Ares Commercial Real Esta... (ACRE)

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3.90

0.34 (9.55%)

At close: Apr 22, 2025, 3:59 PM

3.92

0.51%

Pre-market: Apr 23, 2025, 07:56 AM EDT

Ares Commercial Real Estate Income Statement

Financials in USD. Fiscal year is January - December.

Fiscal Year	Q4 2024	Q3 2024	Q2 2024	Q1 2024	Q4 2023	Q3 2023	Q2 2023	Q1 2023	Q4 2022	Q3 2022	Q2 2022	Q1 2022	Q4 2021	Q3 2021	Q2 2021	Q1 2021	Q4 2020	Q3 2020	Q2 2020	Q1 2020	Q4 2019	Q3 2019	Q2 2019	Q1 2019	Q4 2018	Q3 2018	Q2 2018	Q1 2018	Q4 2017	Q3 2017	Q2 2017	Q1 2017	Q4 2016	Q3 2016	Q2 2016	Q1 2016
Period Ending	Dec 31, 2024	Sep 30, 2024	Jun 30, 2024	Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019	Dec 31, 2018	Sep 30, 2018	Jun 30, 2018	Mar 31, 2018	Dec 31, 2017	Sep 30, 2017	Jun 30, 2017	Mar 31, 2017	Dec 31, 2016	Sep 30, 2016	Jun 30, 2016	Mar 31, 2016
Revenue	17.51M	16.65M	27.89M	1.78M	47.51M	23.88M	24.99M	20.89M	30.41M	27.27M	25.15M	26.22M	30.11M	27.2M	23.53M	21.22M	21.21M	22.36M	13.98M	21.13M	21.58M	19.85M	21.68M	14.16M	14.53M	13.98M	13.64M	13.14M	10.87M	14.73M	10.41M	10.34M	12.61M	11.76M	10.51M	14.78M
Cost of Revenue	n/a	10.63M	4.92M	4.8M	4.98M	3.71M	20.13M	21.02M	52.57M	19.48M	7.77M	5.91M	18.56M	11.71M	41K	37K	38.31M	3M	753K	33.79M	22.98M	6.84M	7.12M	54K	-1K	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	4.28M
Gross Profit	17.51M	6.03M	22.98M	-3.02M	42.52M	20.18M	4.86M	-131K	-22.16M	7.79M	17.38M	20.31M	11.55M	15.5M	23.49M	21.19M	-17.11M	19.37M	13.23M	-12.66M	-1.4M	13.01M	14.56M	14.1M	14.53M	13.98M	13.64M	13.14M	10.87M	14.73M	10.41M	10.34M	12.61M	11.76M	10.51M	10.49M
Operating Income	15M	3.41M	18.98M	-5.77M	37.91M	17.8M	2.2M	-29.33M	25.32M	649K	23.86M	28.32M	31.46M	13.9M	21.68M	19.24M	38.01M	17.77M	15.61M	-14.43M	47.9M	11.46M	13M	12.51M	38.6M	26.57M	25.36M	23.7M	30.43M	11.06M	6.71M	6.48M	30.45M	7.68M	7.29M	8.2M
Interest Income	33.49M	39.34M	40.85M	44.03M	44.78M	52.82M	51.94M	49.5M	52.55M	45.63M	38.62M	33.36M	38.04M	34.02M	30.86M	30.7M	29.14M	30.63M	29.84M	31.45M	28.54M	28.27M	29.99M	27.99M	30.88M	30.36M	29.6M	27.44M	25.22M	28.55M	22.64M	21.13M	23.51M	20.78M	18.93M	18.75M
Pretax Income	-10.68M	-5.88M	-6.13M	-12.32M	-39.5M	9.17M	-2.24M	-6.33M	3.17M	649K	10.13M	16.31M	17.28M	9.95M	18.02M	15.93M	14.41M	15.11M	9.93M	-17.25M	9.84M	9.05M	9.97M	8.64M	10.06M	10.19M	9.39M	9.4M	6.21M	11.11M	6.74M	6.55M	8.78M	7.84M	7.29M	5.68M
Net Income	-10.66M	-5.88M	-6.13M	-12.32M	-39.41M	9.18M	-2.2M	-6.44M	2.91M	644K	10.03M	16.2M	17.15M	9.95M	17.61M	15.74M	14.41M	14.93M	9.77M	-17.26M	9.66M	9.03M	9.76M	8.54M	10.02M	9.96M	9.3M	9.32M	6.18M	11.06M	6.71M	6.45M	8.06M	18.44M	8.69M	5.14M
Selling & General & Admin	2.51M	2.62M	3.23M	3.21M	2.65M	2.37M	3.15M	2.42M	2.91M	2.43M	2.38M	2.45M	1.97M	1.89M	1.98M	1.91M	1.7M	1.77M	2M	1.92M	1.8M	1.84M	1.8M	1.78M	1.84M	1.72M	1.62M	1.7M	1.84M	1.71M	1.59M	1.59M	1.73M	1.55M	1.35M	7.13M
Research & Development	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Other Expenses	n/a	n/a	-3.23M	-2.75M	-4.62M	-3.15M	-3.77M	-3.19M	29.73M	n/a	1.1M	-3.23M	-2.53M	-2.37M	-2.6M	-2.69M	n/a	4M	-4M	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Operating Expenses	2.51M	2.62M	25.3M	2.75M	4.62M	2.37M	2.66M	2.46M	25.48M	7.14M	2.38M	2.45M	1.97M	1.89M	1.98M	1.91M	1.7M	1.77M	2M	1.92M	1.8M	1.84M	1.8M	1.78M	1.84M	1.72M	1.62M	1.7M	1.84M	1.71M	1.59M	1.59M	1.73M	1.55M	1.35M	7.13M
Interest Expense	22.28M	27.4M	27.48M	28.82M	29.96M	29.75M	26.95M	23M	22.14M	18.36M	13.47M	12.01M	14.18M	12.67M	11.09M	12.14M	11.5M	11.88M	13.04M	15.53M	15.04M	15.12M	16.68M	15.74M	16.36M	16.38M	15.97M	14.3M	14.35M	13.82M	12.23M	10.79M	10.9M	9.02M	8.41M	8.53M
Selling & Marketing Expenses	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a	n/a
Cost & Expenses	2.51M	13.24M	6.54M	-14.71M	57.05M	6.08M	22.79M	23.48M	25.48M	7.14M	7.25M	2.45M	1.97M	13.3M	1.85M	1.98M	44.68M	4.61M	2.37M	35.56M	29.36M	8.38M	8.68M	1.65M	1.84M	1.72M	1.62M	1.7M	1.84M	1.71M	1.59M	1.59M	1.73M	1.55M	1.35M	6.8M
Income Tax Expense	-17K	-3K	n/a	2K	-87K	-16K	-46K	110K	264K	5K	98K	105K	130K	13.9M	408K	185K	2K	181K	160K	9K	183K	19K	218K	96K	43K	236K	86K	81K	29K	54K	27K	68K	62K	161K	3K	-748K
Shares Outstanding (Basic)	54.5M	54.46M	54.43M	54.4M	54.11M	54.09M	54.35M	54.59M	54.43M	54.42M	50.56M	47.2M	47.03M	46.96M	41.01M	34.42M	32.98M	33.34M	33.32M	31.9M	28.64M	28.63M	28.6M	28.56M	28.55M	28.54M	28.52M	28.5M	28.49M	28.48M	28.48M	28.47M	28.46M	28.43M	28.43M	28.53M
Shares Outstanding (Diluted)	54.5M	54.46M	54.43M	54.4M	54.11M	54.8M	54.35M	54.59M	54.89M	54.85M	51M	47.65M	47.31M	47.21M	41.29M	34.72M	33.2M	33.55M	33.54M	31.9M	28.87M	28.87M	28.86M	28.78M	28.71M	28.7M	28.62M	28.6M	28.59M	28.58M	28.55M	28.48M	28.48M	28.51M	28.5M	28.6M
EPS (Basic)	-0.2	-0.11	-0.11	-0.23	-0.73	0.17	-0.04	-0.12	0.05	0.01	0.20	0.34	0.36	0.21	0.43	0.46	0.44	0.45	0.29	-0.54	0.34	0.32	0.34	0.30	0.35	0.35	0.33	0.33	0.22	0.39	0.24	0.23	0.28	0.65	0.31	0.18
EPS (Diluted)	-0.2	-0.11	-0.11	-0.23	-0.73	0.17	-0.04	-0.12	0.05	0.01	0.20	0.34	0.36	0.21	0.43	0.45	0.43	0.44	0.29	-0.54	0.33	0.31	0.34	0.30	0.35	0.35	0.33	0.33	0.22	0.39	0.24	0.23	0.28	0.65	0.31	0.18
EBITDA	n/a	n/a	22.13M	n/a	-8.51M	n/a	2.2M	3.03M	22.14M	21.26M	23.6M	28.32M	31.46M	22.62M	29.11M	28.06M	26.55M	15.33M	10.15M	-17.03M	n/a	n/a	n/a	n/a	26.42M	26.57M	25.36M	23.7M	20.56M	24.94M	18.97M	17.31M	8.78M	n/a	n/a	n/a
EBIT	-2.24M	-965K	21.36M	-786K	-10.5M	-206K	24.71M	-1.32M	25.32M	21.91M	23.6M	26.8M	31.88M	23.04M	29.53M	28.47M	26.33M	15.11M	9.93M	-17.25M	-219K	-206K	-188K	-54K	10.06M	10.19M	9.39M	9.4M	6.98M	11.11M	6.74M	6.55M	8.78M	-55K	-57K	-55K
Depreciation & Amortization	2.24M	965K	999K	1.01M	1.04M	265K	2.24M	716K	-3.17M	-649K	-10.13M	-14.11M	151K	225K	225K	224K	224K	223K	224K	221K	219K	206K	188K	54K	-12.18M	-10.19M	-9.39M	-9.4M	-9.87M	13.88M	12.26M	10.83M	-167K	55K	57K	55K