ACRES Commercial Realty Corp. (ACR)

ACRES Commercial Realty Income Statement

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

Year	2023	2022	2021	2020	2019
Revenue	91.13	75.17	50.08	50.31	61.15
Revenue Growth (YoY)	21.23%	50.11%	-0.47%	-17.73%	10.61%
Cost of Revenue	10.04	10.6	7.81	9.19	11.17
Gross Profit	81.09	64.57	42.26	41.12	49.98
Selling, General & Admin	10.51	10.58	11.6	14.34	10.39
Other Operating Expenses	49.91	46.23	-10.57	31.16	0.11
Operating Expenses	60.42	56.81	1.04	45.5	10.5
Operating Income	20.67	7.76	41.23	-4.38	39.49
Other Expense / Income	-1.81	-3.2	7.31	193.34	3.52
Pretax Income	22.49	10.96	33.92	-197.71	35.97
Income Tax	0.1	0.34	0	0	0
Net Income	22.39	10.62	33.92	-197.71	35.97
Preferred Dividends	19.42	19.42	15.89	10.35	10.35
Net Income Common	2.97	-8.8	18.04	-208.06	25.62
Net Income Growth	-	-	-	-	267.36%
Shares Outstanding (Basic)	8	9	10	11	10
Shares Outstanding (Diluted)	9	9	10	11	11
Shares Change	-2.79%	-9.75%	-9.29%	1.96%	0.92%
EPS (Basic)	0.35	-1.00	1.85	-19.33	2.45
EPS (Diluted)	0.35	-1.00	1.85	-19.33	2.43
EPS Growth	-	-	-	-	262.69%
Free Cash Flow	45.61	31.96	40.53	31.81	43.33
Free Cash Flow Per Share	5.42	3.63	4.16	2.96	4.14
Dividend Per Share	-	-	-	0.825	2.850
Dividend Growth	-	-	-	-71.05%	100.00%
Gross Margin	88.98%	85.90%	84.40%	81.73%	81.74%
Operating Margin	22.68%	10.33%	82.33%	-8.70%	64.57%
Profit Margin	3.26%	-11.71%	36.02%	-413.55%	41.89%
Free Cash Flow Margin	50.05%	42.51%	80.94%	63.22%	70.86%
Effective Tax Rate	0.43%	3.07%	-	-	-
EBITDA	27.68	18.45	47.91	-191.19	39.37
EBITDA Margin	30.37%	24.54%	95.68%	-380.01%	64.37%
Depreciation & Amortization	5.19	7.49	13.99	6.52	3.4
EBIT	22.49	10.96	33.92	-197.71	35.97
EBIT Margin	24.68%	14.58%	67.74%	-392.98%	58.82%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).