InsiderClue
Stocks · Silver Ores

American Resources Corp

AREC Clue Score37
United States Fiscal year ends December CIK 0001590715
$1.59 -3.64% Close, 9 Oct 2026
Alert on the numbers Alert on insider trades
Price $1.59 −28.05% Close, 9 Oct 2026

Closing prices at the end of each trading day, from 29 Dec 2017. Not a live quote. Adjusted for share splits, so the line has no step at a split; dividends are not added back. P/E and P/FCF are the market value over the last full fiscal year's net income or free cash flow, as public on each day, so they step once a year when the annual report comes out. A hatched band marks a stretch with none: a year of net loss, or of cash burnt.

Revenue and profit

What the business sells, and what is left of it. Point at a year for the detail.
RevenueOperating incomeNet income
Fiscal year 2016Revenue7.6Operating income−21.9Net income−22.1Fiscal year 2017Revenue20.8 +173.9%Operating income−12.6Net income−12.6Fiscal year 2018Revenue31.5 +51.4%Operating income−11.5Net income−12.8Fiscal year 2019Revenue24.5 −22.4%Operating income−60.0Net income−70.9Fiscal year 2020Revenue1.1 −95.7%Operating income−16.4Net income−10.3Fiscal year 2021Revenue7.8 +631.8%Operating income−28.3Net income−32.5Fiscal year 2022Revenue39.5 +409.0%Operating income−19.5Net income−1.4Fiscal year 2023Revenue11.8 −70.1%Operating income−36.4Net income−38.5EPS, diluted−0.51Fiscal year 2024Revenue0.0 −99.7%Operating income−14.2Net income−39.2EPS, diluted−0.51Fiscal year 2025Revenue0.0 −100.0%Operating income−11.3Net income55.4EPS, diluted0.63
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Revenue 7.6 20.8 31.5 24.5 1.1 7.8 39.5 11.8 0.0 0.0
Growth +173.9% +51.4% −22.4% −95.7% +631.8% +409.0% −70.1% −99.7% −100.0%
Operating income −21.9 −12.6 −11.5 −60.0 −16.4 −28.3 −19.5 −36.4 −14.2 −11.3
Net income −22.1 −12.6 −12.8 −70.9 −10.3 −32.5 −1.4 −38.5 −39.2 55.4
Growth
EPS, diluted n/a n/a n/a n/a n/a n/a n/a −0.51 −0.51 0.63
Growth

Margins

How much of each dollar of revenue it keeps. Point at a year for the detail.
Operating marginNet margin
Fiscal year 2016Operating margin−287.5%Net margin−290.6%Free cash flow margin−77.0%Fiscal year 2017Operating margin−60.4%Net margin−60.5%Free cash flow margin−27.9%Fiscal year 2018Operating margin−36.5%Net margin−40.5%Free cash flow margin−11.1%Fiscal year 2019Operating margin−244.9%Net margin−289.7%Free cash flow margin−79.8%Fiscal year 2020Operating margin−1,552.1%Net margin−967.8%Fiscal year 2021Operating margin−365.3%Net margin−419.1%Fiscal year 2022Operating margin−49.4%Net margin−3.7%Fiscal year 2023Operating margin−307.7%Net margin−325.9%Free cash flow margin−195.7%Fiscal year 2024Operating margin−41,734.7%Net margin−115,068.9%Free cash flow margin−65,460.2%Fiscal year 2025
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating margin −287.5% −60.4% −36.5% −244.9% −1,552.1% −365.3% −49.4% −307.7% −41,734.7% n/a
Net margin −290.6% −60.5% −40.5% −289.7% −967.8% −419.1% −3.7% −325.9% −115,068.9% n/a
Free cash flow margin −77.0% −27.9% −11.1% −79.8% n/a n/a n/a −195.7% −65,460.2% n/a

Cash flow

The cash the business makes, what it reinvests, and what it hands back. Point at a year for the detail.
Operating cash flowCapital expenditureFree cash flow
Fiscal year 2016Operating cash flow−5.8Capital expenditure−0.0Free cash flow−5.9Fiscal year 2017Operating cash flow−5.6Capital expenditure−0.2Free cash flow−5.8Fiscal year 2018Operating cash flow−3.4Capital expenditure−0.1Free cash flow−3.5Fiscal year 2019Operating cash flow−19.2Capital expenditure−0.3Free cash flow−19.5Fiscal year 2020Operating cash flow−13.8Fiscal year 2021Operating cash flow−29.1Fiscal year 2022Operating cash flow2.5Fiscal year 2023Operating cash flow−19.5Capital expenditure−3.6Free cash flow−23.1Fiscal year 2024Operating cash flow−21.2Capital expenditure−1.1Free cash flow−22.3Fiscal year 2025Operating cash flow−10.4
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Operating cash flow −5.8 −5.6 −3.4 −19.2 −13.8 −29.1 2.5 −19.5 −21.2 −10.4
Capital expenditure −0.0 −0.2 −0.1 −0.3 n/a n/a n/a −3.6 −1.1 n/a
Free cash flow −5.9 −5.8 −3.5 −19.5 n/a n/a n/a −23.1 −22.3 n/a
Growth

Balance sheet

What it holds against what it owes, at each year end. Point at a year for the detail.
CashTotal debt
Fiscal year 2016Cash0.9Total debt4.4Net cash (debt)−3.5Shareholders’ equity−26.0Fiscal year 2017Cash0.4Total debt14.7Net cash (debt)−14.3Shareholders’ equity−37.2Fiscal year 2018Cash2.7Total debt22.1Net cash (debt)−19.4Shareholders’ equity−9.2Fiscal year 2019Cash0.3Total debt20.5Net cash (debt)−20.2Shareholders’ equity−32.7Fiscal year 2020Cash11.2Total debt25.3Net cash (debt)−14.1Shareholders’ equity−20.0Fiscal year 2021Cash12.6Total debt5.3Net cash (debt)7.3Shareholders’ equity−2.3Fiscal year 2022Cash11.0Total debt1.9Net cash (debt)9.1Shareholders’ equity−19.9Fiscal year 2023Cash1.3Total debt2.1Net cash (debt)−0.8Shareholders’ equity−43.5Fiscal year 2024Cash0.2Total debt2.1Net cash (debt)−1.9Shareholders’ equity−79.4Fiscal year 2025Cash31.7Total debt1.0Net cash (debt)30.7Shareholders’ equity94.8Debt to equity0.01
FY2016FY2017FY2018FY2019FY2020FY2021FY2022FY2023FY2024FY2025
Cash 0.9 0.4 2.7 0.3 11.2 12.6 11.0 1.3 0.2 31.7
Total debt 4.4 14.7 22.1 20.5 25.3 5.3 1.9 2.1 2.1 1.0
Net cash (debt) −3.5 −14.3 −19.4 −20.2 −14.1 7.3 9.1 −0.8 −1.9 30.7
Shareholders’ equity −26.0 −37.2 −9.2 −32.7 −20.0 −2.3 −19.9 −43.5 −79.4 94.8
Debt to equity n/a n/a n/a n/a n/a n/a n/a n/a n/a 0.01

In millions of USD, except per-share figures and ratios. Fiscal years, as last filed with the SEC.

Financial statements FY2025 · 10-K

Income statement

In millions of USD, except per-share figures; shares in millions. Fiscal years ending December, each column as last filed with the SEC.
Click a line to chart it
Fiscal year FY2016 31 Dec 2016 FY2017 31 Dec 2017 FY2018 31 Dec 2018 FY2019 31 Dec 2019 FY2020 31 Dec 2020 FY2021 31 Dec 2021 FY2022 31 Dec 2022 FY2023 31 Dec 2023 FY2024 31 Dec 2024 FY2025 31 Dec 2025
Revenue and profit
7.6 20.8 31.5 24.5 1.1 7.8 39.5 11.8 0.0 0.0
Growth +173.9% +51.4% −22.4% −95.7% +631.8% +409.0% −70.1% −99.7% −100.0%
n/a 1.6 25.0 26.1 3.7 7.1 21.7 n/a n/a n/a
−0.2 −1.4 6.2 5.1 2.5 3.9 4.0 10.7 11.4 9.6
−21.9 −12.6 −11.5 −60.0 −16.4 −28.3 −19.5 −36.4 −14.2 −11.3
Growth
n/a n/a n/a n/a n/a n/a n/a −0.6 −16.0 −17.8
n/a n/a n/a n/a n/a n/a n/a n/a 0.0 0.0
−22.1 −12.6 −12.8 −70.9 −10.3 −32.5 −1.4 −38.5 −39.2 55.4
Growth
Per share
n/a n/a n/a n/a n/a n/a n/a −0.51 −0.51 0.63
Growth
n/a n/a n/a n/a n/a n/a 66.8 75.4 n/a n/a
n/a n/a n/a n/a n/a n/a n/a 75.1 77.2 87.3
Growth +2.8% +13.0%

Five years in brief

Worked out from the figures above, not from a press release
  • A net loss in 9 of 10 years on file.