filing to the SEC. To see the filing, click here.

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AMREP Corporation director just picked up 1,000 shares - Sept. 27, 2021

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