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Ares Commercial Real Estate Corporation
ACRE•NYSE
Real Estate
REIT - Mortgage
$4.66
$0.07(1.53%)
Ares Commercial Real Estate Corporation (ACRE) Financial Performance & Income Statement Overview
Review Ares Commercial Real Estate Corporation’s income statement, balance sheet, and cash flow reports with annual and quarterly breakdowns.
Revenue Growth
6226.07%
↑ 6226.07%
Operating Income Growth
605.28%
↑ 605.28%
Net Income Growth
9.97%
↑ 9.97%
Operating Cash Flow Growth
-24.02%
↓ 24.02%
Operating Margin
0.00%
Gross Margin
100.00%
↑ 100.00%
Net Profit Margin
-51.73%
↓ 51.73%
ROE
-2.39%
↓ 2.39%
ROIC
0.00%
Ares Commercial Real Estate Corporation (ACRE) Income Statement & Financial Overview
Review Ares Commercial Real Estate Corporation's (ACRE) income statement with detailed quarterly and annual figures.
| Metric | Q4 2024 | Q3 2024 | Q2 2024 | Q1 2024 |
|---|---|---|---|---|
| Revenue | $17.51M | $16.65M | $27.89M | $1.78M |
| Cost of Revenue | $0.00 | $10.63M | $4.92M | $4.80M |
| Gross Profit | $17.51M | $6.03M | $22.98M | -$3.02M |
| Gross Profit Ratio | $1.00 | $0.36 | $0.82 | -$1.69 |
| R&D Expenses | $0.00 | $0.00 | $0.00 | $0.00 |
| SG&A Expenses | $2.39M | $2.62M | $3.23M | $3.21M |
| Operating Expenses | $2.51M | $2.62M | $25.30M | $2.75M |
| Total Costs & Expenses | $2.51M | $13.24M | $6.54M | -$14.71M |
| Interest Income | $33.49M | $39.34M | $40.85M | $44.03M |
| Interest Expense | $22.28M | $27.40M | $27.48M | $28.82M |
| Depreciation & Amortization | $2.24M | $965000.00 | $999000.00 | $1.01M |
| EBITDA | $0.00 | $0.00 | $22.13M | $0.00 |
| EBITDA Ratio | $0.00 | $0.00 | $0.79 | $0.00 |
| Operating Income | $15.002M | $3.41M | $18.98M | -$5.77M |
| Operating Income Ratio | $0.86 | $0.20 | $0.68 | -$3.23 |
| Other Income/Expenses (Net) | -$25.68M | -$9.29M | -$20.06M | -$12.32M |
| Income Before Tax | -$10.68M | -$5.88M | -$6.13M | -$12.32M |
| Income Before Tax Ratio | -$0.61 | -$0.35 | -$0.22 | -$6.90 |
| Income Tax Expense | -$17000.00 | -$3000.00 | $0.00 | $2000.00 |
| Net Income | -$10.66M | -$5.88M | -$6.13M | -$12.32M |
| Net Income Ratio | -$0.61 | -$0.35 | -$0.22 | -$6.90 |
| EPS | -$0.20 | -$0.11 | -$0.11 | -$0.23 |
| Diluted EPS | -$0.20 | -$0.11 | -$0.11 | -$0.23 |
| Weighted Avg Shares Outstanding | $54.50M | $54.46M | $54.43M | $54.40M |
| Weighted Avg Shares Outstanding (Diluted) | $54.50M | $54.46M | $54.43M | $54.40M |
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