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Side-by-side financial comparison of Arena Group Holdings, Inc. (AREN) and AMREP CORP. (AXR). Click either name above to swap in a different company.
Arena Group Holdings, Inc. is the larger business by last-quarter revenue ($28.2M vs $14.6M, roughly 1.9× AMREP CORP.). AMREP CORP. runs the higher net margin — 21.6% vs 18.9%, a 2.7% gap on every dollar of revenue. On growth, AMREP CORP. posted the faster year-over-year revenue change (93.8% vs -22.0%). Over the past eight quarters, Arena Group Holdings, Inc.'s revenue compounded faster (-1.2% CAGR vs -13.6%).
Arena Racing Company, also called ARC Racing and Leisure Group is a UK private company, created in 2012 by the merger of Arena Leisure and Northern Racing. It owns and operates 16 racecourses in Great Britain, accounting for 39% of British racing fixtures. It also operates hotels at Wolverhampton Racecourse, Lingfield Park Racecourse and Doncaster Racecourse and golf courses at Lingfield, Southwell and Newcastle.
AMREP Corporation is a real estate and media services company based in Princeton, New Jersey, in the United States. It was founded in 1961 as The American Realty and Petroleum Corporation.
AREN vs AXR — Head-to-Head
Income Statement — Q4 FY2025 vs Q3 FY2026
| Metric | | |
|---|---|---|
| Revenue | $28.2M | $14.6M |
| Net Profit | $5.3M | $3.1M |
| Gross Margin | 43.6% | — |
| Operating Margin | 26.6% | 20.6% |
| Net Margin | 18.9% | 21.6% |
| Revenue YoY | -22.0% | 93.8% |
| Net Profit YoY | -22.5% | 338.9% |
| EPS (diluted) | $0.12 | $0.58 |
Green = leading value per metric. Periods may differ when fiscal calendars don't align.
8-Quarter Revenue & Profit Trend
Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.
| Q1 26 | — | $14.6M | ||
| Q4 25 | $28.2M | $9.4M | ||
| Q3 25 | $29.8M | $17.9M | ||
| Q2 25 | $45.0M | $11.2M | ||
| Q1 25 | $31.8M | $7.5M | ||
| Q4 24 | $36.2M | $11.9M | ||
| Q3 24 | $33.6M | $19.1M | ||
| Q2 24 | $27.2M | $19.5M |
| Q1 26 | — | $3.1M | ||
| Q4 25 | $5.3M | $1.2M | ||
| Q3 25 | $6.9M | $4.7M | ||
| Q2 25 | $108.6M | $3.9M | ||
| Q1 25 | $4.0M | $717.0K | ||
| Q4 24 | $6.9M | $4.0M | ||
| Q3 24 | $4.0M | $4.1M | ||
| Q2 24 | $-8.2M | $4.1M |
| Q1 26 | — | — | ||
| Q4 25 | 43.6% | — | ||
| Q3 25 | 50.2% | — | ||
| Q2 25 | 56.5% | — | ||
| Q1 25 | 49.3% | — | ||
| Q4 24 | 52.6% | — | ||
| Q3 24 | 50.6% | — | ||
| Q2 24 | 39.4% | — |
| Q1 26 | — | 20.6% | ||
| Q4 25 | 26.6% | 11.9% | ||
| Q3 25 | 31.9% | 34.4% | ||
| Q2 25 | 36.5% | 31.7% | ||
| Q1 25 | 23.1% | 5.7% | ||
| Q4 24 | 28.6% | 26.4% | ||
| Q3 24 | 24.0% | 26.1% | ||
| Q2 24 | -9.5% | 23.9% |
| Q1 26 | — | 21.6% | ||
| Q4 25 | 18.9% | 12.8% | ||
| Q3 25 | 23.1% | 26.3% | ||
| Q2 25 | 241.4% | 34.8% | ||
| Q1 25 | 12.6% | 9.5% | ||
| Q4 24 | 19.0% | 33.9% | ||
| Q3 24 | 11.8% | 21.3% | ||
| Q2 24 | -30.1% | 21.2% |
| Q1 26 | — | $0.58 | ||
| Q4 25 | $0.12 | $0.22 | ||
| Q3 25 | $0.14 | $0.87 | ||
| Q2 25 | $2.28 | $0.73 | ||
| Q1 25 | $0.08 | $0.13 | ||
| Q4 24 | $1.23 | $0.75 | ||
| Q3 24 | $0.11 | $0.76 | ||
| Q2 24 | $-0.28 | $0.77 |
Balance Sheet & Financial Strength
Snapshot of each company's liquidity, leverage and book value from the latest quarter.
| Metric | | |
|---|---|---|
| Cash + ST InvestmentsLiquidity on hand | $10.3M | $50.0M |
| Total DebtLower is stronger | $97.6M | $21.0K |
| Stockholders' EquityBook value | $-4.8M | $139.4M |
| Total Assets | $112.6M | $143.9M |
| Debt / EquityLower = less leverage | — | 0.00× |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $50.0M | ||
| Q4 25 | $10.3M | $44.6M | ||
| Q3 25 | $12.5M | $48.9M | ||
| Q2 25 | $6.8M | $39.5M | ||
| Q1 25 | $2.9M | $36.9M | ||
| Q4 24 | $4.4M | $40.1M | ||
| Q3 24 | $5.8M | $40.4M | ||
| Q2 24 | $6.1M | $29.7M |
| Q1 26 | — | $21.0K | ||
| Q4 25 | $97.6M | $23.0K | ||
| Q3 25 | $110.5M | $25.0K | ||
| Q2 25 | $110.5M | $26.0K | ||
| Q1 25 | $110.5M | $29.0K | ||
| Q4 24 | $110.4M | $32.0K | ||
| Q3 24 | $102.4M | $34.0K | ||
| Q2 24 | $102.4M | $35.0K |
| Q1 26 | — | $139.4M | ||
| Q4 25 | $-4.8M | $136.0M | ||
| Q3 25 | $-10.4M | $134.7M | ||
| Q2 25 | $-17.3M | $130.0M | ||
| Q1 25 | $-126.1M | $126.0M | ||
| Q4 24 | $-130.3M | $125.1M | ||
| Q3 24 | $-137.5M | $122.2M | ||
| Q2 24 | $-157.2M | $118.0M |
| Q1 26 | — | $143.9M | ||
| Q4 25 | $112.6M | $140.1M | ||
| Q3 25 | $121.4M | $140.7M | ||
| Q2 25 | $127.8M | $133.8M | ||
| Q1 25 | $114.6M | $128.9M | ||
| Q4 24 | $116.4M | $129.1M | ||
| Q3 24 | $114.2M | $127.0M | ||
| Q2 24 | $113.4M | $122.8M |
| Q1 26 | — | 0.00× | ||
| Q4 25 | — | 0.00× | ||
| Q3 25 | — | 0.00× | ||
| Q2 25 | — | 0.00× | ||
| Q1 25 | — | 0.00× | ||
| Q4 24 | — | 0.00× | ||
| Q3 24 | — | 0.00× | ||
| Q2 24 | — | 0.00× |
Cash Flow & Capital Efficiency
How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.
| Metric | | |
|---|---|---|
| Operating Cash FlowLast quarter | $13.1M | $5.4M |
| Free Cash FlowOCF − Capex | — | $5.4M |
| FCF MarginFCF / Revenue | — | 37.0% |
| Capex IntensityCapex / Revenue | — | 0.1% |
| Cash ConversionOCF / Net Profit | 2.46× | 1.72× |
| TTM Free Cash FlowTrailing 4 quarters | — | $20.2M |
8-quarter trend — quarters aligned by calendar period.
| Q1 26 | — | $5.4M | ||
| Q4 25 | $13.1M | $-4.3M | ||
| Q3 25 | $12.2M | $9.5M | ||
| Q2 25 | $10.3M | $10.2M | ||
| Q1 25 | $3.7M | $-3.2M | ||
| Q4 24 | $-8.6M | $-182.0K | ||
| Q3 24 | $-2.3M | $10.7M | ||
| Q2 24 | $-3.2M | $10.7M |
| Q1 26 | — | $5.4M | ||
| Q4 25 | — | $-4.3M | ||
| Q3 25 | — | $9.5M | ||
| Q2 25 | — | $9.7M | ||
| Q1 25 | — | $-3.3M | ||
| Q4 24 | — | $-268.0K | ||
| Q3 24 | $-2.4M | $10.7M | ||
| Q2 24 | — | $10.3M |
| Q1 26 | — | 37.0% | ||
| Q4 25 | — | -45.9% | ||
| Q3 25 | — | 53.2% | ||
| Q2 25 | — | 86.4% | ||
| Q1 25 | — | -43.4% | ||
| Q4 24 | — | -2.3% | ||
| Q3 24 | -7.1% | 55.8% | ||
| Q2 24 | — | 52.5% |
| Q1 26 | — | 0.1% | ||
| Q4 25 | — | 0.6% | ||
| Q3 25 | 0.0% | 0.1% | ||
| Q2 25 | — | 5.2% | ||
| Q1 25 | — | 0.3% | ||
| Q4 24 | — | 0.7% | ||
| Q3 24 | 0.1% | 0.2% | ||
| Q2 24 | — | 2.3% |
| Q1 26 | — | 1.72× | ||
| Q4 25 | 2.46× | -3.54× | ||
| Q3 25 | 1.77× | 2.03× | ||
| Q2 25 | 0.09× | 2.63× | ||
| Q1 25 | 0.91× | -4.51× | ||
| Q4 24 | -1.25× | -0.05× | ||
| Q3 24 | -0.59× | 2.63× | ||
| Q2 24 | — | 2.59× |
Financial Flow Comparison
Revenue → gross profit → operating profit → net profit for each company.
