ACR FY 2023 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

FY 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$91M+44.9% YoY

Gross Profit

$52M57.3% margin

Operating Income

$21M22.7% margin

Net Income

$22M24.6% margin

EPS (Diluted)

$0.35

Cash Flow

Operating Cash Flow

$46M

Free Cash Flow

$46M

Stock-Based Comp.

$3M

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.7B

Stockholders' Equity

$436M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$91M	$63M	+44.9%
Gross Profit	$52M	$29M	+79.9%
Operating Income	$21M	$88M	-76.6%
Net Income	$22M	$11M	+110.8%