# Arena Group Holdings Inc. (AREN) — Shareholder Equity

## Annual Shareholder Equity (USD)

| Year | Shareholder Equity |
| --- | --- |
| 2025 | -$5M |
| 2024 | -$130M |
| 2023 | -$59M |
| 2022 | -$52M |
| 2021 | -$52M |
| 2020 | -$20M |
| 2019 | -$37M |
| 2018 | -$11M |
| 2017 | $3M |

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