ACR Q1 2020 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$138M

Q1 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$15M+3.2% YoY

Gross Profit

-$176M-1182.0% margin

Operating Income

-$7M-48.4% margin

Net Income

-$197M-1317.3% margin

EPS (Diluted)

$-18.90

QoQ Revenue Growth

+33.5%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$498,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.7B

Stockholders' Equity

$342M

Cash & Equivalents

$43M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15M	$14M	+3.2%
Gross Profit	-$176M	$12M	-1527.7%
Operating Income	-$7M	$8M	-188.5%
Net Income	-$197M	$8M	-2516.3%