American Resources Corporation engages in the extraction, processing, transportation, distribution, and sale of metallurgical coal to the steel industries. The company supplies raw materials; and sells coal used in pulverized coal injections. It has a portfolio of operations located in the Pike, Knott, and Letcher Counties in Kentucky; and Wyoming County, West Virginia. American Resources Corporation was founded in 2006 and is headquartered in Fishers, Indiana.
Revenue of American Resources Corporation (AREC)
Revenue in 2023 (TTM): $16.74 M
According to American Resources Corporation's latest financial reports the company's current revenue (TTM) is $16.74 M. The revenue is the total amount of income that a company generates by the sale of goods or services. Unlike with the earnings no expenses are subtracted.
Revenue history of American Resources Corporation
Annual Revenue
| Year | Revenue | Gross Profit | Ebitda | Income Before Tax | Net Income |
|---|---|---|---|---|---|
| 2023 | $16.74 M | $2.48 M | $-7,210,803 | $-11,455,086 | $-11,455,086 |
| 2022 | $39.47 M | $14 M | $4.72 M | $-1,445,672 | $22.53 M |
| 2021 | $7.76 M | $-639,795 | $-24,012,820 | $-32,394,323 | $-36,329,779 |
| 2020 | $1.06 M | $-4,047,577 | $-2,023,393 | $-10,255,762 | $-16,132,831 |
| 2019 | $24.48 M | $-5,831,282 | $-59,954,174 | $-70,918,302 | $-83,602,158 |
| 2018 | $31.52 M | $3.36 M | $-6,491,040 | $-12,757,312 | $-12,908,576 |
| 2017 | $20.82 M | $-497,582 | $-10,431,924 | $-14,025,466 | $-14,368,565 |
| 2016 | $147.28 K | $66.36 K | $-680,660 | $-719,163 | $-717,673 |
| 2015 | $62.43 K | $2.21 K | $-374,719 | $-444,455 | $-424,559 |
| 2014 | $ | $ | $-80,973 | $-88,930 | $-88,930 |