Ares Commercial Real Estate Corporation
ACRE · NYSE
12/31/2024 | 12/31/2023 | 12/31/2022 | 12/31/2021 | |
|---|---|---|---|---|
| Revenue | $87,802 | $1,101 | $109,046 | $102,069 |
| % Growth | 7,874.8% | -99% | 6.8% | – |
| Cost of Goods Sold | $0 | $0 | $0 | $18,558 |
| Gross Profit | $87,802 | $1,101 | $109,046 | $83,511 |
| % Margin | 100% | 100% | 100% | 81.8% |
| R&D Expenses | $0 | $0 | $0 | $0 |
| G&A Expenses | $20,227 | $22,004 | $10,171 | $7,757 |
| SG&A Expenses | $24,966 | $25,995 | $10,171 | $7,757 |
| Sales & Mktg Exp. | $4,739 | $3,991 | $0 | $0 |
| Other Operating Expenses | $0 | $0 | $98,875 | -$48,644 |
| Operating Expenses | $24,966 | $25,995 | $109,046 | -$40,887 |
| Operating Income | $62,836 | -$24,894 | $0 | $61,182 |
| % Margin | 71.6% | -2,261% | 0% | 59.9% |
| Other Income/Exp. Net | -$97,847 | -$14,012 | $30,257 | -$18,548 |
| Pre-Tax Income | $35,011 | $38,906 | $30,257 | $61,182 |
| Tax Expense | $18 | $39 | $472 | $722 |
| Net Income | -$34,993 | -$38,867 | $29,785 | $60,460 |
| % Margin | -39.9% | -3,530.2% | 27.3% | 59.2% |
| EPS | -0.64 | -0.72 | 0.58 | 1.43 |
| % Growth | 11.1% | -224.1% | -59.4% | – |
| EPS Diluted | -0.64 | -0.72 | 0.57 | 1.42 |
| Weighted Avg Shares Out | 54,446 | 54,282 | 51,680 | 42,400 |
| Weighted Avg Shares Out Dil | 54,446 | 54,282 | 52,126 | 42,682 |
| Supplemental Information | – | – | – | – |
| Interest Income | $157,717 | $206,155 | $170,171 | $133,631 |
| Interest Expense | $105,985 | $117,199 | $65,994 | $50,080 |
| Depreciation & Amortization | $0 | $0 | $0 | $39,222 |
| EBITDA | $0 | $0 | $0 | $61,182 |
| % Margin | 0% | 0% | 0% | 59.9% |