AMREP Historical Income Statement
AXR Stock | USD 34.91 0.50 1.41% |
Historical analysis of AMREP income statement accounts such as Total Revenue of 76.6 M, Gross Profit of 13.7 M or Other Operating Expenses of 71.4 M can show how well AMREP performed in making a profits. Evaluating AMREP income statement over time to spot trends is a great complementary tool to traditional technical analysis and can indicate the direction of AMREP's future profits or losses.
Financial Statement Analysis is much more than just reviewing and examining AMREP latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether AMREP is a good buy for the upcoming year.
AMREP |
About AMREP Income Statement Analysis
AMREP Income Statement consists of revenues and expenses along with the resulting net income or loss. It represents the profit for the accounting period attributable to AMREP shareholders. The income statement also shows AMREP investors and management if the firm made money during the period reported. The result of an income statement is the net income that is calculated after subtracting the expenses from revenue. It is essential to investors both as an absolute measure as well as earnings per share (i.e., EPS).
AMREP Income Statement Chart
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Total Revenue
Total revenue comprises all receipts AMREP generated from the sale of its products or services. The total amount of income generated by the sale of goods or services related to the company's primary operations.Other Operating Expenses
Other Operating Expenses is the expense which generally does not depend on sales or production quantities of AMREP. It is also known as AMREP overhead expenses. Typically these expenses include marketing, rent and utilities, office, leases, and other overhead cost. Expenses incurred from non-core business activities, including administrative and general expenses, but excluding costs directly related to production.Total Operating Expenses
The total costs associated with the day-to-day operations of a business, excluding the cost of goods sold but including selling, general, and administrative expenses.Most accounts from AMREP's income statement are interrelated and interconnected. However, analyzing income statement accounts one by one will only give a small insight into AMREP current financial condition. On the other hand, looking into the entire matrix of income statement accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in AMREP. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in interest. To learn how to invest in AMREP Stock, please use our How to Invest in AMREP guide.At this time, AMREP's Selling General Administrative is relatively stable compared to the past year. As of 11/26/2024, Cost Of Revenue is likely to grow to about 51.2 M, while Gross Profit is likely to drop slightly above 13.7 M.
2021 | 2022 | 2023 | 2024 (projected) | Gross Profit | 26.7M | 18.9M | 14.5M | 13.7M | Total Revenue | 62.5M | 48.7M | 51.4M | 76.6M |
AMREP income statement Correlations
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AMREP Account Relationship Matchups
High Positive Relationship
High Negative Relationship
AMREP income statement Accounts
2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
Interest Expense | 25K | 182K | 40K | 2K | 51.3K | 48.7K | |
Total Revenue | 18.8M | 40.1M | 62.5M | 48.7M | 51.4M | 76.6M | |
Gross Profit | 5.0M | 14.5M | 26.7M | 18.9M | 14.5M | 13.7M | |
Other Operating Expenses | 21.7M | 31.0M | 41.2M | 42.8M | 43.8M | 71.4M | |
Operating Income | (2.9M) | 9.0M | 21.3M | 5.8M | 7.6M | 7.0M | |
Ebit | (2.9M) | (22.0M) | (16.1M) | (29.4M) | 7.6M | 8.0M | |
Ebitda | (2.0M) | 9.0M | 21.5M | 5.9M | 7.8M | 9.2M | |
Total Operating Expenses | 7.9M | 5.4M | 5.4M | 13.1M | 6.9M | 6.5M | |
Income Before Tax | (7.6M) | 10.0M | 21.6M | 7.6M | 8.4M | 8.8M | |
Total Other Income Expense Net | (4.7M) | 988K | 263K | 1.8M | 823K | 864.2K | |
Net Income | (5.9M) | 7.4M | 15.9M | 21.8M | 6.7M | 4.2M | |
Income Tax Expense | (1.7M) | 2.6M | 5.7M | (14.1M) | 1.7M | 1.8M | |
Depreciation And Amortization | 871K | 31.0M | 37.6M | 35.2M | 149K | 141.6K | |
Selling General Administrative | 5.9M | 5.4M | 5.4M | 13.1M | 6.9M | 13.5M | |
Cost Of Revenue | 13.8M | 25.6M | 35.8M | 29.8M | 36.9M | 51.2M | |
Net Income Applicable To Common Shares | (5.9M) | 7.4M | 15.9M | 21.8M | 19.6M | 20.6M | |
Net Income From Continuing Ops | (5.9M) | 7.4M | 15.9M | 21.8M | 6.7M | 7.0M | |
Tax Provision | (1.7M) | 2.6M | 5.7M | (14.1M) | 1.7M | 1.8M | |
Net Interest Income | 334K | (40K) | 2K | 8K | 823K | 864.2K | |
Reconciled Depreciation | 537K | 554K | 225K | 63K | 149K | 141.6K | |
Interest Income | 334K | 40K | 2K | 8K | 823K | 864.2K |
Pair Trading with AMREP
One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if AMREP position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in AMREP will appreciate offsetting losses from the drop in the long position's value.Moving together with AMREP Stock
Moving against AMREP Stock
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The ability to find closely correlated positions to AMREP could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace AMREP when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back AMREP - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling AMREP to buy it.
The correlation of AMREP is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as AMREP moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if AMREP moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for AMREP can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.Additional Tools for AMREP Stock Analysis
When running AMREP's price analysis, check to measure AMREP's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy AMREP is operating at the current time. Most of AMREP's value examination focuses on studying past and present price action to predict the probability of AMREP's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move AMREP's price. Additionally, you may evaluate how the addition of AMREP to your portfolios can decrease your overall portfolio volatility.