State Ledger
Company profile

American Resources Corp CIK 1590715

Ticker
AREC (Nasdaq)
Industry
Silver Ores
Headquarters
Fishers, IN 46038
Fiscal year end
2025 (FY)
Market Data
Close
$1.33
Change
-$0.18
Change %
-11.96%
Volume
124,804

AREC · trading date Oct 13, 2026 · previous close $1.51 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
$0
Net income
$55.39M
Total assets
$168.91M
Total liabilities
$75.72M
Stockholders' equity
$94.78M
Cash & equivalents
$31.70M
Operating income
-$11.31M
Operating cash flow
-$10.41M
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-05-20. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
44.8%
Equity / assets
56.1%
CapEx / revenue
—
Operating cash flow / net income
-0.19×

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 $0 $55.39M $168.91M $75.72M $94.78M
2024 $34.1K -$39.20M $281.65M $362.57M -$79.36M
2023 $11.82M -$38.53M $64.73M $109.73M -$43.53M
2022 $39.47M -$1.45M $55.92M $55.63M -$19.93M
2021 $7.76M -$32.50M $42.87M $45.13M -$2.35M
Company Details
SIC code
1220
State of incorporation
FL
Active filer
Yes
Most recent SEC filing
Form 8-K
2026-08-26
Financials filed via
Form 10-K
filed 2026-05-20

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
Fishers, IN 46038
12115 VISIONARY WAY, SUITE 174
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:31 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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