Ares Commercial Real Esta...

NYSE: ACRE · Real-Time Price · USD
4.51
-0.01 (-0.22%)
At close: Aug 15, 2025, 3:59 PM
4.59
1.77%
After-hours: Aug 15, 2025, 06:09 PM EDT

Ares Commercial Real Estate Income Statement

Financials in USD. Fiscal year is January - December.
Fiscal Year FY 2024 FY 2023 FY 2022 FY 2021
Period Ending Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021
Revenue
-15.23M 1.1M 109.05M 102.07M
Cost of Revenue
n/a 94.34M 52.57M 18.56M
Gross Profit
-15.23M -93.24M 56.48M 83.51M
Operating Income
n/a -11.71M 96.25M 61.18M
Interest Income
157.72M 206.16M 170.17M 133.63M
Pretax Income
-35.01M -38.91M 30.26M 61.18M
Net Income
-34.99M -38.87M 29.79M 60.46M
Selling & General & Admin
11.65M 10.68M 10.17M 7.76M
Research & Development
n/a n/a 0.18 0.40
Other Expenses
-26.88M n/a 22.98M -48.64M
Operating Expenses
-15.23M 10.3M 32.73M -40.89M
Interest Expense
105.98M 117.2M 65.99M 50.08M
Selling & Marketing Expenses
n/a n/a n/a n/a
Cost & Expenses
-15.23M 104.64M 32.73M -40.89M
Income Tax Expense
-18K -39K 472K 722K
Shares Outstanding (Basic)
54.45M 54.28M 51.68M 42.4M
Shares Outstanding (Diluted)
54.45M 54.28M 52.13M 42.68M
EPS (Basic)
-0.64 -0.72 0.58 1.43
EPS (Diluted)
-0.64 -0.72 0.57 1.42
EBITDA
n/a n/a 95.22M 61.18M
EBIT
-4.76M -13.53M 94.73M 114.66M
Depreciation & Amortization
4.76M n/a 78.11M 39.22M