ACRACRES Commercial Realty Corp.

$139M

Q3 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$24M+117.5% YoY

Gross Profit

$2M10.3% margin

Operating Income

$7M31.1% margin

Net Income

$8M32.2% margin

EPS (Diluted)

$0.33

QoQ Revenue Growth

+10.5%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$482,000

Balance Sheet

Total Assets

$2.3B

Total Liabilities

$1.8B

Stockholders' Equity

$438M

Cash & Equivalents

$64M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$24M	$11M	+117.5%
Gross Profit	$2M	$8M	-69.8%
Operating Income	$7M	$3M	+113.8%
Net Income	$8M	$6M	+38.7%

ACR Q3 2023 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena