ACR Q1 2017 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$138M

Q1 2017 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$19M-24.1% YoY

Gross Profit

$16M85.6% margin

Operating Income

$11M57.3% margin

Net Income

$9M46.7% margin

EPS (Diluted)

$0.27

QoQ Revenue Growth

+1160.4%

Cash Flow

Operating Cash Flow

$69M

Free Cash Flow

$69M

Stock-Based Comp.

$788,000

Balance Sheet

Total Assets

$2.0B

Total Liabilities

$1.3B

Stockholders' Equity

$706M

Cash & Equivalents

$158M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$19M	$25M	-24.1%
Gross Profit	$16M	$25M	-35.0%
Operating Income	$11M	$6M	+72.0%
Net Income	$9M	$14M	-38.2%

Revenue Segments

Commercial Real Estate Loans

$14M49%

cumulative intercompany reclassification

$12M41%

Commercial Finance

$3M9%

Residential Mortgage Loans

$119,0000%