ACR Q1 2023 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q1 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$20M+83.4% YoY

Gross Profit

$12M60.9% margin

Operating Income

$1M7.3% margin

Net Income

$2M12.2% margin

EPS (Diluted)

$-0.28

QoQ Revenue Growth

-13.8%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$9M

Stock-Based Comp.

$894,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.9B

Stockholders' Equity

$434M

Cash & Equivalents

$87M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$20M	$11M	+83.4%
Gross Profit	$12M	$6M	+99.0%
Operating Income	$1M	$2M	-28.9%
Net Income	$2M	$2M	+17.0%