Ares Commercial Real Esta... (ACRE)
4.70
-0.08 (-1.67%)
At close: Mar 28, 2025, 3:59 PM
4.59
-2.24%
Pre-market: Mar 31, 2025, 04:14 AM EDT
Ares Commercial Real Estate Income Statement
| Year | FY24 | FY23 | FY22 | FY21 | FY20 | FY19 | FY18 | FY17 | FY16 | FY15 | FY14 | FY13 | FY12 |
| Revenue | 69.65M | 1.1M | 109.05M | 102.07M | 78.69M | 77.26M | 55.28M | 46.35M | 45.11M | 84.31M | 63.78M | 33.77M | 6.62M |
| Cost of Revenue | n/a | 94.34M | 52.57M | 18.56M | 38.31M | 22.98M | 7.42M | 6.57M | 6.12M | 20.45M | 18.65M | 5.46M | n/a |
| Gross Profit | 69.65M | -93.24M | 56.48M | 83.51M | 40.38M | 54.28M | 47.86M | 39.78M | 38.98M | 63.87M | 45.13M | 28.32M | 6.62M |
| Operating Income | 59.19M | -11.71M | 96.25M | 61.18M | 22.19M | 37.51M | 102.04M | 30.43M | 30.45M | 55.07M | 33.51M | 26.25M | 3.52M |
| Interest Income | 157.72M | 206.16M | 170.17M | 133.63M | 121.05M | 114.78M | 118.28M | 97.54M | 81.96M | 86.34M | 70.5M | 37.6M | 9.28M |
| Pretax Income | -35.01M | -38.91M | 30.26M | 61.18M | 22.19M | 37.51M | 39.04M | 30.61M | 30.68M | 45.25M | 23.57M | 13.94M | 860K |
| Net Income | -34.99M | -38.87M | 29.79M | 60.46M | 21.84M | 36.99M | 38.6M | 30.41M | 40.34M | 34.28M | 24.4M | 13.77M | 860K |
| Selling & General & Admin | 10.46M | 10.68M | 10.17M | 7.76M | 7.38M | 7.21M | 6.88M | 6.73M | 6.24M | 31.12M | 31.9M | 13.02M | 2.9M |
| Research & Development | n/a | n/a | 0.18 | 0.40 | 0.17 | 0.27 | 0.33 | 0.31 | 0.37 | n/a | n/a | n/a | n/a |
| Other Expenses | n/a | n/a | 22.98M | -48.64M | -63.88M | -46.97M | -8.82M | -8.4M | -8.3M | -8.05M | n/a | n/a | n/a |
| Operating Expenses | 10.46M | 10.3M | 32.73M | -40.89M | -56.5M | -39.75M | 6.88M | 6.73M | 6.24M | 31.12M | 31.9M | 13.02M | 2.9M |
| Interest Expense | 105.98M | 117.2M | 65.99M | 50.08M | 51.95M | 62.58M | 63M | 51.19M | 36.86M | 36.34M | 33.64M | 15.33M | 2.65M |
| Selling & Marketing Expenses | n/a | 380K | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a | n/a |
| Cost & Expenses | 10.46M | 104.64M | 32.73M | -40.89M | -56.5M | -39.75M | 6.88M | 6.73M | 6.24M | 30.33M | 31.63M | 12.34M | 2.9M |
| Income Tax | -18K | -39K | 472K | 722K | 352K | 515K | 446K | 178K | 230K | 1.93M | -1.04M | 176K | 4.38M |
| Shares Outstanding (Basic) | 54.45M | 54.28M | 51.68M | 42.4M | 32.98M | 28.61M | 28.53M | 28.48M | 28.46M | 28.5M | 28.46M | 18.99M | 6.53M |
| Shares Outstanding (Diluted) | 54.45M | 54.28M | 52.13M | 42.68M | 33.2M | 28.85M | 28.66M | 28.55M | 28.52M | 28.6M | 28.59M | 19.04M | 6.57M |
| EPS (Basic) | -0.64 | -0.72 | 0.58 | 1.43 | 0.66 | 1.29 | 1.35 | 1.07 | 1.42 | 1.20 | 0.86 | 0.72 | 0.03 |
| EPS (Diluted) | -0.64 | -0.72 | 0.57 | 1.42 | 0.66 | 1.28 | 1.35 | 1.07 | 1.41 | 1.20 | 0.85 | 0.72 | 0.03 |
| EBITDA | n/a | n/a | 95.22M | 61.18M | n/a | 38.17M | 102.04M | 81.78M | 81.96M | 36.54M | 24.53M | 13.62M | n/a |
| Depreciation & Amortization | 4.76M | n/a | 78.11M | 39.22M | 54.83M | 102.34M | 79.24M | 66.16M | 51.28M | 219K | 160K | 38K | -860K |