ACRES Commercial Realty Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	120.13	157.26	187.47	126.27	101.03	108.24
Total Interest Expense	88.99	116.09	130.79	82.32	61.58	58.02
Net Interest Income	31.14	41.17	56.68	43.95	39.46	50.23
Other Revenue	50.21	42.32	34.46	31.22	10.62	0.08
Revenue Before Loan Losses	81.34	83.49	91.13	75.17	50.08	50.3
Provision for Loan Losses	-7.61	4.79	10.9	12.3	-21.26	30.82
Revenue	88.95	78.7	80.23	62.88	71.34	19.49
Revenue Growth (YoY)	14.87%	-1.91%	27.60%	-11.86%	266.09%	-68.10%
Cost of Services Provided	74.73	64.09	56.89	51.46	28.29	20.69
Total Operating Expenses	77.41	67.1	59.56	55.11	30.11	23.87
Operating Income	11.55	11.6	20.67	7.76	41.23	-4.39
Earnings From Equity Investments	-2.69	-0.91	-	-	-	-
EBT Excluding Unusual Items	10.39	12.68	21.2	9.35	42.05	-2.34
Gain (Loss) on Sale of Investments	-	-	-	-	0.88	-195.38
Other Unusual Items	-2.8	5.84	-	-0.46	-9.01	-
Pretax Income	31.03	28.82	21.95	10.76	33.92	-197.71
Income Tax Expense	0.07	0.13	0.1	0.34	-	-
Earnings From Continuing Ops.	30.96	28.7	21.85	10.43	33.92	-197.71
Net Income to Company	30.96	28.7	21.85	10.43	33.92	-197.71
Minority Interest in Earnings	-2.36	0.57	0.54	0.2	-	-
Net Income	28.6	29.27	22.39	10.62	33.92	-197.71
Preferred Dividends & Other Adjustments	21.32	20.14	19.42	19.42	15.89	10.35
Net Income to Common	7.28	9.12	2.97	-8.8	18.04	-208.06
Net Income Growth	8.79%	30.71%	110.77%	-68.69%	-	-
Shares Outstanding (Basic)	7	8	8	9	10	11
Shares Outstanding (Diluted)	8	8	9	9	10	11
Shares Change (YoY)	-5.28%	-7.49%	-2.79%	-9.74%	-9.29%	1.96%
EPS (Basic)	1.00	1.19	0.35	-1.00	1.85	-19.33
EPS (Diluted)	0.95	1.15	0.35	-1.00	1.85	-19.33
EPS Growth	14.65%	228.57%	-	-	-	-
Free Cash Flow	-1.56	19.38	45.61	31.96	40.53	31.81
Free Cash Flow Per Share	-0.20	2.44	5.32	3.63	4.15	2.96
Operating Margin	12.98%	14.74%	25.77%	12.35%	57.79%	-22.51%
Profit Margin	8.19%	11.59%	3.70%	-13.99%	25.28%	-1067.76%
Free Cash Flow Margin	-1.76%	24.62%	56.85%	50.82%	56.82%	163.22%
Effective Tax Rate	0.24%	0.44%	0.44%	3.12%	-	-

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.