ACR Q3 2021 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$138M

Q3 2021 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$10M-10.6% YoY

Gross Profit

$9M88.1% margin

Operating Income

$4M38.7% margin

Net Income

-$5M-47.4% margin

EPS (Diluted)

$-1.03

QoQ Revenue Growth

+22.9%

Cash Flow

Operating Cash Flow

$2M

Free Cash Flow

$2M

Stock-Based Comp.

$771,000

Balance Sheet

Total Assets

$2.1B

Total Liabilities

$1.6B

Stockholders' Equity

$443M

Cash & Equivalents

$110M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$10M	$12M	-10.6%
Gross Profit	$9M	$7M	+29.6%
Operating Income	$4M	$11M	-64.4%
Net Income	-$5M	$8M	-160.4%