ACRES Commercial Realty Corp. (ACR)

ACRES Commercial Realty Income Statement

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

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

Updated Mar 17, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q