ACR Q3 2022 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q3 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$11M+6.2% YoY

Gross Profit

$8M74.4% margin

Operating Income

$3M31.6% margin

Net Income

$6M50.4% margin

EPS (Diluted)

$0.08

QoQ Revenue Growth

-40.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$913,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$2.0B

Stockholders' Equity

$443M

Cash & Equivalents

$61M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$11M	$10M	+6.2%
Gross Profit	$8M	$9M	-10.3%
Operating Income	$3M	$4M	-13.3%
Net Income	$6M	-$5M	+213.0%