Tearsheet

American Rebel (AREB)


Market Price (12/26/2025): $0.868 | Market Cap: $0.1 Mil
Sector: Consumer Discretionary | Industry: Footwear

American Rebel (AREB)


Market Price (12/26/2025): $0.868
Market Cap: $0.1 Mil
Sector: Consumer Discretionary
Industry: Footwear

Investment Highlights Why It Matters Detailed financial logic regarding cash flow yields vs trend-riding momentum.


0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -97%
Weak multi-year price returns
2Y Excs Rtn is -147%, 3Y Excs Rtn is -182%
Penny stock
Mkt Price is 0.9
1 Megatrend and thematic drivers
Megatrends include Personal & Home Security. Themes include Physical Security Solutions, and Home Defense & Preparedness.
  Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -16 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -175%
2   Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 15536%
3   Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -37%, Rev Chg QQuarterly Revenue Change % is -20%
4   Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -76%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -103%
5   Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25907%
6   High stock price volatility
Vol 12M is 572%
7   Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 120%
8   Key risks
AREB key risks include [1] significant financial distress and a high risk of bankruptcy, Show more.
0 Valuation becoming less expensive
P/S 6M Chg %Price/Sales change over 6 months. Declining P/S indicates valuation has become less expensive. is -97%
1 Megatrend and thematic drivers
Megatrends include Personal & Home Security. Themes include Physical Security Solutions, and Home Defense & Preparedness.
2 Weak multi-year price returns
2Y Excs Rtn is -147%, 3Y Excs Rtn is -182%
3 Penny stock
Mkt Price is 0.9
4 Not profitable at operating income level
Op Inc LTMOperating Income, Last Twelve Months is -16 Mil, Op Mgn LTMOperating Margin = Operating Income / Revenue Reflects profitability before taxes and before impact of capital structure (interest payments). is -175%
5 Debt is significant
Net D/ENet Debt/Equity. Debt net of cash. Negative indicates net cash. Equity is taken as the Market Capitalization is 15536%
6 Weak revenue growth
Rev Chg LTMRevenue Change % Last Twelve Months (LTM) is -37%, Rev Chg QQuarterly Revenue Change % is -20%
7 Not cash flow generative
CFO/Rev LTMCash Flow from Operations / Revenue (Sales), Last Twelve Months (LTM) is -76%, FCF/Rev LTMFree Cash Flow / Revenue (Sales), Last Twelve Months (LTM) is -103%
8 Yield minus risk free rate is negative
ERPEquity Risk Premium (ERP) = Total Yield - Risk Free Rate, Reflects the premium above risk free assets offered by the investment. is -25907%
9 High stock price volatility
Vol 12M is 572%
10 Significant short interest
Short Interest % of Basic SharesShort Interest % of Basic Shares = (Short Interest Quantity) / (Basic Shares Outstanding). A high fraction of short interest can indicate potential risk of a short squeeze. is 120%
11 Key risks
AREB key risks include [1] significant financial distress and a high risk of bankruptcy, Show more.

Valuation, Metrics & Events

AREB Stock


Why The Stock Moved


Qualitative Assessment

AI Analysis | Feedback

Here are five key points explaining the approximate -94.7% movement in American Rebel (AREB) stock during the approximate time period from August 31, 2025, to December 26, 2025: 1. Multiple Reverse Stock Splits and Associated Immediate Drops. American Rebel implemented multiple reverse stock splits, including a 1-for-25 split effective March 31, 2025, and a 1-for-20 reverse split effective October 3, 2025. These actions, often taken to increase share price and maintain Nasdaq's minimum bid requirement, frequently led to significant immediate stock price plunges and exacerbated negative investor sentiment; for instance, the October 3, 2025, split was followed by a 39.64% drop in the stock.

2. Persistent Nasdaq Delisting Risks and Non-Compliance. The company faced ongoing challenges in meeting Nasdaq's listing requirements, including the minimum bid price and stockholders' equity rules. American Rebel received notifications of non-compliance and was granted conditional extensions from the Nasdaq Hearings Panel, with deadlines to demonstrate compliance, indicating a precarious listing status. This uncertainty weighed heavily on investor confidence.

Show more

Stock Movement Drivers

Fundamental Drivers

The -95.8% change in AREB stock from 9/25/2025 to 12/25/2025 was primarily driven by a -95.8% change in the company's P/S Multiple.
925202512252025Change
Stock Price ($)20.600.87-95.78%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)9.479.01-4.86%
P/S Multiple0.370.02-95.79%
Shares Outstanding (Mil)0.170.165.14%
Cumulative Contribution-95.79%

LTM = Last Twelve Months as of date shown

Market Drivers

9/25/2025 to 12/25/2025
ReturnCorrelation
AREB-95.8% 
Market (SPY)4.9%6.4%
Sector (XLY)3.8%8.9%

Fundamental Drivers

The -96.9% change in AREB stock from 6/26/2025 to 12/25/2025 was primarily driven by a -1394.5% change in the company's Shares Outstanding (Mil).
626202512252025Change
Stock Price ($)28.400.87-96.94%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)9.899.01-8.83%
P/S Multiple0.030.02-49.78%
Shares Outstanding (Mil)0.010.16-1394.47%
Cumulative Contribution-692.62%

LTM = Last Twelve Months as of date shown

Market Drivers

6/26/2025 to 12/25/2025
ReturnCorrelation
AREB-96.9% 
Market (SPY)13.1%4.0%
Sector (XLY)14.2%5.1%

Fundamental Drivers

The -99.9% change in AREB stock from 12/25/2024 to 12/25/2025 was primarily driven by a -12243.6% change in the company's Shares Outstanding (Mil).
1225202412252025Change
Stock Price ($)865.000.87-99.90%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)15.229.01-40.79%
P/S Multiple0.070.02-79.03%
Shares Outstanding (Mil)0.000.16-12243.64%
Cumulative Contribution-1607.63%

LTM = Last Twelve Months as of date shown

Market Drivers

12/25/2024 to 12/25/2025
ReturnCorrelation
AREB-99.9% 
Market (SPY)15.8%-18.6%
Sector (XLY)5.3%-6.0%

Fundamental Drivers

The -100.0% change in AREB stock from 12/26/2022 to 12/25/2025 was primarily driven by a -214844.0% change in the company's Shares Outstanding (Mil).
1226202212252025Change
Stock Price ($)20812.500.87-100.00%
Change Contribution ByLTMLTM
Total Revenues ($ Mil)4.739.0190.42%
P/S Multiple0.330.02-95.28%
Shares Outstanding (Mil)0.000.16-214844.00%
Cumulative Contribution-19394.85%

LTM = Last Twelve Months as of date shown

Market Drivers

12/26/2023 to 12/25/2025
ReturnCorrelation
AREB-99.9% 
Market (SPY)48.3%-12.7%
Sector (XLY)38.1%-2.4%

Return vs. Risk


Price Returns Compared

 202020212022202320242025Total [1]
Returns
AREB Return-56%0%54%-94%-35%-100%-100%
Peers Return�19%-43%2%-6%-6%�
S&P 500 Return16%27%-19%24%23%18%115%

Monthly Win Rates [3]
AREB Win Rate8%0%25%17%42%17% 
Peers Win Rate60%52%37%43%38%52% 
S&P 500 Win Rate58%75%42%67%75%73% 

Max Drawdowns [4]
AREB Max Drawdown-58%0%0%-94%-41%-100% 
Peers Max Drawdown�-7%-52%-22%-27%-32% 
S&P 500 Max Drawdown-31%-1%-25%-1%-2%-15% 


[1] Cumulative total returns since the beginning of 2020
[2] Peers: SWBI, RGR, AOUT, CLAR, JOUT.
[3] Win Rate = % of calendar months in which monthly returns were positive
[4] Max drawdown represents maximum peak-to-trough decline within a year
[5] 2025 data is for the year up to 12/24/2025 (YTD)

How Low Can It Go

Unique KeyEventAREBS&P 500
2022 Inflation Shock2022 Inflation Shock  
2022 Inflation Shock% Loss% Loss-99.6%-25.4%
2022 Inflation Shock% Gain to Breakeven% Gain to Breakeven27116.3%34.1%
2022 Inflation ShockTime to BreakevenTime to BreakevenNot Fully Recovered days464 days

Compare to WWW, WEYS, FOSL, FWDI, ONON

In The Past

American Rebel's stock fell -99.6% during the 2022 Inflation Shock from a high on 2/10/2022. A -99.6% loss requires a 27116.3% gain to breakeven.

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About American Rebel (AREB)

American Rebel Holdings, Inc. designs and markets branded safes, and personal security and self-defense products. The company offers home, office, and personal safes, as well as vault doors; concealed carry backpacks; and a range of concealed carry jackets, vests, coats, and T-shirts for men and women. It also provides accessories, such as back-over and back-under handgun hangers, ballistic shields, safe light kits, moisture guards, and rifle rod kits. The company markets its products through regional retailers; and specialty safe, sporting goods, hunting, and firearms stores, as well as online through own website and e-commerce platforms. American Rebel Holdings, Inc. was incorporated in 2014 and is based in Nashville, Kansas.

AI Analysis | Feedback

Here are 1-3 brief analogies to describe American Rebel (AREB):

  • The Yeti of gun safes.
  • Bass Pro Shops for home security and preparedness.

AI Analysis | Feedback

Here are the major products of American Rebel (AREB):
  • Safes: American Rebel designs and sells a variety of secure safes, including gun safes and home safes, for protecting firearms and valuables.
  • Concealed Carry Gear: The company offers a range of merchandise specifically designed for concealed carry, such as backpacks, jackets, and other apparel.
  • Lifestyle Apparel & Accessories: American Rebel also provides branded clothing, hats, and various accessories reflecting an American and patriotic lifestyle.

AI Analysis | Feedback

American Rebel (AREB) primarily sells its products to individual consumers, both directly through its e-commerce channels and indirectly through various retail partners. The company's public filings indicate that no single business-to-business customer accounts for more than 10% of its revenue, suggesting a diversified sales approach ultimately targeting the end-user.

Based on its product lines and brand identity, American Rebel serves the following primary categories of individual customers:

  • Firearm & Personal Defense Community: This category includes individuals who own firearms for purposes such as sport, hunting, self-defense, or collection. They are primary customers for American Rebel's gun safes, concealed carry apparel, and related personal defense accessories, prioritizing secure storage, accessibility, and discretion for their firearms and personal safety.
  • Security-Conscious Homeowners & Individuals: This group comprises customers primarily seeking robust storage solutions for valuables, important documents, and other sensitive items, which may or may not include firearms. They value protection against theft, fire, and unauthorized access within their homes or for their personal assets.
  • American Lifestyle & Patriotic Consumers: These individuals resonate with the American Rebel brand's identity, which often emphasizes themes of patriotism, freedom, and a rugged American spirit. They may purchase a range of products, including apparel and accessories, driven by brand loyalty and alignment with the company's values and imagery.

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Charles A. Ross, Jr. CEO, Executive Chairman, Secretary, and Treasurer

Charles A. Ross, Jr., also known as Andy Ross, is the CEO, Executive Chairman, Secretary, and Treasurer of American Rebel Holdings, Inc.. He founded American Rebel in 2014. Prior to American Rebel, he founded Digital Ally, Inc. in 2004. He also previously served as CEO of CubeScape, Inc.. Beyond his entrepreneurial ventures, Ross is a singer-songwriter, a TV host for shows like "Maximum Archery World Tour" and "American Rebel", an author, and a public speaker.

Douglas Edward Grau Interim Principal Financial Officer and Interim Principal Accounting Officer

Douglas Edward Grau serves as the Interim Principal Financial Officer and Interim Principal Accounting Officer for American Rebel Holdings, Inc.. He previously worked as an executive at Warner Bros. Records in Nashville for fifteen years, where he was involved in developing the talents of various artists. Grau holds a Bachelor's degree in Business Administration from Belmont University, which he earned in 1985. While he was noted to have stepped down from the President and Interim Principal Accounting Officer roles in July 2025 to become President of a new subsidiary, American Rebel Productions, LLC, more recent information from October 2025 lists him in these financial officer roles for the parent company.

Corey A. Lambrecht President and Chief Operating Officer

Corey A. Lambrecht serves as the President and Chief Operating Officer of American Rebel Holdings, Inc.. He is also noted as an entrepreneur. Effective July 1, 2025, Lambrecht assumed the additional role of President.

Todd Porter President of American Rebel Beverages, LLC

Todd Porter is the President of American Rebel Beverages, LLC, a subsidiary of American Rebel Holdings, Inc.. He joined the company in August 2024 and is a beverage industry veteran with over two decades of experience, encompassing retail, wholesale, and small business management. Porter previously served as the General Manager of Veterans United Craft Brewery and has a military background.

Nathan Findley President of American Rebel Safes

Nathan Findley is the President of American Rebel Safes, a significant division within American Rebel Holdings, Inc.. He provides specialized expertise and leadership to the company's secure storage solutions segment.

AI Analysis | Feedback

American Rebel (AREB) faces several significant risks to its business, primarily centered around its precarious financial health and operational sustainability.
  1. Significant Financial Distress and Risk of Bankruptcy: American Rebel has consistently reported substantial net losses, declining revenues, and negative operating and net margins. The company has a weak balance sheet with significant liabilities, a working capital deficit, and has been burning through cash. Its Altman Z-Score of -7.8 places it in the distress zone, indicating a high risk of bankruptcy. These ongoing financial challenges raise crucial concerns regarding its long-term viability and ability to achieve profitability.
  2. Nasdaq Listing Non-Compliance and Delisting Risk: The company has faced repeated issues with Nasdaq listing requirements, including delays in filing periodic reports and previously having low stockholders' equity. While a recent filing in November 2025 indicated compliance with the minimum stockholders' equity standard, the company's history of non-compliance, reliance on reverse stock splits, and overall financial instability pose an ongoing risk of delisting. Delisting could severely impact its ability to raise further financing and affect the liquidity and value of its stock.
  3. High Stock Volatility and Shareholder Dilution: AREB's stock has experienced extreme price and volume fluctuations and is considered highly volatile. Shareholders have also been substantially diluted in the past year. The company's need to raise additional equity and debt capital to fund operations, as well as the speculative nature of its warrants, contribute to the risk of further dilution and adverse effects on the stock's market price.

AI Analysis | Feedback

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AI Analysis | Feedback

American Rebel (AREB) operates in several distinct markets, offering products and services primarily in the United States. The addressable markets for their main offerings are as follows:

  • Safes (Gun Safes and Vault Doors): The gun safe market in the U.S. is estimated to be a $2 billion sector. The global vaults and vault doors market was valued at $735.3 million in 2023 and is projected to reach $1,484.14 million by 2033, growing at a CAGR of 7% from 2024 to 2033. North America held the largest share in the global vaults and vault doors market in 2023. Another estimate places the global vault door market at approximately $500 million in 2025, with a projection to reach $700 million by 2033.
  • Concealed Carry Apparel and Backpacks: The concealed carry market in the U.S. is an over $1 billion sector. American Rebel's concealed carry apparel also falls under the broader global outdoor clothing market, which was estimated to have an annual revenue of $11.8 billion and is expected to grow by $4.4 billion from 2021 to 2026.
  • Beer (American Rebel Light Beer): The U.S. beer sector is a significant market, valued at $110 billion.
  • Self-Defense Products (Stun Guns, Pepper Spray): Null
  • Security Consultation and Installation (Safe Rooms, Ballistic Panels): Null

AI Analysis | Feedback

Here are 3-5 expected drivers of future revenue growth for American Rebel (AREB) over the next 2-3 years:

  1. Expansion of American Rebel Light Beer: The company is actively expanding the market penetration of its American Rebel Light Beer. This includes launching in new states such as Mississippi with Clark Beverage Group, entering northeast Ohio, and securing distribution in prominent retailers like Kroger stores in Tennessee. The expansion through established networks like Miller/Coors and Anheuser-Busch distributors is also expected to meet soaring demand and drive revenue growth.
  2. Growth in Online Sales: American Rebel has experienced a significant surge in gross online sales, with reported increases of 1100% and 1000% due to heightened demand. Continuing to leverage and grow its e-commerce channel is a key driver for future revenue.
  3. New Security Product Launches and Dealer Interest: The strong dealer interest in Champion Safe's 2025 Triumph Series, featuring enhanced security and fire protection, indicates a potential for increased demand and revenue within American Rebel's security products segment.
  4. Expanded Retail Footprint for Security Products: American Rebel Holdings is strategically expanding its retail reach for security products, as evidenced by its growth with Balls Food Stores in Kansas City, building on prior success in Tennessee. This broader physical presence aims to capture more customers.
  5. Increased Brand Visibility and Marketing Initiatives: The company is investing in significant brand visibility efforts, including a nationwide advertising campaign for both its beer and security products, as well as title sponsorships for events like the NHRA 4-Wide Nationals. These initiatives, coupled with CEO appearances, are designed to boost brand awareness, consumer engagement, and ultimately, sales across its product lines.

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Share Issuance

  • American Rebel completed an underwritten public offering in February 2022, selling 2,530,121 units at $4.15 per unit, generating approximately $10.5 million in gross proceeds. Each unit included one share of common stock and one warrant to purchase one share of common stock.
  • In October 2025, American Rebel executed a 1-for-20 reverse stock split to comply with Nasdaq's minimum bid price requirement, reducing outstanding shares from approximately 11.3 million to an estimated 560,000-600,000 shares before adjustments.
  • A previous 1-for-25 reverse stock split was effective March 31, 2025, reducing outstanding shares from approximately 10.6 million to about 423,000 to improve marketability and meet Nasdaq listing requirements.
  • In May 2025, the company issued notes which included five-year warrants to purchase 1,901,916 shares of common stock with an exercise price of $2.75.

Inbound Investments

  • American Rebel entered into a Securities Purchase Agreement in October 2025 with 1800 Diagonal Lending, LLC for a promissory note with a principal amount of $183,280, receiving net proceeds of $158,000 after discounts and fees.
  • The company indicated in October 2025 that it initiated multiple transactions, including debt conversions and minority equity investments, to achieve compliance with Nasdaq's minimum stockholder equity threshold of $2.5 million.

Outbound Investments

  • In October 2025, American Rebel announced a $1.5 million strategic investment in RAEK Data, LLC, a company specializing in first-party data and identity resolution, aiming to fuel customer loyalty and data-driven growth.

Capital Expenditures

  • American Rebel reported capital expenditures of $10,268,300 in 2022.
  • Capital expenditures were significantly reduced to $331,300 in 2023.

Better Bets than American Rebel (AREB)

Trade Ideas

Select ideas related to AREB. For more, see Trefis Trade Ideas.

Unique KeyDateTickerCompanyCategoryTrade Strategy6M Fwd Rtn12M Fwd Rtn12M Max DD
BBWI_11302025_Dip_Buyer_1M_Insider_Buying_GTE_1Mil_EBITp+DE11302025BBWIBath & Body WorksDip BuyDB | Insider Buys | Low D/EDip Buy with Strong Insider Buying
Buying dips for companies with strong insider buying in the last 1 month, positive operating income and reasonable debt / market cap
13.3%13.3%0.0%
HRB_11262025_Dip_Buyer_FCFYield11262025HRBH&R BlockDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
5.3%5.3%-0.1%
LRN_11262025_Dip_Buyer_FCFYield11262025LRNStrideDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
3.4%3.4%-4.4%
ABNB_11212025_Dip_Buyer_FCFYield11212025ABNBAirbnbDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
19.7%19.7%0.0%
MTN_11212025_Dip_Buyer_FCFYield11212025MTNVail ResortsDip BuyDB | FCFY OPMDip Buy with High FCF Yield and High Margin
Buying dips for companies with high FCF yield and meaningfully high operating margin
1.8%1.8%-1.6%

Recent Active Movers

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Peer Comparisons for American Rebel

Peers to compare with:

Financials

AREBSWBIRGRAOUTCLARJOUTMedian
NameAmerican.Smith & .Sturm Ru.American.Clarus Johnson . 
Mkt Price0.8710.0832.528.073.4144.279.07
Mkt Cap0.00.40.50.10.10.50.3
Rev LTM9466541207256592361
Op Inc LTM-1618-4-5-22-16-11
FCF LTM-92143-5-7408
FCF 3Y Avg-8-53277267
CFO LTM-75059-1-15625
CFO 3Y Avg-7555212134630

Growth & Margins

AREBSWBIRGRAOUTCLARJOUTMedian
NameAmerican.Smith & .Sturm Ru.American.Clarus Johnson . 
Rev Chg LTM-36.6%-9.4%3.9%2.9%-4.8%-0.1%-2.4%
Rev Chg 3Y Avg57.2%-6.1%-4.0%-0.9%-1.5%-7.2%-2.8%
Rev Chg Q-19.7%-3.9%3.7%-5.0%3.3%28.2%-0.3%
QoQ Delta Rev Chg LTM-4.9%-1.1%0.8%-1.4%0.9%5.3%-0.1%
Op Mgn LTM-175.3%3.8%-0.8%-2.6%-8.7%-2.7%-2.7%
Op Mgn 3Y Avg-103.9%6.8%5.3%-4.1%-14.9%-2.1%-3.1%
QoQ Delta Op Mgn LTM-36.4%-0.7%-1.3%-0.5%0.9%4.3%-0.6%
CFO/Rev LTM-76.4%10.8%10.9%-0.7%-0.3%9.5%4.6%
CFO/Rev 3Y Avg-57.2%10.9%9.6%6.0%7.9%7.6%7.7%
FCF/Rev LTM-102.9%4.5%7.9%-2.4%-2.8%6.8%1.1%
FCF/Rev 3Y Avg-66.1%-0.8%5.9%3.9%5.1%4.3%4.1%

Valuation

AREBSWBIRGRAOUTCLARJOUTMedian
NameAmerican.Smith & .Sturm Ru.American.Clarus Johnson . 
Mkt Cap0.00.40.50.10.10.50.3
P/S0.01.01.00.50.50.80.6
P/EBIT-0.022.1387.9-19.3-5.9-50.2-2.9
P/E-0.045.2200.4-18.3-1.6-13.3-0.8
P/CFO-0.08.98.9-75.4-197.28.14.0
Total Yield-25,903.0%7.4%2.7%-5.5%-58.8%-4.6%-5.0%
Dividend Yield0.0%5.2%2.2%0.0%2.9%3.0%2.6%
FCF Yield 3Y Avg-190.8%-0.4%4.3%5.9%0.3%6.1%2.3%
D/E160.50.30.00.30.10.10.2
Net D/E155.40.2-0.20.3-0.1-0.30.1

Returns

AREBSWBIRGRAOUTCLARJOUTMedian
NameAmerican.Smith & .Sturm Ru.American.Clarus Johnson . 
1M Rtn-20.9%18.1%8.6%14.0%-3.7%7.5%8.1%
3M Rtn-95.8%7.9%-22.1%-5.9%-7.2%11.4%-6.5%
6M Rtn-96.9%20.4%-9.4%-32.5%-2.1%51.8%-5.8%
12M Rtn-99.9%6.7%-5.8%-46.5%-21.0%33.8%-13.4%
3Y Rtn-100.0%31.6%-33.3%-16.5%-49.3%-26.9%-30.1%
1M Excs Rtn-24.3%15.4%6.5%15.8%-2.8%8.8%7.7%
3M Excs Rtn-100.7%2.9%-27.0%-10.9%-12.1%6.4%-11.5%
6M Excs Rtn-109.8%7.6%-22.3%-45.4%-15.0%38.9%-18.6%
12M Excs Rtn-116.8%-10.9%-22.2%-63.0%-39.9%6.6%-31.1%
3Y Excs Rtn-181.6%-45.0%-115.7%-97.7%-133.4%-107.0%-111.3%

Financials

Segment Financials

Revenue by Segment
$ Mil2024
Single Segment16
Total16


Price Behavior

Price Behavior
Market Price$0.87 
Market Cap ($ Bil)0.0 
First Trading Date05/09/2019 
Distance from 52W High-99.9% 
   50 Days200 Days
DMA Price$1.38$34.40
DMA Trenddowndown
Distance from DMA-37.0%-97.5%
 3M1YR
Volatility309.9%575.4%
Downside Capture961.91496.46
Upside Capture-695.66-248.20
Correlation (SPY)5.9%-18.6%
AREB Betas & Captures as of 11/30/2025

 1M2M3M6M1Y3Y
Beta3.901.841.021.40-5.25-2.40
Up Beta4.08-0.550.790.86-2.45-1.18
Down Beta8.11-0.682.862.76-17.56-9.95
Up Capture84%-420%-328%-153%-51%-6%
Bmk +ve Days12253873141426
Stock +ve Days813204582291
Down Capture411%661%485%358%169%112%
Bmk -ve Days7162452107323
Stock -ve Days10274174155434

[1] Upside and downside betas calculated using positive and negative benchmark daily returns respectively
Based On 1-Year Data
 Comparison of AREB With Other Asset Classes (Last 1Y)
 AREBSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-99.9%8.3%19.2%71.9%8.9%6.0%-10.1%
Annualized Volatility570.9%24.3%19.5%19.3%15.3%17.1%35.0%
Sharpe Ratio0.040.270.782.690.360.18-0.12
Correlation With Other Assets -6.0%-18.5%-9.3%-8.0%-13.0%-3.9%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
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Based On 5-Year Data
 Comparison of AREB With Other Asset Classes (Last 5Y)
 AREBSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-91.9%9.8%14.9%18.7%11.7%4.8%32.7%
Annualized Volatility908.7%23.8%17.1%15.5%18.7%18.9%48.7%
Sharpe Ratio0.420.370.700.970.510.170.60
Correlation With Other Assets 0.3%-2.5%-0.6%-0.7%-0.7%4.4%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How
Based On 10-Year Data
 Comparison of AREB With Other Asset Classes (Last 10Y)
 AREBSector ETFEquityGoldCommoditiesReal EstateBitcoin
Annualized Return-83.0%13.1%14.7%14.9%6.9%5.2%69.3%
Annualized Volatility882.2%22.0%18.0%14.8%17.6%20.8%55.8%
Sharpe Ratio0.400.550.700.830.310.220.90
Correlation With Other Assets -0.5%-3.4%-0.5%-0.7%-1.8%3.8%

ETFs used for asset classes: Sector ETF = XLY, Equity = SPY, Gold = GLD, Commodities = DBC, Real Estate = VNQ, and Bitcoin = BTCUSD
Smart multi-asset allocation framework can stack odds in your favor. Learn How

Short Interest

Short Interest: As Of Date12152025
Short Interest: Shares Quantity193,593
Short Interest: % Change Since 11302025-5.4%
Average Daily Volume774,702
Days-to-Cover Short Interest1
Basic Shares Quantity161,208
Short % of Basic Shares120.1%

Earnings Returns History

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 Forward Returns
Earnings Date1D Returns5D Returns21D Returns
10/6/20200.0%0.0%0.0%
SUMMARY STATS   
# Positive111
# Negative000
Median Positive0.0%0.0%0.0%
Median Negative   
Max Positive0.0%0.0%0.0%
Max Negative   

SEC Filings

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Report DateFiling DateFiling
93020251110202510-Q 9/30/2025
6302025813202510-Q 6/30/2025
3312025515202510-Q 3/31/2025
12312024409202510-K 12/31/2024
9302024207202510-Q 9/30/2024
6302024814202410-Q 6/30/2024
3312024614202410-Q 3/31/2024
12312023412202410-K 12/31/2023
93020231114202310-Q 9/30/2023
6302023814202310-Q 6/30/2023
3312023515202310-Q 3/31/2023
12312022414202310-K 12/31/2022
93020221114202210-Q 9/30/2022
6302022815202210-Q 6/30/2022
3312022513202210-Q 3/31/2022
12312021331202210-K 12/31/2021

Insider Activity

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 OwnerTitleFiling DateActionPriceSharesTransacted
Value
Value of
Held Shares
Form
0Ross Charles Andrew JRCEO9252025Sell1.04175,000182,175104Form
1LAMBRECHT COREY ALLENPresident, COO9242025Sell202387.42175,00035,417,798,50020,238,742Form
2HRT FINANCIAL LP 4092025Buy12.06230,2232,776,4892,070,195Form