AXR
- AMREP Corporation
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Overview
Company Summary
AMREP Corporation is a diversified company with various business segments. It operates in three primary segments: Real Estate, Subscription Fulfillment Services, and Newsstand Distribution Services.
The Real Estate segment of AMREP focuses on land development, construction, and sale of properties. The company owns and develops residential and commercial land in New Mexico, which it sells to homebuilders, as well as individual buyers. AMREP also sells improved lots to builders for the construction of single and multi-family homes.
The Subscription Fulfillment Services segment provides services to publishers and other direct marketers. AMREP's subsidiary, Palm Coast Data, offers subscription fulfillment, customer service, and other related services. It helps companies manage their subscriptions, process orders, handle customer inquiries, and manage data.
The Newsstand Distribution Services segment operates through Kable Media Services, Inc., which distributes magazines, books, and newspapers to various retail outlets across the United States and Canada. Kable Media Services offers a comprehensive range of distribution solutions, including single copy distribution, in-store merchandising, and retail marketing services.
Apart from these segments, AMREP also holds an investment in a publicly-traded media services company and occasionally makes other strategic investments.
In summary, AMREP Corporation is involved in real estate development and sales, subscription fulfillment services, and newsstand distribution services.