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American Resources Corporation

AREC•NASDAQ
Energy
Coal
$1.26
$-0.04(-3.08%)
empty-state-iconFinancials data is not available for this stockFinancials details for this stock are currently unavailable. We're actively monitoring for updates and will publish them as soon as they’re released. Please check back again shortly.

The company's financials show resilient growth, with revenue advancing from $66404.00 in Q4 2023 to $235443.00 in Q3 2024. Gross profit remained healthy with margins at -1030% in Q3 2024 compared to -8790% in Q4 2023. Operating income hit -$8.26M last quarter, sustaining a consistent -3508% margin. Changes in R&D and SG&A spending did not hinder EBITDA, which stood at -$7.09M. Net income dropped to -$9.21M, while earnings per share reached -$0.12. Strong cost management and operational efficiency kept profitability intact, underlining the company's stable and competitive market performance.

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