AREC - NASDAQ
American Resources Corporation
$2.38
-3.3%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.
At a Glance
Live SnapshotAmerican Resources Corporation Cash Conversion Engine
Cash Flow Quality Analysis
FCF Conversion Rate
Negative free cash flow despite positive earnings raises concerns about cash generation ability or heavy capital requirements.
CapEx Intensity
Asset-light business model. Low capital requirements leave more cash available for shareholders and growth investments.
FCF Growth Trend
Strong FCF growth demonstrates improving cash generation and business momentum. Positive signal for sustainability.
Working Capital Impact
Moderate working capital outflow. Typical for growing businesses, but ensure it's supporting revenue growth, not inefficiency.
Cash Flow Quality Insight
Cash flow concerns: Despite profitability, the company is burning cash. Review working capital management, CapEx levels, and sustainability of current operations.
American Resources Corporation Cash Flow Statement
AREC • NASDAQ
| American Resources Corporation Cash Flow Statement | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 | Dec 2019 | Dec 2018 | Dec 2017 | Sep 2016 | Sep 2015 | Sep 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
OPERATING ACTIVITIES | ||||||||||||
55.4M | -40.2M | -38.3M | -1.4M | -32.3M | -10.3M | -70.9M | -12.8M | -14M | -643.4K | -444.5K | -88.9K | |
122.9K | 5.1M | 3.5M | 3.5M | 3.2M | 2.8M | 6.2M | 2.9M | 2.6M | 38.5K | 30.2K | 0.0 | |
0.0 | 0.0 | 0.0 | 0.0 | 397K | 1.2M | 32.6M | 0.0 | -137.4K | 335.3K | -260.3K | 0.0 | |
9.2M | 3.7M | 3.3M | 0.0 | 1.1M | 230.1K | 377.3K | 782.2K | 50K | 53.2K | 242.7K | 0.0 | |
-75.5M | 1.6M | 105.1K | -4.4M | 1.3M | -4.2M | 10.7M | 1.1M | 2.3M | 50K | 299.9K | 4K | |
-7M | 7.6M | 11.2M | 4.8M | -2.8M | -3.6M | 1.8M | 4.6M | 3.6M | 65.9K | 44.4K | 3K | |
-17.8M | -22.2M | -20.1M | 2.5M | -29.1M | -13.8M | -19.2M | -3.4M | -5.6M | -100.4K | -87.6K | -82K | |
INVESTING ACTIVITIES | ||||||||||||
-37.3K | -1.1M | -3.6M | (16.9M) | -3.1M | (417.9K) | -327.3K | -133.4K | -173.4K | -3K | -5K | (0.0) | |
(0.0) | (400K) | (0.0) | -18.3M | -2.5M | (0.0) | (650K) | (0.0) | (0.0) | (3K) | (33.3K) | (0.0) | |
-34.3M | (0.0) | -4.5M | (0.0) | -2.9M | (0.0) | (0.0) | (0.0) | (0.0) | -39.9K | -207.5K | -80K | |
0.0 | 715K | 641.6K | 0.0 | 2.9M | 0.0 | 0.0 | 0.0 | 65.6K | 79.9K | 5K | 0.0 | |
-8.8M | 0.0 | 1.8M | 251K | -350K | 0.0 | 0.0 | 122.7K | 555.2K | -3K | -5K | 0.0 | |
-43.2M | (56K) | -5.6M | -1.1M | -5.9M | (417.9K) | (322.8K) | -10.6K | (381.8K) | (36.9K) | -179.1K | -80K | |
FINANCING ACTIVITIES | ||||||||||||
75.6M | 189.2K | 0.0 | -93.4K | 23.6M | 12.8M | 7.8M | 0.0 | 600K | 0.0 | 146.2K | 196.3K | |
5.6M | 146.5M | 486.6K | -922.4K | 8.5M | 13.3M | 7.2M | 6.1M | 4M | -18.6K | -5.1K | 0.0 | |
-559.5K | -1.4M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -2.7K | -333.0 | (0.0) | |
(0.0) | (0.0) | (0.0) | -93.4K | -5.6M | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | -15.0 | (0.0) | |
14M | 1.4M | 45.1M | 0.0 | 4.3M | -1.8M | 1.5M | -477.1K | 17K | -311.2K | 487.9K | 0.0 | |
94.7M | 146.7M | 45.6M | -1M | 36.4M | 24.4M | 16.4M | 5.7M | 4.7M | -332.5K | 628.7K | 196.3K | |
CASH FLOW SUMMARY | ||||||||||||
-2.3M | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | |
31.5M | 124.5M | 19.9M | 407.6K | 1.4M | 10.9M | -2.4M | 2.3M | -597.8K | -396K | 362K | 34.4K | |
4.1M | 30.9M | 11M | 12.6M | 11.2M | 268.8K | 2.7M | 385.7K | 784.5K | 444.8K | 82.8K | 0.0 | |
37.9M | 155.4M | 30.9M | 13M | 12.6M | 11.2M | 268.8K | 2.7M | 186.7K | 48.8K | 444.8K | 34.4K | |
-17.8M | -23.3M | -23.7M | 2.5M | -32.2M | -13.8M | -19.5M | -3.5M | -5.8M | -103.4K | -92.6K | -82K |
SEC Filings
AREC - Filing history and reports
| Filing Type | Filing Date | Period Ending | Fiscal Year | Actions |
|---|---|---|---|---|
10-K 10-K 2025 FY FY | May 20, 2026 | December 31, 2025 | 2025 | |
8-K 8-K 2026 N/A | April 30, 2026 | April 24, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 17, 2026 | April 17, 2026 | 2026 | |
8-K 8-K 2026 N/A | April 16, 2026 | April 15, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 13, 2026 | March 12, 2026 | 2026 | |
8-K 8-K 2026 N/A | March 12, 2026 | March 12, 2026 | 2026 | |
DEF 14A DEF 14A 2026 N/A | March 09, 2026 | March 06, 2026 | 2026 | |
8-K 8-K 2026 N/A | January 16, 2026 | January 13, 2026 | 2026 | |
8-K 8-K 2025 N/A | November 21, 2025 | November 21, 2025 | 2025 | |
10-Q/A 10-Q/A 2025 Q3 (Amended) Q3 | November 17, 2025 | September 30, 2025 | 2025 |
Related Guides
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Snapshot
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Statements
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Earnings Call
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Dividends
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Analyst Expectations
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