Ares Commercial Real Esta... (ACRE)

NYSE: ACRE · Real-Time Price · USD

4.08

0.01 (0.25%)

At close: May 01, 2025, 3:59 PM

4.08

0.12%

Pre-market: May 02, 2025, 08:30 AM 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	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Revenue	69.65M	1.1M	109.05M	102.07M	78.69M	77.26M	55.28M	46.35M	45.11M
Cost of Revenue	84.88M	94.34M	52.57M	18.56M	38.31M	22.98M	7.42M	6.57M	6.12M
Gross Profit	-15.23M	-93.24M	56.48M	83.51M	40.38M	54.28M	47.86M	39.78M	38.98M
Operating Income	59.19M	-11.71M	96.25M	61.18M	22.19M	37.51M	102.04M	30.43M	30.45M
Interest Income	157.72M	206.16M	170.17M	133.63M	121.05M	114.78M	118.28M	97.54M	81.96M
Pretax Income	-35.01M	-38.91M	30.26M	61.18M	22.19M	37.51M	39.04M	30.61M	30.68M
Net Income	-34.99M	-38.87M	29.79M	60.46M	21.84M	36.99M	38.6M	30.41M	40.34M
Selling & General & Admin	10.46M	10.68M	10.17M	7.76M	7.38M	7.21M	6.88M	6.73M	6.24M
Research & Development	n/a	n/a	0.18	0.40	0.17	0.27	0.33	0.31	0.37
Other Expenses	n/a	n/a	22.98M	-48.64M	-63.88M	-46.97M	-8.82M	-8.4M	-8.3M
Operating Expenses	10.46M	10.3M	32.73M	-40.89M	-56.5M	-39.75M	6.88M	6.73M	6.24M
Interest Expense	105.98M	117.2M	65.99M	50.08M	51.95M	62.58M	63M	51.19M	36.86M
Selling & Marketing Expenses	n/a	380K	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
Income Tax Expense	-18K	-39K	472K	722K	352K	515K	446K	178K	230K
Shares Outstanding (Basic)	54.45M	54.28M	51.68M	42.4M	32.98M	28.61M	28.53M	28.48M	28.46M
Shares Outstanding (Diluted)	54.45M	54.28M	52.13M	42.68M	33.2M	28.85M	28.66M	28.55M	28.52M
EPS (Basic)	-0.64	-0.72	0.58	1.43	0.66	1.29	1.35	1.07	1.42
EPS (Diluted)	-0.64	-0.72	0.57	1.42	0.66	1.28	1.35	1.07	1.41
EBITDA	n/a	n/a	95.22M	61.18M	n/a	38.17M	102.04M	81.78M	81.96M
EBIT	-4.76M	-13.53M	94.73M	114.66M	-892K	37.51M	39.04M	31.38M	30.68M
Depreciation & Amortization	4.76M	n/a	78.11M	39.22M	54.83M	102.34M	79.24M	66.16M	51.28M