ARQ — Stock Film
STOCK FILMSCENE 1/11ARQ · $2.20
Stock Expert AI presents
ARQ
Arq, Inc
~5 min film100% real numbersplain English
WHAT DOES THIS COMPANY DO?
Arq, Inc. What it actually does.

Produces granular activated carbon (GAC) for water treatment. Manufactures powdered activated carbon (PAC) for air emissions control. Now — the numbers.

on the stock market since 2004
202 employees
$94.4M market value
Revenue last year:
$120.3M
The loss that same year:
$52.6M
For every $1 it earns, the company spends $1.4.

The company is still in the product-building phase: its spending runs above its sales. That only changes once the product starts selling at scale.

THE SALES TREND
Sales are moving sideways.

No real growth (5% a year). Red columns mark years that ended in a loss.

$100.3M
2021
2022
2023
2024
$120.3M
2025
In the vault right now:
$6.6M
DEBT: $37.4M
At this pace, that money lasts less than a year.

Before the clock runs out, either sales must climb sharply or new money must come in. This is the most critical line in the whole picture.

What executives did with their own stock over the last 12 months:
37 buy12 sell

Executives buying with their own money is usually read as confidence in the company’s future.

INSIDE THE REPORT CARD

We compared this company with its own sector across five subjects.

A score of 50 means class average.

BUSINESS QUALITY
16
very weak

Clearly below the class average.

FINANCIAL STRENGTH
12
very weak

Clearly below the class average.

VALUATION
57
average

The price isn’t cheap next to earnings — that’s why this grade sits in the middle.

PRICE MOMENTUM
12
very weak

Clearly below the class average.

WORTH WATCHING

Financial Strength: The cash-and-debt balance is thin; the buffer for hard times is slim.

Price Momentum: The stock has lagged the market in recent months; investor interest is weak right now.

THE FIVE-YEAR JOURNEY
A big climb, then a hard fall.

An investor who bought at the very peak is down 73% today. The business is the same; what changed most is the price — and the expectations — the market pins on it.

1
THE BRIGHT SIDE · 1/2
The product is selling

Sales run at $120.3M a year. A small number, but proof the product has real buyers.

2
THE BRIGHT SIDE · 2/2
Executives are buying their own stock

Over the last 12 months, company executives reported 37 buys and 12 sells. Management buying with its own money is usually read as a good sign.

1
THE RISKS · 1/3
Small sales, big loss

A loss of $52.6M against $120.3M in annual sales.

2
THE RISKS · 2/3
A wildly swinging price

This stock swings about 2.9 times as much as the market average. Big rallies — and big drops — can both happen fast.

3
THE RISKS · 3/3
The cash has a countdown

At the current pace of spending, the cash lasts less than a year. After that, the company needs to find new money.

FINALE · THE GRADE
D
33 / 100 · MoonshotScore

On our five-subject report card, ARQ sits behind the class. A low grade doesn’t mean “doomed” — it means “big claim, small proof.”

The takeaway: ARQ is a high-risk stock — not yet profitable, and its future rides on its product catching on.

The total grade weighs these five subjects against the sector — it isn’t a simple average of the five.

Analysts’ average target sits above today’s price, yet the valuation grade (57/100) says the stock isn’t cheap.

What would you like to do next?
Open the stock page →

Not covered, because the filings we hold do not carry it: the revenue breakdown.

This was a film — not investment advice.
Data: FMP & company filings
Sep 11, 2026 · stockexpertai.com · Stock Film