ACR Q2 2022 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q2 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$18M+117.5% YoY

Gross Profit

$9M50.2% margin

Operating Income

$21M115.7% margin

Net Income

$6M30.1% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

+68.4%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$991,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.9B

Stockholders' Equity

$442M

Cash & Equivalents

$35M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18M	$8M	+117.5%
Gross Profit	$9M	$7M	+30.7%
Operating Income	$21M	$13M	+58.5%
Net Income	$6M	$14M	-59.3%