AREC
Income statement / Annual
Last year (2023), American Resources Corporation's total revenue was $16.74 M,
a decrease of 57.58% from the previous year.
In 2023, American Resources Corporation's net income was -$11.46 M.
See American Resources Corporation’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
FY-2014
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
09/30/2016 |
09/30/2015 |
09/30/2014 |
| Operating Revenue |
$16.74 M
|
$39.47 M
|
$7.76 M
|
$1.06 M
|
$24.48 M
|
$31.52 M
|
$20.82 M
|
$147,282.00
|
$62,429.00
|
$0.00
|
| Cost of Revenue |
$14.26 M |
$25.47 M |
$8.40 M |
$5.11 M |
$30.31 M |
$28.17 M |
$21.32 M |
$80,922.00 |
$60,222.00 |
$0.00 |
| Gross Profit |
$2.48 M |
$14.00 M |
-$639,795.00 |
-$4.05 M |
-$5.83 M |
$3.36 M |
-$497,582.00 |
$66,360.00 |
$2,207.00 |
$0.00 |
| Gross Profit Ratio |
0.15 |
0.35 |
-0.08 |
-3.82 |
-0.24 |
0.11 |
-0.02 |
0.45 |
0.04 |
0 |
| Research and Development
Expenses |
$11.75 M
|
$28.13 M
|
$18.10 M
|
$4.00 M
|
$7.24 M
|
$3.82 M
|
$6.85 M
|
$1.76 M
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$8.35 M
|
$5.12 M
|
$23.26 M
|
$7.56 M
|
$19.10 M
|
$11.35 M
|
$8.92 M
|
$338,384.00
|
$376,926.00
|
$84,951.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$8.35 M
|
$5.12 M
|
$23.26 M
|
$7.56 M
|
$19.10 M
|
$11.35 M
|
$8.92 M
|
$338,384.00
|
$376,926.00
|
$84,951.00
|
| Other Expenses |
-$6.19 M |
$4.74 M |
-$13.78 M |
$838,671.00 |
$491,506.00 |
$491,445.00 |
$343,100.00 |
-$550.00 |
$30,167.00 |
$0.00 |
| Operating Expenses |
$13.91 M |
$38.00 M |
$27.58 M |
$12.40 M |
$26.83 M |
$15.66 M |
$13.27 M |
$376,884.00 |
$407,093.00 |
$84,951.00 |
| Cost And Expenses |
$28.17 M |
$63.47 M |
$35.98 M |
$17.51 M |
$57.14 M |
$43.83 M |
$34.59 M |
$457,806.00 |
$467,315.00 |
$84,951.00 |
| Interest Income |
$381,324.00 |
$30,982.00 |
$230,529.00 |
$205,857.00 |
$164,686.00 |
$164,166.00 |
$298,721.00 |
$0.00 |
$0.00 |
$0.00 |
| Interest Expense |
$1.34 M |
$1.43 M |
$4.17 M |
$3.39 M |
$10.63 M |
$1.96 M |
$1.04 M |
$0.00 |
$0.00 |
$0.00 |
| Depreciation &
Amortization |
$2.91 M
|
$4.74 M
|
$4.32 M
|
$4.84 M
|
$7.73 M
|
$4.31 M
|
$3.06 M
|
$38,500.00
|
$30,167.00
|
$3,978.00
|
| EBITDA |
-$7.21 M
|
$4.72 M
|
-$24.01 M
|
-$2.02 M
|
-$59.95 M
|
-$6.49 M
|
-$10.43 M
|
-$680,660.00
|
-$374,719.00
|
-$80,973.00
|
| EBITDA Ratio |
-0.43 |
-0.51 |
-3.22 |
-10.35 |
-0.99 |
-0.28 |
-0.51 |
0.92 |
-5.37 |
0 |
| Operating Income Ratio
|
-0.68
|
-0.61
|
-3.64
|
-15.52
|
-2.45
|
-0.39
|
-0.67
|
-5.13
|
-6.49
|
0
|
| Total Other
Income/Expenses Net |
-$32,753.00
|
$18.04 M
|
-$4.17 M
|
$6.19 M
|
-$10.96 M
|
-$1.26 M
|
-$402,836.00
|
$35,743.00
|
-$19,673.00
|
-$3,979.00
|
| Income Before Tax |
-$11.46 M |
-$1.45 M |
-$32.39 M |
-$10.26 M |
-$70.92 M |
-$12.76 M |
-$14.03 M |
-$719,163.00 |
-$444,455.00 |
-$88,930.00 |
| Income Before Tax Ratio
|
-0.68
|
-0.04
|
-4.18
|
-9.68
|
-2.9
|
-0.4
|
-0.67
|
-4.88
|
-7.12
|
0
|
| Income Tax Expense |
$0.00 |
-$23.98 M |
$3.94 M |
$5.88 M |
$12.68 M |
-$724,337.00 |
$343,099.00 |
-$1,490.00 |
-$19,896.00 |
$1.00 |
| Net Income |
-$11.46 M |
$22.53 M |
-$36.33 M |
-$16.13 M |
-$83.60 M |
-$12.91 M |
-$14.37 M |
-$717,673.00 |
-$424,559.00 |
-$88,930.00 |
| Net Income Ratio |
-0.68 |
0.57 |
-4.68 |
-15.22 |
-3.42 |
-0.41 |
-0.69 |
-4.87 |
-6.8 |
0 |
| EPS |
-0.15 |
0.34 |
-0.66 |
-0.55 |
-3.47 |
-3.67 |
-18.13 |
-0.86 |
-0.58 |
-0.38 |
| EPS Diluted |
-0.15 |
0.34 |
-0.66 |
-0.55 |
-3.47 |
-3.67 |
-18.13 |
-0.86 |
-0.58 |
-0.38 |
| Weighted Average Shares
Out |
$75.42 M
|
$66.32 M
|
$55.22 M
|
$29.36 M
|
$24.09 M
|
$3.51 M
|
$792,391.00
|
$836,628.00
|
$737,916.00
|
$233,331.00
|
| Weighted Average Shares
Out Diluted |
$75.42 M
|
$66.32 M
|
$55.22 M
|
$29.36 M
|
$24.09 M
|
$3.51 M
|
$792,391.00
|
$836,628.00
|
$737,916.00
|
$233,331.00
|
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