AREC
American Resources Corp Class A
NASDAQ: AREC · BASIC MATERIALS · COKING COAL
$2.07
-3.72% today
Updated 2026-04-29
Market cap
$221.34M
P/E ratio
—
P/S ratio
2,329.22x
EPS (TTM)
$-0.41
Dividend yield
—
52W range
$1 – $7
Volume
2.6M
American Resources Corp Class A (AREC) Financial statements
SEC filings — annual and quarterly data.
Income statement — annual
| Item | 2014 | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | — | $62429.00 | $147282.00 | $20.82M | $31.52M | $24.48M | $1.06M | $7.76M | $39.47M | $13.23M | $383234.00 |
| Revenue growth (YoY) | — | — | +135.9% | +14036.8% | +51.4% | -22.4% | -95.7% | +631.8% | +409.0% | -66.5% | -97.1% |
| Cost of revenue | — | $60222.00 | $80922.00 | $21.32M | $28.17M | $30.31M | $5.11M | $8.40M | $25.47M | $11.98M | $2.56M |
| Gross profit | — | $2207.00 | $66360.00 | $-497582.00 | $3.36M | $-5.83M | $-4.05M | $-639795.00 | $14.00M | $1.25M | $-2.18M |
| Gross margin | — | 3.5% | 45.1% | -2.4% | 10.6% | -23.8% | -382.0% | -8.2% | 35.5% | 9.5% | -568.7% |
| R&D | — | $1.76M | $1.76M | $6.85M | $3.82M | $7.24M | $4.00M | $18.10M | $28.13M | $11.31M | $2.15M |
| SG&A | $84951.00 | $376926.00 | $338384.00 | $8.92M | $11.35M | $19.10M | $7.56M | $23.26M | $5.12M | $12.21M | $23.65M |
| Operating income | $-84951.00 | $-404886.00 | $-754906.00 | $-14.02M | $-12.30M | $-59.95M | $-16.45M | $-28.22M | $-19.49M | $-36.38M | $-33.09M |
| Operating margin | — | -648.6% | -512.6% | -67.3% | -39.0% | -244.9% | -1552.1% | -363.9% | -49.4% | -274.9% | -8634.2% |
| EBITDA | $-80973.00 | $-374719.00 | $-680660.00 | $-10.43M | $-6.49M | $-54.04M | $-2.02M | $-24.01M | $3.51M | $-33.19M | $-27.07M |
| EBITDA margin | — | -600.2% | -462.1% | -50.1% | -20.6% | -220.8% | -190.9% | -309.6% | 8.9% | -250.8% | -7064.2% |
| EBIT | $-84951.00 | $-404886.00 | $-719160.00 | $-13.49M | $-10.80M | $-60.28M | $-6.86M | $-28.34M | $-19519.00 | $-36.74M | $-32.18M |
| Interest expense | $0.00 | $0.00 | $0.00 | $1.04M | $1.96M | $10.63M | $3.39M | $4.17M | $1.43M | $1.99M | $8.02M |
| Income tax | — | — | — | — | — | — | — | — | — | — | — |
| Effective tax rate | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% | 0.0% |
| Net income | $-88930.00 | $-424559.00 | $-717673.00 | $-14.37M | $-12.91M | $-70.92M | $-10.26M | $-32.50M | $-1.45M | $-38.53M | $-40.11M |
| Net income growth (YoY) | — | -377.4% | -69.0% | -1902.1% | +10.2% | -449.4% | +85.5% | -216.9% | +95.6% | -2565.0% | -4.1% |
| Profit margin | — | -680.1% | -487.3% | -69.0% | -40.9% | -289.7% | -967.8% | -419.1% | -3.7% | -291.1% | -10465.9% |