American Resources Past Earnings Performance
Past criteria checks 0/6
American Resources has been growing earnings at an average annual rate of 35.4%, while the Oil and Gas industry saw earnings growing at 40.4% annually. Revenues have been growing at an average rate of 3.8% per year.
Key information
35.4%
Earnings growth rate
59.9%
EPS growth rate
| Oil and Gas Industry Growth | 33.7% |
| Revenue growth rate | 3.8% |
| Return on equity | n/a |
| Net Margin | -4,853.5% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
American Resources Is Misunderstood And Has An Enormous Upside
Feb 14Would American Resources (NASDAQ:AREC) Be Better Off With Less Debt?
Feb 06
Does American Resources (NASDAQ:AREC) Have A Healthy Balance Sheet?
Sep 27With American Resources Corporation (NASDAQ:AREC) It Looks Like You'll Get What You Pay For
Jun 08Here's Why American Resources (NASDAQ:AREC) Can Afford Some Debt
Apr 03American Resources rallies on $10M share repurchase program
Aug 29American Resources GAAP EPS of -$0.04 beats by $0.01, revenue of $16.2M misses by $2.8M
Aug 15American Resources cheers significant estimated Y/Y growth in Q2 revenue
Jul 19American Resources' reELEMENT secures working capital facility
Jul 01Is American Resources (NASDAQ:AREC) A Risky Investment?
Jan 13Is American Resources (NASDAQ:AREC) A Risky Investment?
Sep 24American Resources to join Russell Microcap Index
Jun 14American Resources reaches 99.5% neodymium purity from waste magnets
Jun 07Here's What American Resources Corporation's (NASDAQ:AREC) Shareholder Ownership Structure Looks Like
Mar 10American Resources' (NASDAQ:AREC) Wonderful 491% Share Price Increase Shows How Capitalism Can Build Wealth
Feb 03
American Resources stock soars on licensing patents in rare earth elements push
Feb 02American Resources secures base load sales commitments for infrastructure raw materials
Jan 06When Will American Resources Corporation (NASDAQ:AREC) Turn A Profit?
Dec 24American Resources rallies on subsidiary entering into JV
Nov 24Revenue & Expenses Breakdown
How American Resources makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 0 | -19 | 12 | 4 |
| 30 Jun 24 | 6 | -14 | 11 | 6 |
| 31 Mar 24 | 8 | -15 | 9 | 9 |
| 31 Dec 23 | 17 | -11 | 8 | 12 |
| 30 Sep 23 | 21 | -5 | 7 | 17 |
| 30 Jun 23 | 25 | -7 | 6 | 19 |
| 31 Mar 23 | 39 | -2 | 5 | 27 |
| 31 Dec 22 | 39 | -1 | 5 | 28 |
| 30 Sep 22 | 39 | -21 | 5 | 30 |
| 30 Jun 22 | 33 | -25 | 5 | 32 |
| 31 Mar 22 | 17 | -29 | 5 | 23 |
| 31 Dec 21 | 8 | -33 | 5 | 18 |
| 30 Sep 21 | 3 | -30 | 5 | 13 |
| 30 Jun 21 | 1 | -21 | 4 | 8 |
| 31 Mar 21 | 1 | -13 | 4 | 6 |
| 31 Dec 20 | 1 | -10 | 4 | 4 |
| 30 Sep 20 | 7 | -42 | 5 | 3 |
| 30 Jun 20 | 9 | -49 | 7 | 3 |
| 31 Mar 20 | 18 | -60 | 7 | 6 |
| 31 Dec 19 | 24 | -71 | 12 | 7 |
| 30 Sep 19 | 26 | -36 | 12 | 6 |
| 30 Jun 19 | 34 | -32 | 13 | 5 |
| 31 Mar 19 | 31 | -25 | 12 | 4 |
| 31 Dec 18 | 32 | -13 | 8 | 4 |
| 30 Sep 18 | 29 | -12 | 6 | 6 |
| 30 Jun 18 | 24 | -10 | 2 | 7 |
| 31 Mar 18 | 22 | -13 | 2 | 7 |
| 31 Dec 17 | 21 | -13 | 2 | 7 |
| 30 Sep 17 | 21 | -10 | 1 | 4 |
| 30 Jun 17 | 18 | -12 | 1 | 4 |
| 31 Mar 17 | 13 | -17 | 7 | 2 |
| 31 Dec 16 | 8 | -22 | 13 | 2 |
Quality Earnings: AREC is currently unprofitable.
Growing Profit Margin: AREC is currently unprofitable.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: AREC is unprofitable, but has reduced losses over the past 5 years at a rate of 35.4% per year.
Accelerating Growth: Unable to compare AREC's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: AREC is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-14.6%).
Return on Equity
High ROE: AREC's liabilities exceed its assets, so it is difficult to calculate its Return on Equity.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/01/02 14:20 |
| End of Day Share Price | 2025/01/02 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
|
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
| |
| Management | 10 years |
| |
| Key Developments | 10 years |
|
* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
American Resources Corporation is covered by 3 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Timothy Moore | D. Boral Capital LLC. |
| Jesse Sobelson | D. Boral Capital LLC. |
| Richard Niehuser | Roth MKM |