See more : Beryl 8 Plus Public Company Limited (BE8.BK) Income Statement Analysis – Financial Results
Complete financial analysis of ACRES Commercial Realty Corp. (ACR) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of ACRES Commercial Realty Corp., a leading company in the REIT – Mortgage industry within the Real Estate sector.
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ACRES Commercial Realty Corp. (ACR)
About ACRES Commercial Realty Corp.
ACRES Commercial Realty Corp., a real estate investment trust (REIT), focuses on the origination, holding, and management of commercial real estate mortgage loans and other commercial real estate-related debt investments in the United States. It invests in commercial real estate-related assets, including floating and fixed rate first mortgage loans, first priority interests in first mortgage loans, subordinated interests in first mortgage loans, mezzanine debt, preferred equity investments, commercial mortgage-backed securities, and commercial real estate equity and preferred equity investments. The company qualifies as a real estate investment trust for federal income tax purposes. It generally would not be subject to federal corporate income tax to the extent that it distributes 100% of its REIT taxable income. The company was formerly known as Exantas Capital Corp. and changed its name to ACRES Commercial Realty Corp. in February 2021. ACRES Commercial Realty Corp. was incorporated in 2005 and is based in Uniondale, New York.
Metric | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 | 2007 | 2006 | 2005 |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | 80.23M | 70.01M | 44.86M | 19.49M | 47.52M | 36.62M | 45.96M | 29.75M | 123.92M | 112.30M | 91.59M | 107.72M | 95.98M | 85.33M | 52.71M | 53.20M | 54.79M | 26.75M | 18.64M |
Cost of Revenue | 38.91M | 33.85M | 6.18M | 298.00K | 9.00M | 11.33M | 13.26M | 9.00K | 57.00K | 5.44M | 14.06M | 4.70M | 0.00 | 0.00 | 0.00 | 2.91M | 2.91M | 1.88M | 0.00 |
Gross Profit | 41.32M | 36.15M | 38.68M | 19.19M | 38.52M | 25.29M | 32.71M | 29.74M | 123.86M | 106.86M | 77.53M | 103.02M | 95.98M | 85.33M | 52.71M | 50.29M | 51.88M | 24.87M | 18.64M |
Gross Profit Ratio | 51.50% | 51.64% | 86.22% | 98.47% | 81.06% | 69.06% | 71.16% | 99.97% | 99.95% | 95.15% | 84.65% | 95.64% | 100.00% | 100.00% | 100.00% | 94.53% | 94.69% | 92.97% | 100.00% |
Research & Development | 0.00 | 0.07 | 0.32 | 2.45 | 0.25 | 0.22 | 0.46 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
General & Administrative | 17.97M | 7.80M | 6.33M | 9.56M | 12.60M | 13.38M | 18.58M | 18.23M | 51.29M | 46.87M | 40.64M | 17.76M | 21.95M | 22.88M | 16.06M | 1.85M | 1.58M | 1.50M | 3.81M |
Selling & Marketing | 2.58M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
SG&A | 20.55M | 7.80M | 6.33M | 9.56M | 12.60M | 13.38M | 18.58M | 18.23M | 51.29M | 46.87M | 40.64M | 17.76M | 21.95M | 22.88M | 16.06M | 1.85M | 1.58M | 1.50M | 3.81M |
Other Expenses | 0.00 | 1.59M | 822.00K | 471.00K | 1.41M | 2.00M | -579.00K | 1.50M | 60.00K | -1.26M | 391.00K | 19.20M | 3.02M | -7.81M | -44.55M | 8.92M | 8.92M | 0.00 | -11.53M |
Operating Expenses | 31.55M | 9.39M | 7.16M | 10.03M | 14.01M | 11.14M | 33.79M | 77.01M | 48.08M | 15.26M | 16.11M | 4.43M | 24.97M | 16.06M | 12.44M | 10.50M | 10.50M | 1.50M | -7.73M |
Cost & Expenses | 70.46M | 67.41M | 7.16M | 10.03M | 14.01M | 11.14M | 33.79M | 77.02M | 48.14M | 15.26M | 16.11M | 9.13M | 24.97M | 16.06M | 12.44M | 13.42M | 13.42M | 3.38M | -7.73M |
Interest Income | 187.47M | 126.27M | 101.03M | 108.24M | 144.89M | 122.78M | 99.32M | 112.62M | 158.08M | 126.91M | 117.98M | 133.33M | 110.19M | 103.91M | 97.59M | 134.34M | 177.00M | 136.75M | 61.39M |
Interest Expense | 130.79M | 82.32M | 61.58M | 58.01M | 83.84M | 67.62M | 57.66M | 53.75M | 65.65M | 45.47M | 61.01M | 42.79M | 30.43M | 36.47M | 45.43M | 79.62M | 121.56M | 101.85M | 43.06M |
Depreciation & Amortization | 91.00K | 65.11M | 4.60M | 62.46M | 110.04M | 30.29M | 92.97M | 104.42M | 4.86M | 2.74M | 3.86M | 5.89M | 4.62M | 4.00M | 1.36M | 3.38M | 4.09M | 3.73M | 2.81M |
EBITDA | 149.96M | 88.44M | 0.00 | -136.79M | 38.21M | 93.21M | 89.82M | 13.73M | 0.00 | 0.00 | -10.51M | 68.62M | 69.47M | 0.00 | -22.03M | 0.00 | 0.00 | 19.34M | 13.72M |
EBITDA Ratio | 186.92% | 143.67% | 106.79% | -981.16% | 75.79% | 266.58% | 219.64% | 60.23% | 59.08% | 95.47% | 120.47% | 118.57% | 75.81% | 71.24% | 100.78% | 149.79% | 246.16% | 453.05% | 304.70% |
Operating Income | 20.67M | 93.09M | 33.92M | -197.71M | 35.97M | 94.70M | 47.46M | -14.34M | 18.93M | 62.17M | 46.45M | 45.25M | 68.15M | 17.21M | 19.81M | -3.32M | 9.23M | 15.61M | 10.91M |
Operating Income Ratio | 25.77% | 132.97% | 75.61% | -1,014.64% | 75.69% | 258.64% | 103.25% | -48.22% | 15.27% | 55.36% | 50.72% | 42.01% | 71.00% | 20.17% | 37.58% | -6.23% | 16.84% | 58.34% | 58.53% |
Total Other Income/Expenses | 1.27M | 2.91M | 0.00 | -54.40M | -3.32M | -5.28M | 6.61M | 14.00M | -41.43M | 13.04M | 23.43M | 33.82M | -16.66M | 27.93M | -29.77M | -45.60M | -32.79M | 0.00 | 0.00 |
Income Before Tax | 21.95M | 10.76M | 33.92M | -197.71M | 36.22M | 26.96M | 54.07M | -342.00K | 18.93M | 59.96M | 45.41M | 79.05M | 52.82M | 6.34M | 6.34M | -3.32M | 9.23M | 15.61M | 0.00 |
Income Before Tax Ratio | 27.35% | 15.37% | 75.61% | -1,014.64% | 76.22% | 73.64% | 117.64% | -1.15% | 15.27% | 53.39% | 49.58% | 73.38% | 55.03% | 7.43% | 12.02% | -6.23% | 16.84% | 58.34% | 0.00% |
Income Tax Expense | 97.00K | 336.00K | -42.40M | -84.21M | 251.00K | -343.00K | 6.61M | 10.99M | 1.75M | -2.21M | -1.04M | 14.60M | 15.10M | 26.47M | -2.00K | -241.00K | 338.00K | 128.98M | 43.06M |
Net Income | 22.39M | 10.62M | 33.92M | -197.71M | 35.97M | 27.43M | 33.54M | -30.37M | 10.56M | 61.20M | 46.45M | 64.44M | 37.72M | 19.45M | 6.34M | -3.07M | 8.89M | 15.61M | 10.91M |
Net Income Ratio | 27.91% | 15.17% | 75.61% | -1,014.64% | 75.69% | 74.91% | 72.96% | -102.08% | 8.52% | 54.50% | 50.72% | 59.83% | 39.30% | 22.79% | 12.03% | -5.78% | 16.22% | 58.34% | 58.53% |
EPS | 0.35 | -1.00 | 1.85 | -18.37 | 2.44 | 2.64 | 0.54 | -2.98 | -1.29 | 4.14 | 3.96 | 8.52 | 6.48 | 4.92 | 3.00 | -1.49 | 4.32 | 10.68 | 8.52 |
EPS Diluted | 0.35 | -1.00 | 1.85 | -18.37 | 2.43 | 2.62 | 0.54 | -2.98 | -1.29 | 4.08 | 3.93 | 8.52 | 6.36 | 4.92 | 3.00 | -1.49 | 4.32 | 10.44 | 8.52 |
Weighted Avg Shares Out | 8.42M | 8.81M | 9.74M | 10.76M | 10.48M | 10.40M | 10.28M | 10.18M | 10.75M | 10.67M | 9.87M | 7.37M | 5.87M | 3.98M | 2.10M | 2.06M | 2.05M | 1.46M | 1.28M |
Weighted Avg Shares Out (Dil) | 8.57M | 8.81M | 9.76M | 10.76M | 10.56M | 10.46M | 10.36M | 10.18M | 10.76M | 10.77M | 10.00M | 7.44M | 5.90M | 3.99M | 2.11M | 2.06M | 2.07M | 1.49M | 1.28M |
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Source: https://incomestatements.info
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