Ares Commercial Real Estate Corporation (ACRE) quarterly income statement — complete revenue, gross profit & net income history
| Revenue | 27.48M | 29.29M | 27.25M | -4.33M | 14.95M | -490K | 10.89M | 410K | -26.04M | 16.56M | 19M | 24.99M |
| Revenue Growth % | 83.84% | 6078.16% | 150.32% | -1157.07% | 157.41% | -102.96% | -42.69% | -98.36% | -224.66% | -45.55% | -30.34% | -0.62% |
| Property Operating Expenses | 6.45M | 8.89M | 12.6M | -4.05M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Operating Income (NOI) | 21.04M | 20.4M | 14.65M | -285K | 14.95M | -490K | 10.89M | 410K | -26.04M | 16.56M | 19M | 24.99M |
| NOI Margin % | 76.54% | 69.65% | 53.76% | 6.58% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Operating Expenses | 13.25M | 10.94M | 10M | 10.75M | 14.95M | -490K | 10.89M | 410K | -26.04M | 16.56M | 19M | 24.99M |
| G&A Expenses | 2.24M | 2.27M | 2.51M | 3.02M | 2.72M | 2.39M | 2.81M | 3.23M | 3.21M | 2.65M | 2.47M | 3.15M |
| EBITDA | 8.7M | 11.44M | 6.66M | -8.72M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EBITDA Margin % | 31.65% | 39.04% | 24.44% | 201.11% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Depreciation & Amortization | 912K | 1.97M | 2.01M | 2.32M | 2.18M | 2.24M | 965K | 770K | 786K | 0 | 206K | 0 |
| D&A / Revenue % | 3.32% | 6.74% | 7.37% | -53.51% | 14.6% | -456.94% | 8.86% | 187.8% | -3.02% | 0% | 1.08% | 0% |
| Operating Income | 7.79M | 9.46M | 4.65M | -11.04M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Margin % | 28.33% | 32.3% | 17.07% | 254.61% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K |
| Interest Coverage | 0.45x | 0.59x | 0.31x | -0.69x | -0.12x | -0.10x | -0.04x | -0.03x | -0.03x | - | -0.01x | - |
| Non-Operating Income | 0 | 0 | 0 | 0 | 2.18M | 2.24M | 965K | 770K | 786K | 0 | 206K | 0 |
| Pretax Income | -9.57M | -3.86M | 4.65M | -11.04M | 9.63M | -10.68M | -5.88M | -6.13M | -12.32M | -39.5M | 9.17M | -2.24M |
| Pretax Margin % | -34.84% | -13.18% | 17.07% | 254.61% | 64.4% | 2179.8% | -54.04% | -1493.9% | 47.32% | -238.57% | 48.26% | -8.98% |
| Income Tax | 30K | 5K | -1K | 0 | 281K | -17K | -3K | 0 | 2K | -87K | -16K | -46K |
| Effective Tax Rate % | -0.31% | -0.13% | -0.02% | 0% | 2.92% | 0.16% | 0.05% | 0% | -0.02% | 0.22% | -0.17% | 2.05% |
| Net Income | -9.61M | -3.87M | 4.65M | -11.04M | 9.35M | -10.66M | -5.88M | -6.13M | -12.32M | -39.41M | 9.18M | -2.2M |
| Net Margin % | -34.95% | -13.19% | 17.07% | 254.61% | 62.52% | 2176.33% | -54.01% | -1493.9% | 47.33% | -238.04% | 48.34% | -8.8% |
| Net Income Growth % | -202.78% | 63.76% | 179.13% | -80.16% | 175.83% | 72.94% | -164.02% | -178.66% | -91.38% | -1454.4% | 1326.09% | -121.91% |
| Funds From Operations (FFO) | -8.69M | -1.89M | 6.66M | -8.72M | 11.53M | -8.43M | -4.92M | -5.36M | -11.54M | -37.55M | 9.39M | -2.2M |
| FFO Margin % | -31.63% | -6.46% | 24.45% | 201.11% | 77.11% | 1719.39% | -45.15% | -1306.1% | 44.31% | -226.82% | 49.43% | -8.8% |
| FFO Growth % | -175.41% | 77.55% | 235.54% | -62.76% | 199.91% | 77.57% | -152.34% | - | -111.3% | -1859.84% | 308.44% | - |
| FFO per Share | -0.16 | -0.03 | 0.12 | -0.16 | 0.21 | -0.15 | -0.09 | -0.10 | -0.21 | -0.69 | 0.17 | -0.04 |
| FFO Payout Ratio % | 0% | -442.41% | 125.59% | -95.85% | 120.79% | -163.91% | -281.02% | -257.67% | -157.94% | -45.2% | 204.36% | -880.16% |
| EPS (Diluted) | -0.17 | -0.07 | 0.08 | -0.20 | 0.17 | -0.20 | -0.11 | -0.11 | -0.23 | -0.73 | 0.17 | -0.04 |
| EPS Growth % | -200% | 65% | 175.82% | -81.82% | 173.91% | 72.6% | -164.71% | -172.28% | -91.67% | -1477.36% | 1600% | -120.2% |
| EPS (Basic) | -0.17 | -0.07 | 0.08 | -0.20 | 0.17 | -0.20 | -0.11 | -0.11 | -0.23 | -0.73 | 0.17 | -0.04 |
| Diluted Shares Outstanding | 55.32M | 54.95M | 55.78M | 54.86M | 55.69M | 54.5M | 54.46M | 54.43M | 54.4M | 54.11M | 54.8M | 54.35M |