ACR Q4 2023 Earnings — ACRES Commercial Realty Corp. Revenue & Financial Results | Market Cap Arena

ACRACRES Commercial Realty Corp.

$139M

Q4 2023 Earnings

Real Estate REIT - Mortgage

Income Statement

Revenue

$55M+138.6% YoY

Gross Profit

$11M20.7% margin

Operating Income

$39M71.0% margin

Net Income

$7M11.8% margin

EPS (Diluted)

$0.20

QoQ Revenue Growth

+131.0%

Cash Flow

Operating Cash Flow

$9M

Free Cash Flow

$9M

Stock-Based Comp.

$483,000

Balance Sheet

Total Assets

$2.2B

Total Liabilities

$1.7B

Stockholders' Equity

$436M

Cash & Equivalents

$83M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$55M	$23M	+138.6%
Gross Profit	$11M	$2M	+360.7%
Operating Income	$39M	-$3M	+1380.2%
Net Income	$7M	-$3M	+354.5%