AREC: American Resources Corp Financial Statements
Balance sheet, income statement, and cash flow statements for American Resources Corp (AREC).
$78.20M Market Cap.
AREC Market Cap. (MRY)
AREC Shares Outstanding (MRY)
AREC Assets (MRY)
Total Assets
$205.01M
Total Liabilities
$286.92M
Total Investments
$7.07M
AREC Income (MRY)
Revenue
$383.23K
Net Income
-$40.11M
Operating Expense
$30.91M
AREC Cash Flow (MRY)
CF Operations
-$22.23M
CF Investing
$55.98K
CF Financing
$146.66M
AREC Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $205,013,999 (123.46%) | $91,746,164 (64.08%) | $55,916,349 (30.42%) | $42,872,702 (11.60%) |
Assets Current | $11,325,039 (-67.54%) | $34,885,493 (224.14%) | $10,762,587 (-29.65%) | $15,297,943 (36.40%) |
Assets Non-Current | $193,688,960 (240.64%) | $56,860,671 (25.93%) | $45,153,762 (63.75%) | $27,574,759 (1.38%) |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | -$78,786,412 (-35297.02%) | $223,844 (178.63%) | -$284,696 (87.86%) | -$2,345,408 (88.28%) |
Property Plant & Equipment Net | $39,293,806 (16.90%) | $33,613,917 (51.77%) | $22,147,611 (-6.27%) | $23,629,348 (5.03%) |
Cash & Equivalents | $155,366,868 (1541.55%) | $9,464,667 (-13.89%) | $10,990,829 (-12.69%) | $12,588,113 (12.38%) |
Accumulated Other Comprehensive Income | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $7,073,601 (-85.59%) | $49,077,204 (135.00%) | $20,883,888 (735.36%) | $2,500,000 (0%) |
Investments Current | $5,087,357 (-83.21%) | $30,297,204 (0%) | $0 (0%) | $0 (0%) |
Investments Non-Current | $1,986,244 (-89.42%) | $18,780,000 (-10.07%) | $20,883,888 (735.36%) | $2,500,000 (0%) |
Inventory | $959,989 (1677.76%) | $54,000 (-87.91%) | $446,690 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $1,087,918 (998.66%) | $99,022 (-85.01%) | $660,755 (-81.26%) | $3,525,636 (-19.69%) |
Trade & Non-Trade Payables | $14,230,907 (21.75%) | $11,688,863 (-0.40%) | $11,735,718 (27.52%) | $9,202,849 (3.49%) |
Accumulated Retained Earnings (Deficit) | -$266,763,049 (-49.28%) | -$178,694,329 (-6.85%) | -$167,239,243 (-0.87%) | -$165,793,571 (-24.39%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $233,231,020 (303.29%) | $57,832,100 (146.16%) | $23,493,415 (49.41%) | $15,724,437 (-48.66%) |
Debt Current | $53,390,029 (841.77%) | $5,669,141 (-63.65%) | $15,594,164 (159.60%) | $6,007,071 (-45.38%) |
Debt Non-Current | $179,840,991 (244.77%) | $52,162,959 (560.35%) | $7,899,251 (-18.71%) | $9,717,366 (-50.50%) |
Total Liabilities | $286,923,743 (213.50%) | $91,522,320 (64.51%) | $55,631,653 (23.27%) | $45,128,110 (-22.75%) |
Liabilities Current | $84,802,847 (369.29%) | $18,070,562 (-34.14%) | $27,436,768 (65.93%) | $16,535,206 (-21.01%) |
Liabilities Non-Current | $202,120,896 (175.18%) | $73,451,758 (160.51%) | $28,194,885 (-1.39%) | $28,592,904 (-23.73%) |
AREC Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $383,234 (-97.71%) | $16,744,075 (-57.58%) | $39,474,269 (409.00%) | $7,755,306 (631.85%) |
Cost of Revenue | $2,562,508 (-82.03%) | $14,259,541 (-44.02%) | $25,472,705 (203.42%) | $8,395,101 (64.38%) |
Selling General & Administrative Expense | $21,024,382 (199.76%) | $7,013,833 (74.45%) | $4,020,464 (3.50%) | $3,884,464 (56.20%) |
Research & Development Expense | $2,148,132 (-81.71%) | $11,746,725 (-58.25%) | $28,134,883 (55.45%) | $18,098,670 (352.59%) |
Operating Expenses | $30,909,788 (122.26%) | $13,906,867 (-20.48%) | $17,488,885 (-36.85%) | $27,693,613 (123.34%) |
Interest Expense | $8,021,459 (499.96%) | $1,336,997 (-6.25%) | $1,426,153 (-65.72%) | $4,159,813 (22.95%) |
Income Tax Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$40,196,740 (-250.91%) | -$11,455,086 (-692.37%) | -$1,445,672 (95.55%) | -$32,504,323 (-216.94%) |
Net Income to Non-Controlling Interests | -$87,814 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$40,108,926 (-250.14%) | -$11,455,086 (-692.37%) | -$1,445,672 (95.55%) | -$32,504,323 (-216.94%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$40,108,926 (-250.14%) | -$11,455,086 (-692.37%) | -$1,445,672 (95.55%) | -$32,504,323 (-216.94%) |
Weighted Average Shares | $77,222,990 (2.39%) | $75,422,390 (13.73%) | $66,316,058 (20.09%) | $55,222,768 (88.09%) |
Weighted Average Shares Diluted | $77,222,990 (2.39%) | $75,422,390 (13.73%) | $66,316,058 (20.09%) | $55,222,768 (88.09%) |
Earning Before Interest & Taxes (EBIT) | -$32,087,467 (-217.13%) | -$10,118,089 (-51737.13%) | -$19,519 (99.93%) | -$28,344,510 (-312.44%) |
Gross Profit | -$2,179,274 (-187.71%) | $2,484,534 (-82.26%) | $14,001,564 (2288.45%) | -$639,795 (84.19%) |
Operating Income | -$33,089,062 (-189.69%) | -$11,422,333 (-227.54%) | -$3,487,321 (87.69%) | -$28,333,408 (-72.27%) |
AREC Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $55,976 (100.19%) | -$28,833,246 (-277.37%) | -$7,640,668 (-29.09%) | -$5,918,943 (-1516.50%) |
Net Cash Flow from Financing | $146,661,482 (292.28%) | $37,387,162 (118372.63%) | -$31,611 (-100.09%) | $36,398,046 (49.41%) |
Net Cash Flow from Operations | -$22,225,352 (-53.12%) | -$14,515,241 (-338.93%) | $6,074,995 (120.88%) | -$29,092,193 (-110.09%) |
Net Cash Flow / Change in Cash & Cash Equivalents | $124,492,106 (2323.08%) | -$5,599,988 (-250.59%) | -$1,597,284 (-215.17%) | $1,386,910 (-87.31%) |
Net Cash Flow - Business Acquisitions and Disposals | $0 (0%) | $0 (0%) | -$18,284,866 (-631.39%) | -$2,500,000 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $715,038 (102.40%) | -$29,797,565 (-11772.58%) | -$250,978 (28.29%) | -$350,000 (0%) |
Capital Expenditure | -$659,062 (-168.34%) | $964,319 (-90.72%) | $10,393,220 (438.66%) | -$3,068,943 (-834.45%) |
Issuance (Repayment) of Debt Securities | $146,472,243 (291.77%) | $37,387,162 (60373.54%) | $61,824 (-99.27%) | $8,483,660 (-26.42%) |
Issuance (Purchase) of Equity Shares | $156,900 (0%) | $0 (0%) | -$93,435 (-103.50%) | $2,667,928 (0%) |
Payment of Dividends & Other Cash Distributions | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $3,725,484 (147.33%) | $1,506,292 (-13.54%) | $1,742,145 (59.30%) | $1,093,603 (375.38%) |
Depreciation Amortization & Accretion | $3,559,599 (382.60%) | $737,592 (-39.09%) | $1,210,895 (-38.47%) | $1,968,066 (6.08%) |
AREC Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | -568.70% (-3942.57%) | 14.80% (-58.31%) | 35.50% (532.93%) | -8.20% (97.85%) |
Profit Margin | -10465.90% (-15201.02%) | -68.40% (-1748.65%) | -3.70% (99.12%) | -419.10% (56.70%) |
EBITDA Margin | -7444.00% (-13192.86%) | -56.00% (-1966.67%) | 3.00% (100.88%) | -340.10% (28.17%) |
Return on Average Equity (ROAE) | 82.50% (159.44%) | -138.80% (-523.17%) | 32.80% (-99.34%) | 4970.40% (14871.08%) |
Return on Average Assets (ROAA) | -19.40% (-45.86%) | -13.30% (-291.18%) | -3.40% (95.01%) | -68.10% (-118.97%) |
Return on Sales (ROS) | -8372.80% (-13762.25%) | -60.40% (0%) | 0% (0%) | -365.50% (43.64%) |
Return on Invested Capital (ROIC) | -14.40% (-24.14%) | -11.60% (-11500.00%) | -0.10% (99.90%) | -103.60% (-402.91%) |
Dividend Yield | 0% (0%) | 0% (0%) | 0% (0%) | 0% (0%) |
Price to Earnings Ratio (P/E) | -1.94 (80.45%) | -9.93 (84.95%) | -66 (-2063.23%) | -3.05 (45.23%) |
Price to Sales Ratio (P/S) | 203.52 (2932.17%) | 6.71 (202.61%) | 2.22 (-82.69%) | 12.82 (-76.28%) |
Price to Book Ratio (P/B) | -0.99 (-100.19%) | 520.99 (263.55%) | -318.54 (-572.37%) | -47.38 (-1265.30%) |
Debt to Equity Ratio (D/E) | -3.64 (-100.89%) | 408.87 (309.24%) | -195.41 (-915.58%) | -19.24 (-558.94%) |
Earnings Per Share (EPS) | -0.52 (-246.67%) | -0.15 (-650.00%) | -0.02 (96.61%) | -0.59 (-68.57%) |
Sales Per Share (SPS) | 0.01 (-97.75%) | 0.22 (-62.69%) | 0.59 (325.00%) | 0.14 (288.89%) |
Free Cash Flow Per Share (FCFPS) | -0.3 (-64.44%) | -0.18 (-172.58%) | 0.25 (142.61%) | -0.58 (-27.35%) |
Book Value Per Share (BVPS) | -1.02 (-34100.00%) | 0 (175.00%) | -0 (90.48%) | -0.04 (93.83%) |
Tangible Assets Book Value Per Share (TABVPS) | 2.65 (118.34%) | 1.22 (44.25%) | 0.84 (8.63%) | 0.78 (-40.67%) |
Enterprise Value Over EBIT (EV/EBIT) | -5 (61.54%) | -13 (99.76%) | -5,331 (-133175.00%) | -4 (73.33%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -5.13 (62.70%) | -13.76 (-115.76%) | 87.34 (2118.93%) | -4.33 (78.75%) |
Asset Turnover | 0 (-98.97%) | 0.2 (-79.08%) | 0.93 (475.31%) | 0.16 (406.25%) |
Current Ratio | 0.13 (-93.06%) | 1.93 (392.60%) | 0.39 (-57.62%) | 0.93 (72.57%) |
Dividends | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Free Cash Flow (FCF) | -$22,884,414 (-68.88%) | -$13,550,922 (-182.29%) | $16,468,215 (151.21%) | -$32,161,136 (-139.48%) |
Enterprise Value (EV) | $146,430,384 (13.43%) | $129,094,834 (24.07%) | $104,053,676 (-8.81%) | $114,105,976 (11.71%) |
Earnings Before Tax (EBT) | -$40,108,926 (-250.14%) | -$11,455,086 (-692.37%) | -$1,445,672 (95.55%) | -$32,504,323 (-216.94%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$28,527,868 (-204.12%) | -$9,380,497 (-887.37%) | $1,191,376 (104.52%) | -$26,376,444 (-425.72%) |
Invested Capital | $198,075,304 (62.30%) | $122,043,035 (197.80%) | $40,982,167 (39.05%) | $29,473,820 (-20.15%) |
Working Capital | -$73,477,808 (-536.98%) | $16,814,931 (200.84%) | -$16,674,181 (-1247.67%) | -$1,237,263 (87.27%) |
Tangible Asset Value | $205,013,999 (123.46%) | $91,746,164 (64.08%) | $55,916,349 (30.42%) | $42,872,702 (11.60%) |
Market Capitalization | $78,195,468 (-32.95%) | $116,619,824 (28.59%) | $90,688,256 (-18.38%) | $111,116,504 (60.05%) |
Average Equity | -$48,623,564 (-689.32%) | $8,250,846 (287.37%) | -$4,403,566 (-573.37%) | -$653,960 (97.88%) |
Average Assets | $207,057,004 (140.59%) | $86,060,535 (103.13%) | $42,366,700 (-11.25%) | $47,737,037 (44.56%) |
Invested Capital Average | $223,447,802 (156.55%) | $87,097,010 (163.99%) | $32,992,223 (20.57%) | $27,364,631 (-17.83%) |
Shares | 77,421,255 (-1.08%) | 78,268,338 (13.92%) | 68,703,224 (11.29%) | 61,731,391 (73.39%) |
