AREC · American Resources Corp · Financials
$2.14
-0.05 (-2.28%)
At close · Sep 11
Going-concern doubt
— cleared May 20, 2026
The latest filing states the doubt was alleviated.
“conditions existed at the time of issuance of those financial statements — including recurring operating losses and limited available liquidity that raised substantial doubt about the Company's ability to continue as a going concern within one year from the issuance date of those financial statements. On October 13 2025, the Company received equity financing totaling gross proceeds of $33.7 million and on October 15, 2025, the Company receive equity financing totaling $40 million, both through a private placement of common shares, which substantially improved the Company's cash position and led to management's later assessment that the conditions that had previously raised substantial doubt had been alleviated. Management has concluded that, as of the date of issuance of these consolidated financial statements, substantial doubt about the Company's ability to continue as a going concern no longer exists.”View the 10-K filed May 20, 2026
Market Cap
$228.92M
Shares
106.97M
Income-statement, balance-sheet and cash-flow figures from SEC filings, plus a debt profile anchored in the latest 10-K and updated by each 10-Q and debt exhibit.
Revenue
$0
-100%
FY2025
Net Income
$55.39M
+241.3%
FY2025
Gross Margin
3.54%
FY2015
Operating Margin
-41734.72%
-41427pp
FY2024
Diluted EPS
$0.63
+223.5%
FY2025
Operating Cash Flow
-$10.41M
+51%
FY2025
Chart any reported metric, KPI or segment over time — the full statement history lives here
Search above to add metrics — fundamentals, product and segment revenue, company KPIs, valuation.
| Line Item | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 | FY2015 | FY2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| $0 | $34.07K | $11.82M | $39.47MG | $7.76M | $1.06M | $24.48M | $31.52M | $20.82M | $7.6M | $62.43K | — | |
| — | — | — | $21.69M | $7.09M | $3.75M | $26.09M | $24.99M | $1.59M | $80.92K | $60.22K | — | |
| — | — | — | — | — | — | — | — | — | $66.36K | $2207 | — | |
| — | — | — | — | — | — | — | — | — | — | 3.54% | — | |
| $9.56M | $11.42M | $10.67M | $4.02M | $3.88M | $2.49M | $5.11M | $6.18M | -$1.38M | -$237.6K | $113.92K | $29.55K | |
| — | $1.24M | $1.22M | $1.24M | $1.25M | $1.25M | $1.66M | $478.8K | — | — | — | — | |
| — | — | — | $2.16M | $1.98M | $1.86M | $4.59M | — | — | $38.5K | $30.17K | — | |
| $11.31M | $14.25M | $48.2M | $58.96M | $36.09M | $17.51M | -$84.43M | -$43.02M | -$33.41M | -$29.45M | $407.09K | $84.95K | |
| -$11.31M | -$14.22M | -$36.38M | -$19.49M | -$28.33M | -$16.45M | -$59.95M | -$11.5M | -$12.59M | -$21.85M | — | — | |
| — | -41734.72% | -307.69% | -49.37% | -365.34% | -1552.09% | -244.93% | -36.47% | -60.45% | -287.47% | — | — | |
| — | — | — | -$17.33M | -$26.35M | -$14.59M | -$55.37M | — | — | — | — | — | |
| — | $8.02M | $1.99M | $1.43M | $4.16M | $3.38M | $2.91M | -$1.29M | $558.77K | $283.56K | — | — | |
| — | — | — | $30.98K | $230.53K | $205.86K | $164.69K | $164.17K | $298.72K | $0 | — | — | |
| -$6.53M | -$1.74M | -$2.35M | $312.18K | -$232.99K | $20.54K | -$84.43M | -$43.02M | — | — | — | — | |
| -$84.06K | -$409.27K | -$562.7K | — | — | — | — | — | — | — | — | — | |
| -$17.83M | -$15.96M | -$562.7K | — | — | — | — | — | — | — | — | — | |
| $0 | $0 | — | — | — | — | — | — | — | — | — | — | |
| $55.39M | -$39.2M | -$38.53M | -$1.45M | -$32.5M | -$10.26M | -$70.92M | -$12.76M | -$12.59M | -$22.09M | -$444.46K | -$88.93K | |
| — | -115068.89% | -325.9% | -3.66% | -419.12% | -967.81% | -289.73% | -40.47% | -60.48% | -290.6% | -711.94% | — | |
| — | — | — | — | — | — | — | -$151.26K | -$343.1K | -$54.76K | $19.9K | — | |
| USD/shares | $0.63 | -$0.51 | -$0.51 | — | — | — | — | — | — | — | — | — |
| shares | — | — | 75.42M | 66.78M | 55.22M | 29.36M | 24.09M | 3.51M | 792.39K | 0 | 22.14M | — |
| shares | 87.27M | 77.22M | 75.14M | — | 55.22M | 29.36M | 24.09M | 3.51M | 792.39K | 0 | 22.14M | 19.02M |
Italic rows are computed from reported lines — open a row's info icon for its formula. Values reflect the latest filing (restatements included); per-share figures on today's split basis. Click a value for its source filing.
3Y/5Y/10Y columns are trailing CAGR from the newest fiscal year; blank where an endpoint is missing or negative. (G): the company's own guidance — a (G) column is a guided period not yet reported; a G marker shows how the reported figure landed against the guided range. Non-GAAP-basis guidance (*) is shown as stated and never judged against GAAP actuals.
Debt Profile
Annual debt figures are established from 10-K filings and updated by subsequent 10-Q and 8-K disclosures. Instrument balances are not summed into a company total unless the filing itself reports that total.
Debt data is being processed. Please check back later.
Price & Valuation
Multiples computed on the strict TTM/EV methodology — today's snapshot against peers, and each ratio recomputed as of past filing dates.
Valuation over time computed as of each quarter's filing date
Revenue Breakdown
Annual revenue as the company disaggregates it in its own XBRL filings. Years a component wasn't reported show a dash.
Share mode is each component's slice of the reported components that year — issuers rarely tag every revenue dollar, so slices need not sum to total revenue.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Corporate | $0 | $0 | $0 |
| American Infrastructure Corporation | — | $174,738 | $11,757,091 |
| Consolidated | — | $383,234 | $11,821,899 |
| Electrified Materials Corporation | — | $108,536 | $64,808 |
| Re Elements | — | $99,960 | $0 |
Segment Operating Income
Annual operating income by business segment, as tagged in the company's own XBRL filings. Segments need not sum to the consolidated figure — corporate costs and eliminations are typically unallocated.
By Segment (USD)
| Component | FY2025 | FY2024 | FY2023 |
|---|---|---|---|
| Corporate | -$10,622,774 | -$13,136,778 | -$21,956,699 |
| American Infrastructure Corporation | — | -$14,694,535 | -$11,767,716 |
| Consolidated | — | -$32,231,128 | -$36,375,202 |
| Electrified Materials Corporation | — | -$476,884 | $66,552 |
| Re Elements | — | -$4,028,578 | -$2,717,339 |
Operating Margin by Segment (%)
| Component | FY2024 | FY2023 |
|---|---|---|
| American Infrastructure Corporation | -8409.5% | -100.1% |
| Consolidated | -8410.3% | -307.7% |
| Electrified Materials Corporation | -439.4% | 102.7% |
| Re Elements | -4030.2% | — |
Key facts
CIK
1590715
CUSIP
02927U208
13F (30d)
44 filings
43 filers
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