ACRES Commercial Realty Corp. (ACR) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	186.8M	165.9M	83.5M	91.1M	62.9M
Cost of Revenue	51.9M	6.6M	46.9M	38.9M	33.9M
Gross Profit	134.8M	159.3M	36.6M	52.2M	29.0M
Operating Expenses
R&D Expense	—	—	—	—	—
SG&A Expense	6.7M	11.3M	10.7M	20.6M	14.1M
General & Admin Expense	6.7M	11.3M	10.7M	18.0M	14.1M
Selling & Marketing Expense	—	—	—	2.6M	—
Other Expenses	47.7M	45.6M	14.3M	11.0M	7.0M
Total Operating Expenses	54.4M	56.9M	25.0M	31.5M	21.2M
Cost and Expenses	138.9M	63.5M	71.9M	70.5M	55.0M
Operating Income (EBIT)	80.1M	102.4M	11.6M	20.7M	88.4M
Non-Operating
Interest Income	134.4M	119.1M	157.3M	187.5M	126.3M
Interest Expense	95.5M	85.9M	116.1M	130.8M	82.3M
Net Interest Income	38.8M	33.2M	41.2M	56.7M	44.0M
Other Non-Op Income/Expense	(53.4M)	(74.5M)	17.2M	1.3M	(77.6M)
Non-Operating Income (excl Interest)	683.0K	(11.4M)	—	(129.2M)	—
EBT (Pre-Tax Income)	26.7M	27.9M	28.8M	21.9M	10.8M
Income Tax Expense	(165.0K)	(83.0K)	126.0K	97.0K	336.0K
Bottom Line
Net Income	14.0M	21.3M	29.3M	22.4M	10.6M
Earnings from Cont. Ops	26.9M	28.0M	28.7M	21.8M	10.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	(1.6M)	21.3M	9.1M	3.0M	(8.8M)
Per Share
Basic EPS	($1.08)	$0.03	$1.19	$0.35	($1.00)
Diluted EPS	($1.12)	$0.03	$1.15	$0.35	($1.00)
Revenue Per Share	$27.90	$23.27	$10.89	$10.83	$7.14
Shares
Basic Shares Outstanding	6.7M	7.1M	7.7M	8.4M	8.8M
Diluted Shares Outstanding	6.7M	7.4M	7.9M	8.6M	8.8M
Profitability Metrics
EBITDA	59.5M	113.9M	126.2M	150.0M	88.4M
D&A	4.9M	78.0K	57.0K	91.0K	85.0K
EBIT	54.6M	113.8M	126.1M	149.9M	88.4M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026