# American Resources Corporation (AREC) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | $95M |
| 2024 | -$79M |
| 2023 | -$44M |
| 2022 | -$20M |
| 2021 | -$2M |
| 2020 | -$20M |
| 2019 | -$33M |
| 2018 | -$9M |
| 2017 | -$37M |
| 2016 | -$26M |
| 2016 | -$71,527 |
| 2015 | $1M |

Source: [MarketCapTrends](https://marketcaptrends.com/company/AREC/shareholders-equity)