ACR Q1 2024 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q1 2024 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$25M+22.8% YoY

Gross Profit

$25M100.0% margin

Operating Income

$00.0% margin

Net Income

$5M20.9% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-55.6%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$477,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.7B

Stockholders' Equity

$433M

Cash & Equivalents

$85M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$25M	$20M	+22.8%
Gross Profit	$25M	$12M	+101.7%
Operating Income	$0	$1M	-100.0%
Net Income	$5M	$2M	+110.6%