# American Resources Corporation (AREC) — Operating Income

## Annual Operating Income (USD)

| Year | Operating Income |
| --- | --- |
| 2025 | -$11M |
| 2024 | -$14M |
| 2023 | -$36M |
| 2022 | -$19M |
| 2021 | -$28M |
| 2020 | -$16M |
| 2019 | -$60M |
| 2018 | -$11M |
| 2017 | -$13M |
| 2016 | -$22M |
| 2016 | -$754,906 |
| 2015 | -$401,985 |

## Quarterly Operating Income (USD)

| Quarter | Operating Income |
| --- | --- |
| 2025-09-30 | -$4M |
| 2025-03-31 | -$5M |
| 2024-09-30 | -$9M |
| 2024-06-30 | -$6M |
| 2024-03-31 | -$7M |
| 2023-09-30 | $1M |
| 2023-06-30 | -$7M |
| 2023-03-31 | -$3M |
| 2022-09-30 | -$5M |
| 2022-06-30 | -$4M |
| 2022-03-31 | -$4M |
| 2021-09-30 | -$8M |
| 2021-06-30 | -$6M |
| 2021-03-31 | -$6M |
| 2020-09-30 | -$2M |
| 2020-06-30 | -$3M |
| 2020-03-31 | -$4M |
| 2019-09-30 | -$7M |
| 2019-06-30 | -$3M |
| 2019-03-31 | -$10M |
| 2018-09-30 | -$4M |
| 2018-06-30 | -$2M |
| 2018-03-31 | -$2M |
| 2017-09-30 | -$2M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/AREC/operating-income)