American Resources Corp (AREC): Highlights? “For the fourth quarter...

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American Resources Corp (AREC)

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Thursday, 03/30/2023 11:52:25 PM

Thursday, March 30, 2023 11:52:25 PM

Highlights?

“For the fourth quarter of 2022, American Resources reported net income of $9.5 million, or $0.14 per share, as compared with a net income loss of $10.4 million, or a loss of $0.17 per share, in the prior year period. The Company earned adjusted EBITDA of $11.4 million in the fourth quarter of 2022, as compared with an adjusted EBITDA loss of $6.8 million for the fourth quarter of 2021.”

400% increase in revenue composed to last 4th Q.

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