Filing Flows › Amrep (AXR) › Q4 FY25
Amrep (AXR) Q4 FY25 earnings results (fourth quarter fiscal 2025)
10-K filed Jul 25, 2025
Amrep (AXR) reported revenue of $11.2M for the fourth quarter fiscal 2025 (Q4 FY25), -43% from a year earlier and +49% from the quarter before. Operating margin was 31.7%, net earnings $3.9M (34.8% of revenue).
Amrep, Q4 FY25: revenue $11.2M (-43% year over year), operating margin 31.7%, net earnings $3.9M, operating cash flow $3.0M. The chart follows the revenue to costs, profit and cash.
| Q4 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.2M | +49% | -43% |
| Operating profit | $3.5M | +719% | -24% |
| Net earnings | $3.9M | +443% | -6% |
| Operating cash flow | $3.0M | — | -60% |
| Free cash flow | $2.5M | — | -65% |
What changed
Revenue was $11.2M in Q4 FY25, down 43% year over year and up 49% from the previous quarter.
Operating profit was $3.5M, a 31.7% margin (up 7.7 points year over year). Total costs fell 49% while revenue fell 43%. Net earnings were $3.9M, down 6% year over year. The effective tax rate was -0.1%.
Operating cash flow was $3.0M (down 60% year over year), 76% of net earnings. Non-cash charges added back $49K of depreciation and $92K of share-based compensation. Working capital and other items used $1.1M. Capital expenditures of $437K left free cash flow of $2.5M.
Questions
What was Amrep's revenue in the fourth quarter fiscal 2025?
Amrep (AXR) reported revenue of $11.2M for the fourth quarter fiscal 2025 (Q4 FY25), -43% from a year earlier and +49% from the quarter before.
Was Amrep profitable in the fourth quarter fiscal 2025?
Operating profit was $3.5M (31.7% of revenue) and net earnings $3.9M.
Source: Amrep 10-K on SEC EDGAR.