What does gross profit mean?

Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.

Amrep AXR Gross Profit

Discontinued — last reported Q1 '21

Gross Profit at other companies

STR

Stratus PropertiesSTRS

-$1.91M-845%

Green Brick PartnersGRBK

$141.22M-12.1%

Smith Douglas HomesSDHC

$40.45M-24.4%

JFB Construction Holdings Class A Common StockJFB

$1.29M-11.9%

CenterspaceCSR

$62.69M-3.0%

PultegroupPHM

——

Other financials

Income statement

See full

Revenue$14.6M+93.8%

Operating income$3.0M+596%

Net income$3.1M+339%

EPS (diluted)$0.58+346%

Balance sheet

See full

Cash & equivalents$50.0M+35.4%

Total debt$42.0K-39.1%

Total equity$139.4M+10.6%

Total assets$143.9M+11.6%

Cash flow

See full

Operating cash flow$5.4M—

CapEx$19.0K-26.9%

Free cash flow$5.4M—

Valuation

See full

Market cap$137.09M+23.0%

P/E10.6×+1.8×

P/S2.6×+0.3×

Profitability

See full

Gross margin32.3%—

Operating margin26.1%+3.2pp

Net margin24.4%+2.1pp

FCF margin31.9%+15.5pp

Returns & leverage

See full

Return on equity9.7%-1.1pp

Debt / equity0×0.0×

Where this comes from

Calculated from Amrep’s reported figures.

$4.2Mtotal revenue−$2.7Mtotal cost of revenue=$1.53M

The official record: Amrep’s 10-Q, filed September 14, 2021, on SEC EDGAR. View the filing →

Questions, answered.

What does gross profit mean?: Revenue minus cost of revenue — the profit available to cover operating expenses, representing the company's pricing power and production efficiency.