Acres Commercial Realty Corp. - Understand $acr stock

$ACR Market Cap: $136.3 Million

Research Board Inbox Deep Research Not Interested Shortlisted

Financial Snapshot

Revenue

$117.9M

TTM

Gross Margin

78.37%

TTM

Net Earnings

$21.07M

TTM

Current Assets

$84.02M

Q3 2024

Current Liabilities

$144.1M

Q3 2024

Current Ratio

58.29%

Q3 2024

Total Assets

$2.010B

Q3 2024

Total Liabilities

$1.563B

Q3 2024

Book Value

$446.9M

Q3 2024

Cash

$70.07M

Q3 2024

P/E

6.469

Nov 29, 2024 EST

Free Cash Flow

-$25.51M

TTM

Revenues

Revenue YoY Change

Revenues

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$221.9M	$75.17M	$112.5M	$50.31M	$61.15M	$55.28M	$43.71M	$62.68M	$70.32M	$84.31M	$82.98M	$109.1M	$95.99M	$87.42M	$97.60M	$134.3M	$177.0M	$137.1M	$61.40M
YoY Change	195.23%	-33.2%	123.66%	-17.73%	10.61%	26.48%	-30.27%	-10.86%	-16.59%	1.59%	-23.97%	13.7%	9.8%	-10.43%	-27.33%	-24.12%	29.1%	123.29%

Expenses

Cost Of Revenues

Gross Profit

Gross Profit Margin

Gross Profit

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Revenue	$221.9M	$75.17M	$112.5M	$50.31M	$61.15M	$55.28M	$43.71M	$62.68M	$70.32M	$84.31M	$82.98M	$109.1M	$95.99M	$87.42M	$97.60M	$134.3M	$177.0M	$137.1M	$61.40M
Cost Of Revenue	$138.3M	$89.36M	$67.66M	$64.10M	$92.80M	$78.90M	$70.80M	$66.70M	$69.80M	$57.10M	$75.20M	$61.30M	$43.20M	$49.70M	$53.80M	$85.90M	$128.1M	$106.7M	$46.10M
Gross Profit	$83.67M	$68.14M	$44.86M	-$142.4M	$52.20M	$44.70M	$48.90M	$53.80M	$76.00M	$77.60M	$78.40M	$90.60M	$81.20M	$54.40M	$43.80M	$48.40M	$48.90M	$30.40M	$15.30M
Gross Profit Margin	37.7%	90.64%	39.87%	-283.04%	85.36%	80.86%	111.88%	85.83%	108.08%	92.05%	94.48%	83.01%	84.6%	62.23%	44.88%	36.04%	27.63%	22.17%	24.92%

Selling, General & Admin Expense

Research & Development

Depreciation, Depletion & Amortization

SGA Expense to Gross Profit Ratio

R&D To Gross Profit Ratio

DDA To Gross Profit Ratio

Operating Expenses Total

Operating Profits/Loss

Operational Expenses

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Selling, General & Admin	$52.00M	$47.12M	$22.88M	$16.50M	$11.50M	$13.40M	$18.60M	$18.20M	$18.80M	$26.10M	$39.00M	$22.50M	$13.70M	$9.700M	$7.700M	$6.400M	$6.500M	$6.200M	$4.700M
YoY Change	10.35%	106.0%	38.64%	43.48%	-14.18%	-27.96%	2.2%	-3.19%	-27.97%	-33.08%	73.33%	64.23%	41.24%	25.97%	20.31%	-1.54%	4.84%	31.91%
% of Gross Profit	62.15%	69.16%	50.99%		22.03%	29.98%	38.04%	33.83%	24.74%	33.63%	49.74%	24.83%	16.87%	17.83%	17.58%	13.22%	13.29%	20.39%	30.72%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization	$91.00K	$7.491M	$13.99M	$6.500M	$3.400M	$2.900M	$3.200M	$1.600M	$13.80M	$690.0K	$1.946M	$1.838M	$729.0K	$0.00	$0.00	$1.000M	$800.0K	$400.0K	$0.00
YoY Change	-98.79%	-46.45%	115.2%	91.18%	17.24%	-9.38%	100.0%	-88.41%	1900.0%	-64.54%	5.88%	152.13%			-100.0%	25.0%	100.0%
% of Gross Profit	0.11%	10.99%	31.18%		6.51%	6.49%	6.54%	2.97%	18.16%	0.89%	2.48%	2.03%	0.9%	0.0%	0.0%	2.07%	1.64%	1.32%	0.0%
Operating Expenses	$63.00M	$60.37M	$2.757M	$48.60M	$12.70M	$11.90M	$33.79M	$77.01M	$77.78M	$43.74M	$61.00M	$78.45M	$62.14M	$102.7M	$7.700M	$6.400M	$6.500M	$6.200M	$4.700M
YoY Change	4.35%	2089.74%	-94.33%	282.68%	6.72%	-64.78%	-56.13%	-0.98%	77.84%	-28.3%	-22.25%	26.25%	-39.51%	1234.19%	20.31%	-1.54%	4.84%	31.91%
Operating Profit	$20.67M	$7.764M	$42.11M	-$191.0M	$39.50M	$32.80M	$15.11M	-$23.21M	-$1.777M	$33.87M	$17.40M	$12.15M	$19.06M	-$48.33M	$36.10M	$42.00M	$42.40M	$24.20M	$10.60M
YoY Change	166.27%	-81.56%	-122.05%	-583.54%	20.43%	117.06%	-165.09%	1206.36%	-105.25%	94.62%	43.24%	-36.27%	-139.44%	-233.89%	-14.05%	-0.94%	75.21%	128.3%

Interest Expenses

Interest Expenses To Operating Income %

Other Expense/Income

Interest & Other Expense/Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Interest Expense	$130.8M	$82.32M	$61.58M	$0.00	$83.84M	$67.62M	$57.66M	$53.75M	$56.53M	$43.49M	$61.01M	$42.79M	$32.19M	$36.47M	$1.900M	-$1.600M	-$800.0K	-$8.600M	$300.0K
YoY Change	58.87%	33.7%		-100.0%	23.99%	17.27%	7.27%	-4.92%	29.97%	-28.71%	42.57%	32.95%	-11.74%	1819.26%	-218.75%	100.0%	-90.7%	-2966.67%
% of Operating Profit	632.67%	1060.33%	146.23%		212.25%	206.15%	381.56%			128.43%	350.61%	352.26%	168.86%		5.26%	-3.81%	-1.89%	-35.54%	2.83%
Other Income/Expense, Net	$527.0K	$2.998M	-$7.306M	-$193.3M	-$3.270M	-$4.271M	$44.15M	$13.99M	$19.89M	$17.15M	$23.43M	$33.76M	$3.869M	$34.76M	-$62.70M	-$46.00M	-$6.000M	$200.0K	$0.00
YoY Change	-82.42%	-141.03%	-96.22%	5812.45%	-23.44%	-109.67%	215.54%	-29.66%	16.0%	-26.81%	-30.6%	772.5%	-88.87%	-155.44%	36.3%	666.67%	-3100.0%

Income/Loss

Pretax Income

Income Tax

Net Profits/Loss

Pretax Income YoY Change

Income Tax Rate

Net Profits/Loss YoY Change

Basic EPS

Net Income To Revenue Ratio

Pretax & Net Income

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Pretax Income	$21.95M	$10.76M	$33.92M	-$197.7M	$36.20M	$27.00M	$54.10M	-$300.0K	$12.40M	$57.70M	$45.40M	$79.00M	$49.80M	$25.20M	$6.300M	-$3.300M	$9.200M	$15.70M	$10.90M
YoY Change	103.91%	-68.28%	-117.16%	-646.13%	34.07%	-50.09%	-18133.33%	-102.42%	-78.51%	27.09%	-42.53%	58.63%	97.62%	300.0%	-290.91%	-135.87%	-41.4%	44.04%
Income Tax	$97.00K	$336.0K	$0.00	$0.00	$0.00	-$343.0K	$6.613M	$10.99M	$1.354M	-$1.867M	-$1.041M	$14.60M	$12.04M	$5.721M	$0.00	-$200.0K	$300.0K	$100.0K	$0.00
% Of Pretax Income	0.44%	3.12%	0.0%		0.0%	-1.27%	12.22%		10.92%	-3.24%	-2.29%	18.48%	24.17%	22.7%	0.0%		3.26%	0.64%	0.0%
Net Earnings	$2.968M	$10.43M	$33.92M	-$197.7M	$35.97M	$27.43M	$33.34M	-$30.59M	$17.18M	$62.17M	$46.45M	$64.44M	$37.72M	$19.45M	$6.300M	-$3.100M	$8.900M	$15.60M	$10.90M
YoY Change	-71.53%	-69.27%	-117.16%	-649.72%	31.13%	-17.74%	-208.98%	-278.05%	-72.36%	33.83%	-27.92%	70.86%	93.94%	208.68%	-303.23%	-134.83%	-42.95%	43.12%
Net Earnings / Revenue	1.34%	13.87%	30.15%	-392.98%	58.82%	49.61%	76.28%	-48.81%	24.44%	73.74%	55.98%	59.05%	39.29%	22.24%	6.45%	-2.31%	5.03%	11.38%	17.75%
Basic Earnings Per Share	$0.35	-$1.00	$1.85	-$19.33	$2.45	$0.67	$0.18	-$1.73	-$0.43	$1.38	$1.32	$0.71	$0.54	$0.41
Diluted Earnings Per Share	$0.35	-$1.00	$3.475M	-$19.33	$2.43	$0.67	$0.18	-$1.73	-$0.43	$1.36	$1.31	$0.71	$0.53	$0.41	$3.000M	-$1.476M	$4.238M	$10.40M	$8.385M

Assets & Liabilities

Cash & Short-Term Investments

Cash & Equivalents

Cash To Operating Expenses Ratio

Inventory

Receivables

Total Short-Term Assets

Property, Plant And Equipment

Long-Term Investments

Total Long-Term Assets

Total Assets

Net Income To Total Assets Percentage

Accounts Payable

Short-Term Debt

Long Term Debt Due

Total Short-Term Liabilities

Long-Term Debt

Other Long-Term Liabilities

Total Long-Term Liabilities

Total Liabilities

Short-Term To Long-Term Debt Ratio

Short-Term Assets To Debt Ratio

Long-Term Debt To Net Income Ratio

Assets & Liabilities

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010	2009	2008	2007	2006	2005
Cash & Short-Term Investments	$83.45M	$66.23M	$35.50M	$29.40M	$80.00M	$82.80M	$181.5M	$116.0M	$78.80M	$79.90M	$262.3M	$85.30M	$43.10M	$29.50M	$52.00M	$14.60M	$6.000M	$5.400M	$17.70M
YoY Change	25.99%	86.57%	20.75%	-63.25%	-3.38%	-54.38%	56.47%	47.21%	-1.38%	-69.54%	207.5%	97.91%	46.1%	-43.27%	256.16%	143.33%	11.11%	-69.49%
Cash & Equivalents	$83.45M	$66.23M	$35.50M	$29.40M	$80.00M	$82.80M	$181.5M	$116.0M	$78.80M	$79.90M	$262.3M	$85.30M	$43.10M	$29.50M	$52.00M	$14.60M	$6.000M	$5.400M	$17.70M
Short-Term Investments
Other Short-Term Assets										$4.200M	$2.900M
YoY Change										44.83%
Inventory														$0.00
Prepaid Expenses
Receivables												-$17.70M	-$27.50M	-$34.20M	-$47.10M	-$43.90M			$700.0K
Other Receivables												$33.30M	$8.800M	$16.80M	$5.800M	$8.400M			$15.20M
Total Short-Term Assets	$95.23M	$78.20M	$41.61M	$36.80M	$88.00M	$91.00M	$264.5M	$141.7M	$108.2M	$141.3M	$281.0M	$100.9M	$24.40M	$12.10M	$10.70M	-$20.90M	$18.80M	$14.70M	$33.60M
YoY Change	21.78%	87.93%	13.08%	-58.18%	-3.3%	-65.6%	86.66%	30.96%	-23.43%	-49.72%	178.49%	313.52%	101.65%	13.08%	-151.2%	-211.17%	27.89%	-56.25%
Property, Plant & Equipment	$177.5M	$141.2M	$65.26M	$39.40M							$29.80M	$75.40M	$48.00M	$0.00
YoY Change	25.66%	116.44%	65.63%								-60.48%	57.08%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments	$1.548M	$1.548M	$16.45M	$7.900M	$541.8M	$452.6M	$224.0M	$217.4M	$283.7M	$356.3M	$295.8M	$301.8M	$227.4M	$117.5M	$79.50M	$59.00M	$67.30M	$422.5M	$1.391B
YoY Change	0.0%	-90.59%	108.19%	-98.54%	19.71%	102.05%	3.04%	-23.37%	-20.38%	20.45%	-1.99%	32.72%	93.53%	47.8%	34.75%	-12.33%	-84.07%	-69.62%
Other Assets	$71.04M	$92.35M	$266.3M	$38.40M	$31.20M	$30.30M	$130.6M	$391.1M	$564.2M	$134.8M	$68.50M	$96.90M	$143.4M	$172.6M	$85.10M	$60.40M	$119.5M	$32.70M	$23.60M
YoY Change	-23.07%	-65.32%	593.43%	23.08%	2.97%	-76.8%	-66.61%	-30.68%	318.55%	96.79%	-29.31%	-32.43%	-16.92%	102.82%	40.89%	-49.46%	265.44%	38.56%
Total Long-Term Assets	$2.101B	$2.298B	$2.243B	$1.617B	$2.366B	$2.040B	$1.648B	$1.912B	$2.657B	$2.587B	$1.870B	$2.377B	$2.260B	$1.922B	$1.781B	$1.957B	$2.053B	$1.788B	$2.012B
YoY Change	-8.6%	2.49%	38.67%	-31.65%	16.0%	23.81%	-13.82%	-28.06%	2.71%	38.33%	-21.33%	5.18%	17.6%	7.94%	-9.0%	-4.69%	14.83%	-11.12%
Total Assets	$2.196B	$2.377B	$2.284B	$1.654B	$2.454B	$2.131B	$1.912B	$2.054B	$2.766B	$2.729B	$2.151B	$2.478B	$2.285B	$1.934B	$1.791B	$1.936B	$2.072B	$1.803B	$2.046B
YoY Change
Accounts Payable	$13.96M	$10.39M	$7.025M	$2.100M	$3.400M	$7.600M	$5.200M	$4.500M	$3.300M	$9.300M	$12.70M	$18.00M	$6.300M	$3.300M	$4.200M	$3.700M	$4.000M	$4.300M	$500.0K
YoY Change	34.38%	47.91%	234.52%	-38.24%	-55.26%	46.15%	15.56%	36.36%	-64.52%	-26.77%	-29.44%	185.71%	90.91%	-21.43%	13.51%	-7.5%	-6.98%	760.0%
Accrued Expenses	$52.74M	$50.62M	$9.474M	$9.100M	$4.400M	$4.200M	$4.400M	$5.000M	$5.400M	$2.100M	$1.700M	$2.900M	$3.300M	$1.600M	$1.500M	$4.700M	$7.200M	$6.500M	$9.500M
YoY Change	4.19%	434.26%	4.11%	106.82%	4.76%	-4.55%	-12.0%	-7.41%	157.14%	23.53%	-41.38%	-12.12%	106.25%	6.67%	-68.09%	-34.72%	10.77%	-31.58%
Deferred Revenue
YoY Change
Short-Term Debt	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$0.00	$17.10M	$116.4M	$120.5M	$1.068B
YoY Change															-100.0%	-85.31%	-3.4%	-88.72%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities	$70.66M	$65.28M	$20.32M	$13.40M	$19.00M	$20.00M	$16.80M	$16.40M	$27.30M	$51.20M	$43.10M	$56.20M	$42.10M	$19.50M	$14.90M	$35.40M	$138.0M	$139.0M	$1.085B
YoY Change	8.25%	221.21%	51.66%	-29.47%	-5.0%	19.05%	2.44%	-39.93%	-46.68%	18.79%	-23.31%	33.49%	115.9%	30.87%	-57.91%	-74.35%	-0.72%	-87.19%
Long-Term Debt	$1.676B	$1.867B	$1.814B	$1.305B	$1.873B	$1.554B	$1.214B	$1.192B	$1.622B	$1.717B	$1.320B	$1.786B	$1.794B	$1.543B	$1.535B	$1.683B	$1.645B	$1.343B	$702.4M
YoY Change	-10.22%	2.9%	39.07%	-30.33%	20.49%	28.08%	1.85%	-26.53%	-5.54%	30.09%	-26.09%	-0.47%	16.25%	0.55%	-8.78%	2.32%	22.41%	91.26%
Other Long-Term Liabilities	$3.025M	$3.025M	$1.333M	$1.500M	$6.300M	$2.900M	$10.40M	$142.7M	$289.9M	$8.500M	$10.60M	$14.70M	$13.20M	$13.30M	$12.80M	$31.60M	$18.00M	$2.900M	$63.00M
YoY Change	0.0%	126.93%	-11.13%	-76.19%	117.24%	-72.12%	-92.71%	-50.78%	3310.59%	-19.81%	-27.89%	11.36%	-0.75%	3.91%	-59.49%	75.56%	520.69%	-95.4%
Total Long-Term Liabilities	$1.679B	$1.870B	$1.816B	$1.306B	$1.879B	$1.557B	$1.224B	$1.334B	$1.912B	$1.725B	$1.330B	$1.800B	$1.807B	$1.557B	$1.548B	$1.714B	$1.663B	$1.346B	$765.4M
YoY Change	-10.2%	2.99%	39.01%	-30.48%	20.67%	27.22%	-8.27%	-30.21%	10.79%	29.69%	-26.1%	-0.39%	16.11%	0.58%	-9.72%	3.12%	23.49%	75.89%
Total Liabilities	$1.760B	$1.941B	$1.836B	$1.320B	$1.898B	$1.577B	$1.241B	$1.349B	$1.947B	$1.793B	$1.378B	$1.865B	$1.855B	$1.586B	$1.563B	$1.750B	$1.801B	$1.485B	$1.850B
YoY Change	-9.32%	5.72%	39.13%	-30.47%	20.34%	27.12%	-8.05%	-30.69%	8.56%	30.18%	-26.14%	0.53%	16.97%	1.49%	-10.69%	-2.82%	21.22%	-19.72%

Ownership

Basic Shares Outstanding

Diluted Shares Outstanding

Preferred Stock

Treasury Stock Shares

Stock Issuance & Repurchase

Ownership Data

Concept	2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011	2010
Basic Shares Outstanding	8.416M	8.812M	9.736M	10.76M	10.48M	10.40M	30.84M	30.54M	32.28M shares	32.01M shares	29.62M shares	88.41M shares	70.41M shares	47.72M shares
Diluted Shares Outstanding	8.566M	8.812M	9.763M	10.76M	10.56M	10.46M	31.08M	30.54M	32.28M shares	32.31M shares	30.01M shares	89.28M shares	70.81M shares	47.91M shares
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

Book Value

Free Cash Flow

Free Cash Flow YoY

Free Cash Flow Margin

Dividends

Stock Price

Market Cap: $136.32 Million

About ACRES Commercial Realty Corp.

ACRES Commercial Realty Corp. is a real estate investment trust, which engages in the origination, holding, and management of commercial mortgage loans, and commercial real estate related debt investments. The company is headquartered in Uniondale, New York and currently employs 0 full-time employees. The company went IPO on 2006-02-07. The firm is primarily focused on originating, holding and managing commercial real estate (CRE) mortgage loans and equity investments in commercial real estate property through direct ownership and joint ventures. The firm is externally managed by ACRES Capital, LLC, a subsidiary of ACRES Capital Corp. (ACRES), a private commercial real estate lender dedicated to nationwide middle market CRE lending with a focus on multifamily, student housing, hospitality, industrial and office property in top United States markets. Its objective is to provide its stockholders with total returns over time, including the payment of quarterly distributions when approved by its board of directors and capital appreciation, while seeking to manage the risks associated with its investment strategies. The company invests in CRE whole loans, CRE mezzanine loans and CRE equity investments.

Industry: Real Estate Investment Trusts Peers: AG Mortgage Investment Trust, Inc. ANNALY CAPITAL MANAGEMENT INC Arlington Asset Investment Corp. BIMINI CAPITAL MANAGEMENT, INC. MANHATTAN BRIDGE CAPITAL, INC Ellington Credit Co Lument Finance Trust, Inc. Western Asset Mortgage Capital Corp