ACRE Stock Annual Income Statement. Download in Excel
Ares Commercial Real Estate Corporation
ACRE 
NYE
Sector: Real Estate
Industry: REIT - Diversified
6.31
USD
0.08
(1.28%)
Previous close: 6.23 Open: 6.25 Bid: 6.23 Ask: 6.49
52 week range
6.02 11.24
Mkt Cap: 344 M Avg Vol (90 Days): 539,516
Last updated: Thursday 26th December 2024
Financials
ACRE Income Statement
Annual
| Dec-14 | Dec-15 | Dec-16 | Dec-17 | Dec-18 | Dec-19 | Dec-20 | Dec-21 | Dec-22 | Dec-23 | |
|---|---|---|---|---|---|---|---|---|---|---|
| Basic EPS from continuing operations | 0.96 | 0.91 | 1.07 | 1.35 | 1.29 | 0.66 | 1.43 | 0.58 | -0.72 | |
| Basic EPS total | 0.86 | 1.2 | 1.42 | 1.07 | 1.35 | 2.57 | 0.66 | 1.43 | 0.58 | -0.72 |
| Basic weighted shares outstanding | 28 M | 29 M | 28 M | 28 M | 29 M | 29 M | 33 M | 42 M | 52 M | 54 M |
| BasicDiscontinuousOperations | 0.25 | 0.51 | 1.35 | 1.28 | ||||||
| Cost of sales | 6 M | 5 M | 6 M | 7 M | 7 M | 7 M | 8 M | 12 M | 15 M | 12 M |
| Depreciation | 667000.0 | 892000.0 | 825000.0 | |||||||
| DepreciationAndAmortization | 667000.0 | 892000.0 | 825000.0 | |||||||
| DevelopmentExpense | 9 M | |||||||||
| Diluted EPS total | 0.85 | 1.2 | 1.41 | 1.07 | 0.35 | 1.28 | 0.66 | 1.42 | 0.57 | -0.72 |
| Diluted normalized net income/share | 0.95 | 0.91 | 1.07 | 1.35 | 1.28 | 0.66 | 1.42 | 0.57 | -0.72 | |
| Diluted weighted shares outstanding | 29 M | 29 M | 29 M | 29 M | 29 M | 29 M | 33 M | 43 M | 52 M | 54 M |
| DilutedDiscontinuousOperations | 0.24 | 0.51 | ||||||||
| Dividends paid per share | 1.0 | 1.0 | 1.04 | 1.08 | 1.16 | 1.32 | 1.4 | 1.32 | 1.32 | |
| Earnings from equity interest | -38 M | -44 M | -64 M | -74 M | -75 M | |||||
| EarningsFromEquityInterestNetOfTax | -38 M | -44 M | -64 M | -74 M | -75 M | |||||
| ExciseTaxes | -209000.0 | -153000.0 | ||||||||
| Fees | 16 M | 16 M | ||||||||
| GainOnSaleOfSecurity | -4 M | -10 M | ||||||||
| GainsLossOnDisposalOfDiscontinuedOperations | 7 M | 14 M | ||||||||
| GeneralAndAdministrativeExpense | 17 M | 8 M | 8 M | 8 M | 9 M | -20 M | -15 M | -14 M | 2 M | 4 M |
| Gross operating profit | 11 M | -5 M | -6 M | -7 M | -7 M | 70 M | 75 M | 90 M | 92 M | 81 M |
| Income before tax | 24 M | 36 M | 31 M | 31 M | 39 M | 38 M | 22 M | 61 M | 30 M | -39 M |
| Income restructuring and M&A | -799000.0 | -44000.0 | ||||||||
| Income taxes | -1 M | -11000.0 | 230000.0 | 178000.0 | 446000.0 | 515000.0 | 352000.0 | 722000.0 | 472000.0 | -39000.0 |
| InterestExpenseNonOperating | 34 M | 36 M | 37 M | 51 M | 63 M | 63 M | 52 M | 50 M | 66 M | 110 M |
| InterestIncomeOperating | 70 M | 86 M | 82 M | 98 M | 118 M | 115 M | 121 M | 134 M | 170 M | 199 M |
| MinorityInterests | -220000.0 | -9 M | -5 M | -25000.0 | 426 M | 473 M | ||||
| MiscOtherSpecialCharges | 17 M | 27 M | -768000.0 | -4 M | -995000.0 | |||||
| Net income from total operations | 24 M | 34 M | 40 M | 30 M | 39 M | 37 M | 22 M | 60 M | 30 M | -39 M |
| NetIncomeCommonStockholders | 24 M | 34 M | 40 M | 30 M | 39 M | 89 M | 22 M | 60 M | 30 M | -39 M |
| NetIncomeContinuousOperations | 24 M | 34 M | 40 M | 30 M | 39 M | 37 M | 22 M | 60 M | 30 M | 65 M |
| NetIncomeDiscontinuousOperations | 1 M | 7 M | 14 M | -20 M | -10000.0 | |||||
| NetNonOperatingInterestIncomeExpense | -34 M | -36 M | -37 M | -51 M | -63 M | -63 M | -52 M | -50 M | -64 M | -110 M |
| NetOperatingInterestIncomeExpense | 37 M | 50 M | ||||||||
| Operating income | -32 M | -14 M | -14 M | -15 M | -16 M | 37 M | 21 M | 21 M | -14 M | -13 M |
| Operating income before depreciation (EBITDA) | 63 M | 77 M | 68 M | 83 M | 101 M | 100 M | 74 M | 114 M | 92 M | 9 M |
| OperatingExpense | 43 M | 8 M | 8 M | 8 M | 9 M | -20 M | -15 M | -14 M | 2 M | 4 M |
| Other income net | -17 M | -27 M | 768000.0 | 38 M | 4 M | 64 M | 74 M | 11 M | ||
| Other special charges | 8 M | |||||||||
| OtherGandA | 17 M | 8 M | 8 M | 8 M | 9 M | -20 M | -15 M | -14 M | 2 M | 4 M |
| OtherOperatingExpenses | 800000.0 | 3 M | 3 M | |||||||
| OtherWriteOff | -3 M | -2 M | ||||||||
| ProvisionForGainLossOnDisposal | 1 M | -1 M | -146000.0 | -20 M | -10000.0 | |||||
| RentAndLandingFees | 9 M | 3 M | 3 M | 3 M | 3 M | |||||
| Research & development expense | 9 M | |||||||||
| RestructringAndMnAIncome | -799000.0 | -44000.0 | ||||||||
| Revenue per share | -4 M | -5 M | -6 M | -7 M | -7 M | -7 M | -7 M | 8 M | 10 M | 6 M |
| SalariesAndWages | 19 M | -835000.0 | -312000.0 | -581000.0 | -1 M | |||||
| Selling Gen & administrative expense | 25 M | 8 M | 8 M | 8 M | 9 M | -20 M | -15 M | -14 M | 2 M | 4 M |
| SellingAndMarketingExpense | 8 M | |||||||||
| Special income/charges | -8 M | 44000.0 | ||||||||
| Total Income available for interest expense (EBIT) | 57 M | 73 M | 68 M | 82 M | 102 M | 100 M | 74 M | 111 M | 96 M | 9 M |
| Total common shares outstanding | 29 M | 29 M | 28 M | 29 M | 29 M | 33 M | 33 M | 47 M | 55 M | 54 M |
| Total net income | 24 M | 34 M | 40 M | 30 M | 39 M | 37 M | 22 M | 60 M | 30 M | -39 M |
| Total ordinary shares | 55 M | 55 M | 55 M | 55 M | 55 M | 55 M | 55 M | 55 M | 55 M | 55 M |
| Total revenues | 680000.0 | 50 M | 13 M | 11 M | 55 M | 25 M | 14 M | 19 M | 3 M | 4 M |
| TotalExpenses | 49 M | 14 M | 14 M | 15 M | 16 M | -12 M | -7 M | -2 M | 17 M | 17 M |
| TotalRevenue | 65 M | 50 M | 13 M | 46 M | 55 M | 77 M | 83 M | 102 M | 109 M | 81 M |
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