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Ares Commercial Real Estate Corporation ACRE
Real Estate - REIT - Mortgage - NYSE - US
Watchlist
$ 4.705
-3.78 %
$ 258 M
Market Cap
-7.35
P/E
INCOME STATEMENT
69.6 M REVENUE
6226.07%
Growth Rates
1Year 6226.07%
3Years -11.96%
5Years -2.05%
7Years 5.99%
10Years 0.88%
59.2 M OPERATING INCOME
605.28%
Growth Rates
1Year 605.28%
3Years -1.10%
5Years 9.56%
7Years 9.97%
10Years 5.86%
-35 M NET INCOME
9.97%
Growth Rates
1Year 9.97%
3Years -16.44%
5Years -14.24%
7Years -11.55%
10Years -9.25%
EFFICIENCY
Earnings Waterfall Ares Commercial Real Estate Corporation
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Revenue 69.6 M
Cost Of Revenue 0
Gross Profit 69.6 M
Operating Expenses 10.5 M
Operating Income 59.2 M
Other Expenses 94.2 M
Net Income -35 M

Income Statement

Millions
Dec-2024 Dec-2023 Dec-2022 Dec-2021 Dec-2020 Dec-2019 Dec-2018 Dec-2017 Dec-2016 Dec-2015 Dec-2014 Dec-2013 Dec-2012
REVENUE
Revenue 69.7 1.1 109.0 102.1 78.7 77.3 55.3 46.3 45.1 84.3 63.8 33.8 6.6
GROSS PROFIT
Cost Of Revenue 0 94.3 52.6 18.6 38.3 23.0 7.4 6.6 6.1 20.4 18.6 5.5 0
Gross Profit 69.7 (93.2) 56.5 83.5 40.4 54.3 47.9 39.8 39.0 63.9 45.1 28.3 6.6
OPERATING INCOME
Operating Expenses 10.5 10.3 32.7 (40.9) (56.5) (39.8) 6.9 6.7 6.2 31.1 31.9 13.0 2.9
Selling, General and Administrative Expenses 10.5 10.7 10.2 7.8 7.4 7.2 6.9 6.7 6.2 31.1 31.9 13.0 2.9
Research and Development Expenses 0 0 0.175 0.402 0.17 0.268 0.33 0.314 0.374 0 0 0 0
Operating Income 59.2 (11.7) 96.3 61.2 22.2 37.5 102.0 30.4 30.5 55.1 33.5 26.3 3.5
PRE-TAX INCOME
Interest Income Expense 106.0 117.2 66.0 50.1 51.9 62.6 63.0 51.2 36.9 36.3 33.6 15.3 2.7
Total Other Income (94.2) (27.2) (64.5) (18.5) (22.1) (23.0) 0.4 0.2 0 0 (9.9) (12.3) 0
Pre-Tax Income (35.0) (38.9) 30.3 61.2 22.2 37.5 39.0 30.6 30.7 45.2 23.6 13.9 0.9
NET INCOME
Tax Provision 18 K 39 K 0.5 0.7 0.4 0.5 0.4 0.2 0.2 1.9 (1.0) 0.2 4.4
Net Income (35.0) (38.9) 29.8 60.5 21.8 37.0 38.6 30.4 40.3 34.3 24.4 13.8 0.9
EPS 0.64 0.72 0.58 1.43 0.66 1.29 1.35 1.07 1.42 1.2 0.86 0.72 0.03