ACR Q4 2022 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q4 2022 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$23M+68.9% YoY

Gross Profit

$2M10.7% margin

Operating Income

-$3M-13.2% margin

Net Income

-$3M-11.1% margin

EPS (Diluted)

$-0.29

QoQ Revenue Growth

+110.6%

Cash Flow

Operating Cash Flow

$14M

Free Cash Flow

$13M

Stock-Based Comp.

$914,000

Balance Sheet

Total Assets

$2.4B

Total Liabilities

$1.9B

Stockholders' Equity

$435M

Cash & Equivalents

$66M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$23M	$14M	+68.9%
Gross Profit	$2M	$12M	-79.4%
Operating Income	-$3M	$12M	-125.9%
Net Income	-$3M	$12M	-121.2%