ACRES Commercial Realty Past Earnings Performance
Past criteria checks 2/6
ACRES Commercial Realty has been growing earnings at an average annual rate of 48.2%, while the Mortgage REITs industry saw earnings growing at 12.1% annually. Revenues have been growing at an average rate of 15% per year. ACRES Commercial Realty's return on equity is 5.8%, and it has net margins of 8.7%.
Key information
48.2%
Earnings growth rate
47.6%
EPS growth rate
| Mortgage REITs Industry Growth | 4.6% |
| Revenue growth rate | 15.0% |
| Return on equity | 5.8% |
| Net Margin | 8.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
How ACRES Commercial Realty makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 77 | 7 | 20 | 0 |
| 30 Jun 24 | 77 | 7 | 20 | 0 |
| 31 Mar 24 | 78 | 6 | 20 | 0 |
| 31 Dec 23 | 80 | 3 | 21 | 0 |
| 30 Sep 23 | 71 | -6 | 21 | 0 |
| 30 Jun 23 | 67 | -8 | 21 | 0 |
| 31 Mar 23 | 66 | -8 | 21 | 0 |
| 31 Dec 22 | 63 | -9 | 21 | 0 |
| 30 Sep 22 | 72 | 6 | 21 | 0 |
| 30 Jun 22 | 65 | -5 | 22 | 0 |
| 31 Mar 22 | 66 | 5 | 21 | 0 |
| 31 Dec 21 | 71 | 18 | 19 | 0 |
| 30 Sep 21 | 78 | 32 | 18 | 0 |
| 30 Jun 21 | 86 | 48 | 21 | 0 |
| 31 Mar 21 | 39 | 2 | 22 | 0 |
| 31 Dec 20 | 19 | -208 | 24 | 0 |
| 30 Sep 20 | 6 | -226 | 25 | 0 |
| 30 Jun 20 | 4 | -221 | 22 | 0 |
| 31 Mar 20 | 46 | -179 | 22 | 0 |
| 31 Dec 19 | 61 | 26 | 22 | 0 |
| 30 Sep 19 | 63 | 29 | 22 | 0 |
| 30 Jun 19 | 60 | 25 | 22 | 0 |
| 31 Mar 19 | 58 | 25 | 23 | 0 |
| 31 Dec 18 | 57 | 7 | 25 | 0 |
| 30 Sep 18 | 51 | -9 | 25 | 0 |
| 30 Jun 18 | 47 | 4 | 28 | 0 |
| 31 Mar 18 | 43 | 4 | 29 | 0 |
| 31 Dec 17 | 42 | 20 | 32 | 0 |
| 30 Sep 17 | 40 | 26 | 28 | 0 |
| 30 Jun 17 | 36 | -33 | 28 | 0 |
| 31 Mar 17 | 42 | -35 | 29 | 0 |
| 31 Dec 16 | 45 | -34 | 30 | 0 |
| 30 Sep 16 | 29 | -36 | 16 | 0 |
| 30 Jun 16 | 47 | 11 | 21 | 0 |
| 31 Mar 16 | 24 | -25 | 25 | 0 |
| 31 Dec 15 | 29 | -20 | 32 | 0 |
| 30 Sep 15 | 58 | -8 | 58 | 0 |
| 30 Jun 15 | 58 | -7 | 59 | 0 |
| 31 Mar 15 | 88 | 38 | 59 | 0 |
| 31 Dec 14 | 83 | 41 | 34 | 0 |
| 30 Sep 14 | 80 | 36 | 50 | 0 |
| 30 Jun 14 | 78 | 51 | 46 | 0 |
| 31 Mar 14 | 79 | 43 | 40 | 0 |
| 31 Dec 13 | 79 | 39 | 39 | 0 |
Quality Earnings: R9L has a large one-off gain of $5.8M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: R9L became profitable in the past.
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: R9L has become profitable over the past 5 years, growing earnings by 48.2% per year.
Accelerating Growth: R9L has become profitable in the last year, making the earnings growth rate difficult to compare to its 5-year average.
Earnings vs Industry: R9L has become profitable in the last year, making it difficult to compare its past year earnings growth to the Mortgage REITs industry (5.3%).
Return on Equity
High ROE: R9L's Return on Equity (5.8%) is considered low.