AMARC RESOURCE LTD (AXREF) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 16, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-K for FY2022, filed Aug 15, 2022. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AXREF SEC filings page.
This page shows AMARC RESOURCE LTD (AXREF) financial statements, including the income statement, balance sheet, cash flow statement, and key financial ratios. View 3 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The available statements show intermittent earnings and negative equity, with no reported revenue or cash-flow measures demonstrating operating self-funding.
A profit reversal took net income from$1.4M in FY2021 to a net loss of$364K in FY2022. Equity then stood at-$628K , indicating the profitable year did not establish a durable earnings base.
The share count was higher in FY2022 than FY2020, reaching 186.6M shares; alongside negative equity, that pattern is consistent with reliance on shareholder funding rather than demonstrated operating cash generation.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
AMARC RESOURCE LTD does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The metrics below are current.
Key Financial Metrics
Earnings & Revenue
AMARC RESOURCE LTD reported -$364K in net income in fiscal year 2022. This represents a decrease of 126.7% from the prior year.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Cash & Balance Sheet
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Not reported for fiscal year 2022.
Margins & Returns
None of these metrics is reported for fiscal year 2022.
Capital Allocation
None of these metrics is reported for fiscal year 2022.
AXREF Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, EBITDA, Interest Expense, Income Tax, EPS (Basic), EPS (Diluted), Diluted Shares (Avg).
AXREF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Total Assets, Current Assets, Cash & Equivalents, Short-Term Investments, Inventory, Accounts Receivable, Long-Term Investments, Goodwill, Total Liabilities, Current Liabilities, Non-Current Liabilities, Long-Term Debt, Retained Earnings.
AXREF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Assets, Current Ratio, Debt-to-Equity, Asset Turnover, FCF Margin.
Note: Shareholder equity is negative (-$628K), which causes debt-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Where AMARC RESOURCE LTD Ranks
Frequently Asked Questions
Is AMARC RESOURCE LTD profitable?
No, AMARC RESOURCE LTD (AXREF) reported a net income of -$364K in fiscal year 2022.
What is AMARC RESOURCE LTD's P/E ratio?
AMARC RESOURCE LTD (AXREF) has no price-to-earnings ratio at the moment: net loss, so no earnings multiple (FY2022). The market capitalization is $169.2M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is AMARC RESOURCE LTD's price-to-sales ratio?
AMARC RESOURCE LTD (AXREF) has no price-to-sales ratio at the moment: no revenue reported. The market capitalization is $169.2M as of Oct 16, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
Why is AMARC RESOURCE LTD's debt-to-equity ratio negative or not reported?
AMARC RESOURCE LTD (AXREF) has negative shareholder equity of -$628K as of fiscal year 2022, so no debt-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.