American Resources Corporation (AREC) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 |
|---|
| Sales/Revenue | -95.35K | 50.16K | 13.26K | 31.93K | 49.68K | 235.44K | 4.09K | 94.02K | 66.4K | 5.81M | 2M | 8.87M | 4.68M | 9.51M | 16.2M | 9.08M | 4.54M | 2.81M | 393.21K | 10.65K |
| Revenue Growth % | -291.94% | -78.69% | 223.79% | -66.04% | -25.19% | -95.95% | -99.8% | -98.94% | -98.58% | -38.92% | -87.65% | -2.34% | 3.24% | 237.95% | 4019.73% | 85196.09% | 32602.88% | 855.02% | 73.35% | -97.97% |
| Cost of Goods Sold | -167.11K | 46.58K | 1.52M | 186.3K | -1.74M | 2.66M | 677.28K | 986.01K | 5.33M | 3.21M | 4.32M | 3.69M | 7.27M | 8.14M | 6.36M | 3.71M | 2.7M | 3.28M | 1.04M | 1.37M |
| COGS % of Revenue | 175.26% | 92.86% | 11434.17% | 583.52% | -3510.13% | 1130.37% | 16543.14% | 1048.73% | 8022.82% | 55.28% | 215.85% | 41.58% | 155.1% | 85.61% | 39.23% | 40.86% | 59.46% | 116.72% | 265.46% | 12856.44% |
| Gross Profit | 71.76K | 3.58K | -1.5M | -154.37K | 1.79M | -2.43M | -673.18K | -891.99K | -5.26M | 2.6M | -2.32M | 5.18M | -2.58M | 1.37M | 9.84M | 5.37M | 1.84M | -470.61K | -650.59K | -1.36M |
| Gross Margin % | -75.26% | 7.14% | -11334.17% | -483.52% | 3610.13% | -1030.37% | -16443.11% | -948.73% | -7922.82% | 44.72% | -115.85% | 58.42% | -55.1% | 14.39% | 60.77% | 59.14% | 40.54% | -16.72% | -165.46% | -12756.44% |
| Gross Profit Growth % | -96% | 100.15% | -123.19% | 82.69% | 134.09% | -193.39% | 70.96% | -117.22% | -103.83% | 89.84% | -123.54% | -3.52% | -240.32% | 390.77% | 1613.09% | 495.44% | 187.66% | -798.75% | -23.79% | 8.92% |
| Operating Expenses | -5.22M | 4.31M | 5.21M | 4.83M | 15.23M | 5.83M | 5.56M | 5.84M | -2.41M | 4.45M | 5.03M | 7.82M | 8.67M | 6M | 13.98M | 9.35M | 10.77M | 7.37M | 4.94M | 4.61M |
| OpEx % of Revenue | 5471.67% | 8597.9% | 39290.46% | 15125.32% | 30652.77% | 2477.21% | 135716.59% | 6209.59% | -3632.93% | 76.58% | 251.52% | 88.13% | 185.04% | 63.1% | 86.28% | 103.01% | 237.39% | 261.99% | 1255.18% | 43342.86% |
| Selling, General & Admin | -2.52B | 2.8M | 2.52B | 3.38M | 13.89M | 4.62M | 3.28M | 4.67M | 3.6M | 2.08M | 1.97M | 1.61M | 7.7M | 4.73M | 12.67M | 1.37M | 9.67M | 6.26M | 3.84M | 3.6M |
| SG&A % of Revenue | 2642474.46% | 5579.64% | 19032528.67% | 10586.14% | 27958.04% | 1961.89% | 80085.83% | 4966.5% | 5421.43% | 35.8% | 98.58% | 18.21% | 164.4% | 49.74% | 78.22% | 15.11% | 213.06% | 222.33% | 977.38% | 33847.74% |
| Research & Development | -608.7K | 385.45K | 330.76K | 0 | 0 | 0 | 0 | 0 | 0 | 1.8M | 0 | 5.63M | 0 | 3.69M | 11.53M | 6.78M | 0 | 5.14M | 3.06M | 1.81M |
| R&D % of Revenue | 638.39% | 768.37% | 2495.15% | - | - | - | - | - | - | 31.02% | - | 63.53% | - | 38.83% | 71.19% | 74.71% | - | 182.75% | 777.09% | 17020.02% |
| Other Operating Expenses | 1000K | 1000K | -1000K | 1000K | 1000K | 1000K | 1000K | 1000K | -1000K | 567.18K | 1000K | 567.49K | 966.87K | -1000K | -1000K | 1000K | 1000K | -1000K | -1000K | -801.1K |
| Operating Income | 5.29M | -4.31M | -6.71M | -4.98M | -13.43M | -8.26M | -6.23M | -6.73M | -2.85M | -1.85M | -7.35M | -2.64M | -11.25M | -4.63M | -4.13M | -3.98M | -8.93M | -7.84M | -5.59M | -5.97M |
| Operating Margin % | -5546.94% | -8590.76% | -50624.61% | -15608.84% | -27042.65% | -3507.57% | -152159.7% | -7158.32% | -4289.9% | -31.85% | -367.36% | -29.71% | -240.14% | -48.71% | -25.51% | -43.87% | -196.85% | -278.72% | -1420.64% | -56099.3% |
| Operating Income Growth % | 139.37% | 47.82% | -7.73% | 25.95% | -371.59% | -346.35% | 15.24% | -155.4% | 74.68% | 60.06% | -77.84% | 33.85% | -25.95% | 40.94% | 26.02% | 33.3% | -24.98% | -251% | -98.73% | -40.36% |
| EBITDA | 2.58M | -3.24M | -5.45M | -3.84M | -11.16M | -6.9M | -5.14M | -5.82M | 1.02M | -708.02K | -5.8M | -2.32M | -10.26M | -3.36M | -2.83M | -3.05M | -8.01M | -7.03M | -4.8M | -5.27M |
| EBITDA Margin % | -2705.18% | -6468.63% | -41138.39% | -12028.8% | -22470.88% | -2929.96% | -125506.03% | -6195.42% | 1541.41% | -12.19% | -289.92% | -26.11% | -219.03% | -35.35% | -17.45% | -33.64% | -176.48% | -249.92% | -1220.57% | -49475.08% |
| EBITDA Growth % | 123.11% | 52.96% | -6.13% | 34.07% | -1190.59% | -874.31% | 11.42% | -151.51% | 109.98% | 78.94% | -105.19% | 24.17% | -28.14% | 52.2% | 41.1% | 42.01% | -17.05% | -451.66% | -117.76% | -74.02% |
| D&A (Non-Cash Add-back) | -2.71M | 1.06M | 1.26M | 1.14M | 2.27M | 1.36M | 1.09M | 905.31K | 3.87M | 1.14M | 1.55M | 319.19K | 988.76K | 1.27M | 1.31M | 929.44K | 924.41K | 810.44K | 786.7K | 705.22K |
| EBIT | -245.19K | -4.32M | -6.61M | -4.9M | -12.38M | -8.45M | -6.18M | -6.36M | -10.54M | -2.43M | -7.52M | -2.52M | 9.48M | -4.96M | -2.17M | -2.37M | -8.65M | -7.82M | -5.97M | -5.9M |
| Net Interest Income | 4.59M | -1.97M | -2.06M | -1.75M | -4.92M | -766.95K | -415.44K | -213.36K | 66.28K | -518.61K | -300.98K | -558.75K | -440.64K | -309.52K | -271.36K | -373.65K | -1.86M | -1.01M | -617.19K | -452.82K |
| Interest Income | 556.17K | 9.93K | 7.25K | 4.17K | 990.66K | 7.53K | 3.05K | 36.09K | 359.73K | 2.83K | 1.55K | 17.21K | 16.49K | 1.16K | 3.28K | 10.04K | 43.24K | 85.9K | 60.22K | 41.17K |
| Interest Expense | -4.03M | 1.98M | 2.06M | 1.75M | 5.91M | 774.48K | 418.49K | 249.46K | 293.45K | 521.44K | 302.53K | 575.96K | 457.13K | 310.68K | 274.64K | 383.7K | 1.9M | 1.1M | 677.41K | 493.99K |
| Other Income/Expense | -1.5M | -3.38M | -1.96M | -1.67M | -4.85M | -963.9K | -371.33K | -290.94K | -7.99M | -606.33K | -471.22K | -465.75K | 20.27M | -637.63K | 1.69M | 1.23M | -1.62M | -1.07M | -1.06M | -417.52K |
| Pretax Income | 3.79M | -7.7M | -8.67M | -6.66M | -18.29M | -9.22M | -6.6M | -7.02M | -10.84M | -2.46M | -7.82M | -3.1M | 9.02M | -5.27M | -2.44M | -2.75M | -10.55M | -8.91M | -6.65M | -6.39M |
| Pretax Margin % | -3971.03% | -15350.77% | -65396.08% | -20847.68% | -36812.56% | -3916.97% | -161229.9% | -7467.77% | -16321.2% | -42.29% | -390.92% | -34.97% | 192.56% | -55.41% | -15.09% | -30.32% | -232.52% | -316.76% | -1691.25% | -60021.2% |
| Income Tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -42.94K | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0.81% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 77.03M | -4.4M | -8.67M | -6.65M | -18.28M | -9.21M | -6.62M | -6.94M | -10.84M | -2.36M | -7.63M | -3.1M | 8.96M | -5.23M | -2.43M | -2.75M | -10.55M | -8.91M | -6.65M | -6.39M |
| Net Margin % | -80783.77% | -8774.05% | -65375.14% | -20837.42% | -36798.61% | -3910.4% | -161580.09% | -7382.94% | -16321.2% | -40.64% | -381.32% | -34.97% | 191.2% | -54.96% | -15.01% | -30.23% | -232.52% | -316.76% | -1691.25% | -60021.2% |
| Net Income Growth % | 521.36% | 52.19% | -31.01% | 4.16% | -68.67% | -289.98% | 13.29% | -123.85% | -220.99% | 54.83% | -213.8% | -12.96% | 184.9% | 41.36% | 63.44% | 57.04% | -25.21% | -7289.37% | -608.33% | -95.93% |
| Net Income (Continuing) | 3.79M | -7.7M | -8.67M | -6.66M | -18.29M | -9.22M | -6.6M | -7.02M | -10.84M | -2.46M | -7.82M | -3.1M | 9.02M | -5.23M | -2.44M | -2.75M | -10.55M | -8.91M | -6.65M | -6.39M |
| Discontinued Operations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | -1.59M | -1.57M | -1.57M | -1.56M | -1.56M | -1.55M | -1.54M | 0 | -1.47M | 0 | 0 | 0 | 0 | -63.49K | -20.55K | -7.88K | 0 | 0 | 0 | 0 |
| EPS (Diluted) | 0.86 | -0.05 | -0.10 | -0.08 | -0.23 | -0.12 | -0.09 | -0.09 | -0.14 | 0.05 | -0.01 | -0.05 | 0.50 | -0.08 | -0.04 | -0.04 | -0.22 | -0.15 | -0.13 | -0.14 |
| EPS Growth % | 473.91% | 56.5% | -16.96% | 8.42% | -64.29% | -362.58% | -552.67% | -84.66% | -128% | 158.07% | 64.21% | -16.15% | 327.27% | 47.53% | 71.85% | 69.93% | 24.14% | - | -360% | -16.67% |
| EPS (Basic) | 0.86 | -0.05 | -0.10 | -0.08 | -0.23 | -0.12 | -0.09 | -0.09 | -0.14 | 0.05 | -0.01 | -0.05 | 0.50 | -0.08 | -0.04 | -0.04 | -0.22 | -0.15 | -0.13 | -0.14 |
| Diluted Shares Outstanding | 87.27M | 84.31M | 82.85M | 80.49M | 78.86M | 77.4M | 77.38M | 76.89M | 76.25M | 76.25M | 76.2M | 72.95M | 66.78M | 66.38M | 66.38M | 65.25M | 55.22M | 60.07M | 52.13M | 46.92M |
| Basic Shares Outstanding | 87.27M | 84.31M | 82.85M | 80.49M | 78.86M | 77.4M | 77.38M | 76.89M | 76.25M | 76.25M | 76.2M | 72.95M | 66.78M | 66.38M | 66.38M | 65.25M | 55.22M | 60.07M | 52.13M | 46.92M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |