American Resources Corporation (AREC)

USD 1.03

(-4.63%)

Annual Income Statements

(In USD)
Breakdown 2023 2022 2021 2020 2019 2018
Revenue 16.74 Million 39.47 Million 7.75 Million 1.05 Million 24.47 Million 31.52 Million
Cost of Revenue 14.25 Million 25.47 Million 8.39 Million 5.1 Million 30.3 Million 28.16 Million
Gross Profit 2.48 Million 14 Million -639.79 Thousand -4.04 Million -5.83 Million 3.35 Million
Operating Expenses 13.9 Million 37.99 Million 27.58 Million 12.39 Million 26.82 Million 15.66 Million
Selling, General and Administrative Expenses 8.35 Million 5.12 Million 23.26 Million 7.56 Million 19.1 Million 11.35 Million
Research and Development Expenses 11.74 Million 28.13 Million 18.09 Million 3.99 Million 7.23 Million 3.81 Million
Other Expenses -6.19 Million 4.74 Million -13.77 Million 838.67 Thousand 491.5 Thousand 491.44 Thousand
Cost and Expenses 28.16 Million 63.47 Million 35.97 Million 17.5 Million 57.13 Million 43.82 Million
Operating Income -11.42 Million -23.99 Million -28.22 Million -16.44 Million -59.95 Million -12.3 Million
Interest Expense 1.33 Million 1.42 Million 4.16 Million 3.39 Million 10.63 Million 1.95 Million
Income Tax Expense - -23.97 Million 3.93 Million 5.87 Million 12.68 Million -724.33 Thousand
Earnings before Tax -11.45 Million -1.44 Million -32.39 Million -10.25 Million -70.91 Million -12.75 Million
Net Income -11.45 Million 22.53 Million -36.32 Million -16.13 Million -83.6 Million -12.9 Million
Earnings Per Share Basic -0.15 0.34 -0.66 -0.55 -3.47 -3.67
Earnings Per Share Diluted -0.15 0.34 -0.66 -0.55 -3.47 -3.67
Weighted Average Shares Outstanding 75.42 Million 66.31 Million 55.22 Million 29.35 Million 24.09 Million 3.51 Million
Weighted Average Shares Outstanding (Diluted) 75.42 Million 66.31 Million 55.22 Million 29.35 Million 24.09 Million 3.51 Million
Gross Margin 0.15 0.35 -0.08 -3.82 -0.24 0.11
EBIT Margin -0.43 -0.51 -3.22 -10.35 -0.99 -0.28
Profit Margin -0.68 0.57 -4.68 -15.22 -3.42 -0.41
EBITDA -7.21 Million 4.72 Million -24.01 Million -2.02 Million -59.95 Million -6.49 Million
Earnings Before Tax Margin -0.68 -0.61 -3.64 -15.52 -2.45 -0.39

Income Statement Charts