ACR Q2 2020 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$138M

Q2 2020 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$11M-25.5% YoY

Gross Profit

$11M100.0% margin

Operating Income

-$33M-290.9% margin

Net Income

-$33M-290.9% margin

EPS (Diluted)

$-3.42

QoQ Revenue Growth

-23.1%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$715,000

Balance Sheet

Total Assets

$1.9B

Total Liabilities

$1.5B

Stockholders' Equity

$307M

Cash & Equivalents

$58M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$15M	-25.5%
Gross Profit	$11M	$12M	-4.6%
Operating Income	-$33M	$9M	-471.0%
Net Income	-$33M	$9M	-475.7%