ACRE
Income statement / Annual
Last year (2024), Ares Commercial Real Estate Corporation's total revenue was $69.65 M,
an increase of 6,226.07% from the previous year.
In 2024, Ares Commercial Real Estate Corporation's net income was -$34.99 M.
See Ares Commercial Real Estate Corporation,s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2024
|
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
FY-2015
|
| Period Ended |
12/31/2024 |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
12/31/2018 |
12/31/2017 |
12/31/2016 |
12/31/2015 |
| Operating Revenue |
$69.65 M |
$1.10 M |
$109.05 M |
$102.07 M |
$78.69 M |
$77.26 M |
$55.28 M |
$46.35 M |
$45.11 M |
$84.32 M |
| Cost of Revenue |
$0.00
|
$94.34 M
|
$52.57 M
|
$18.56 M
|
$38.31 M
|
$22.98 M
|
$7.42 M
|
$6.57 M
|
$6.12 M
|
$20.45 M
|
| Gross Profit |
$69.65 M
|
-$93.24 M
|
$56.48 M
|
$83.51 M
|
$40.38 M
|
$54.28 M
|
$47.86 M
|
$39.78 M
|
$38.98 M
|
$63.87 M
|
| Gross Profit Ratio |
1
|
-84.69
|
0.52
|
0.82
|
0.51
|
0.7
|
0.87
|
0.86
|
0.86
|
0.76
|
| Research and Development Expenses |
$0.00
|
$0.00
|
$0.18
|
$0.40
|
$0.17
|
$0.27
|
$0.33
|
$0.31
|
$0.37
|
$0.00
|
| General & Administrative Expenses |
$10.46 M
|
$10.68 M
|
$10.17 M
|
$7.76 M
|
$7.39 M
|
$7.21 M
|
$6.88 M
|
$6.73 M
|
$6.24 M
|
$31.12 M
|
| Selling & Marketing Expenses |
$0.00
|
$380,000.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General & Administrative Expenses |
$10.46 M
|
$10.68 M
|
$10.17 M
|
$7.76 M
|
$7.39 M
|
$7.21 M
|
$6.88 M
|
$6.73 M
|
$6.24 M
|
$31.12 M
|
| Other Expenses |
$0.00
|
$0.00
|
$22.98 M
|
-$48.64 M
|
-$63.88 M
|
-$46.97 M
|
-$8.82 M
|
-$8.40 M
|
-$8.30 M
|
-$8.06 M
|
| Operating Expenses |
$10.46 M
|
$10.30 M
|
$32.73 M
|
-$40.89 M
|
-$56.50 M
|
-$39.75 M
|
$6.88 M
|
$6.73 M
|
$6.24 M
|
$31.12 M
|
| Cost And Expenses |
$10.46 M
|
$104.64 M
|
$32.73 M
|
-$40.89 M
|
-$56.50 M
|
-$39.75 M
|
$6.88 M
|
$6.73 M
|
$6.24 M
|
$30.33 M
|
| Interest Income |
$157.72 M
|
$206.16 M
|
$170.17 M
|
$133.63 M
|
$121.05 M
|
$114.78 M
|
$118.28 M
|
$97.54 M
|
$81.96 M
|
$86.34 M
|
| Interest Expense |
$105.99 M
|
$117.20 M
|
$65.99 M
|
$50.08 M
|
$51.95 M
|
$62.58 M
|
$63.00 M
|
$51.19 M
|
$36.86 M
|
$36.34 M
|
| Depreciation & Amortization |
$4.76 M
|
$0.00
|
$78.11 M
|
$39.22 M
|
$54.83 M
|
$102.34 M
|
$79.24 M
|
$66.16 M
|
$51.28 M
|
$219,000.00
|
| EBITDA |
$0.00 |
$0.00 |
$95.22 M |
$61.18 M |
$0.00 |
$38.17 M |
$102.04 M |
$81.78 M |
$81.96 M |
$36.54 M |
| EBITDA Ratio |
0
|
0
|
0.87
|
0.6
|
0.29
|
0.49
|
1.85
|
1.76
|
1.72
|
0.86
|
| Operating Income Ratio |
0.85
|
-10.64
|
0.88
|
0.6
|
0.28
|
0.49
|
1.85
|
0.66
|
0.68
|
0.65
|
| Total Other Income/Expenses Net |
-$94.21 M
|
-$27.19 M
|
-$64.48 M
|
-$18.55 M
|
-$22.14 M
|
-$22.98 M
|
$446,000.00
|
$178,000.00
|
$0.00
|
$0.00
|
| Income Before Tax |
-$35.01 M
|
-$38.91 M
|
$30.26 M
|
$61.18 M
|
$22.19 M
|
$37.51 M
|
$39.04 M
|
$30.61 M
|
$30.68 M
|
$45.25 M
|
| Income Before Tax Ratio |
-0.5
|
-35.34
|
0.28
|
0.6
|
0.28
|
0.49
|
0.71
|
0.66
|
0.68
|
0.54
|
| Income Tax Expense |
-$18,000.00
|
-$39,000.00
|
$472,000.00
|
$722,000.00
|
$352,000.00
|
$515,000.00
|
$446,000.00
|
$178,000.00
|
$230,000.00
|
$1.93 M
|
| Net Income |
-$34.99 M
|
-$38.87 M
|
$29.79 M
|
$60.46 M
|
$21.84 M
|
$36.99 M
|
$38.60 M
|
$30.41 M
|
$40.34 M
|
$34.29 M
|
| Net Income Ratio |
-0.5
|
-35.3
|
0.27
|
0.59
|
0.28
|
0.48
|
0.7
|
0.66
|
0.89
|
0.41
|
| EPS |
-0.64 |
-0.72 |
0.58 |
1.43 |
0.66 |
1.29 |
1.35 |
1.07 |
1.42 |
1.2 |
| EPS Diluted |
-0.64 |
-0.72 |
0.57 |
1.42 |
0.66 |
1.28 |
1.35 |
1.07 |
1.41 |
1.2 |
| Weighted Average Shares Out |
$54.45 M
|
$54.28 M
|
$51.68 M
|
$42.40 M
|
$32.98 M
|
$28.61 M
|
$28.53 M
|
$28.48 M
|
$28.46 M
|
$28.50 M
|
| Weighted Average Shares Out Diluted |
$54.45 M
|
$54.28 M
|
$52.13 M
|
$42.68 M
|
$33.20 M
|
$28.85 M
|
$28.66 M
|
$28.55 M
|
$28.52 M
|
$28.60 M
|
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