Amarc Res Financials
This page shows Amarc Res (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).
Tiny equity makes modest earnings swings flip the balance sheet between barely positive and negative capital.
FY2021's$1.36M profit only lifted equity to$27K , and FY2022's-$364K loss pushed it back to-$628K . That pattern says book value is so thin that reported earnings change the capital structure faster than they build lasting balance-sheet strength.
With shares outstanding rising from 175.6M to 186.6M across FY2020-FY2022 while equity stayed near or below zero, per-share claims remain heavily diluted; without revenue, cash-flow, or asset data, the filings show a company whose reported value is driven more by capital position than operating scale.
Some figures from recent filings were inconsistent and were omitted from this summary.
Financial Health Signals
Amarc Res 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 Res 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.
| Metric | FY22 | FY21 | FY20 |
|---|---|---|---|
| Net Income | -$364K-126.7% | $1.4M+208.5% | -$1.3M |
Not reported in any period shown, so not listed: Revenue, Cost of Revenue, Gross Profit, R&D Expenses, SG&A Expenses, Operating Income, Interest Expense, Income Tax, EPS (Diluted).
AXREF Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type.
| Metric | FY22 | FY21 | FY20 |
|---|---|---|---|
| Total Equity | -$628K-2433.0% | $27K+102.8% | -$975K |
Not reported in any period shown, so not listed: Total Assets, Current Assets, Cash & Equivalents, Inventory, Accounts Receivable, Goodwill, Total Liabilities, Current Liabilities, Long-Term Debt, Retained Earnings.
AXREF Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples.
| Metric | FY22 | FY21 | FY20 |
|---|---|---|---|
| Return on Equity | N/A | 5051.6% | N/A |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Net Margin, Return on Assets, Current Ratio, Debt-to-Equity, 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.
Similar Companies
Where Amarc Res Ranks
Frequently Asked Questions
Is Amarc Res profitable?
No, Amarc Res (AXREF) reported a net income of -$364K in fiscal year 2022.
Why is Amarc Res's debt-to-equity ratio negative or not reported?
Amarc Res (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.