ACR Q1 2022 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q1 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$11M-10.7% YoY

Gross Profit

$6M56.1% margin

Operating Income

$2M18.7% margin

Net Income

$2M19.1% margin

EPS (Diluted)

$-0.30

QoQ Revenue Growth

-20.6%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$744,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$443M

Cash & Equivalents

$80M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$12M	-10.7%
Gross Profit	$6M	$11M	-43.6%
Operating Income	$2M	$12M	-82.9%
Net Income	$2M	$13M	-84.0%