ACRE Ares Commercial Real Estate Corp

Overview and Growth

Fiscal 2025 results for Ares Commercial Real Estate Corp combined $54.83M of revenue with net loss of $902.00K and an operating cash inflow of $21.35M. At $54.83M, the top line establishes the operating scale supporting the company’s profit and cash-flow profile. Compared with $69.65M in fiscal 2024, revenue decreased 21.3%, a top-line contraction that reduced operating scale. Diluted shares averaged 54.89M; this is the reported share base over which the company’s diluted per-share earnings were spread. Compared with 54.45M diluted shares in fiscal 2024, the current 54.89M base was 0.8% higher. The company employed $1.62B of total assets, the balance-sheet base supporting its current operating and cash-flow results. The revenue-to-assets relationship was 0.03x, showing the sales generated relative to the resources carried on the balance sheet.

Profitability

The company ended the period with a net loss of $902.00K, extending the operating result through all remaining items. The net loss equaled 1.6% of revenue, showing the bottom-line deficit relative to the company’s sales base. Before income taxes, the company recorded a loss of $617.00K, bridging the operating result to the final net loss. Measured against revenue, the pretax deficit represented 1.1%. Income tax expense totaled $285.00K, providing the reported tax component that separates pretax and after-tax earnings. The loss-to-equity relationship was 0.2%, placing the bottom-line deficit against shareholder capital. Relative to total assets, the net loss represented 0.1%. Compared with a $34.99M net loss in fiscal 2024, the current loss improved to $902.00K.

Liquidity and Capital Structure

The company held $1.62B of assets against $1.11B of liabilities and $509.57M of equity, revealing how the asset base was financed. Cash and equivalents totaled $29.29M, identifying the most liquid reported component available within the broader current-asset balance. Total debt was $948.18M, establishing the amount of borrowing carried within the company’s capital structure. Against book equity, debt measured 1.86x, placing the company’s financial leverage in clear balance-sheet terms. Relative to total assets, debt measured 58.6%, showing how much of the asset base was matched by borrowing. Equity equaled 31.5% of assets, showing the shareholder-capital layer within the company’s balance sheet. Relative to total assets, liabilities measured 68.5%, complementing the separate equity-based view of the company’s capital structure. Measured against total assets, cash and equivalents represented 1.8%, a balance-sheet composition measure rather than a liquidity forecast. Compared with $1.75B in fiscal 2024, the current asset base moved 7.6% and finished lower. Reported equity changed 5.7% from $540.13M in fiscal 2024, placing the current capital base lower year over year. The reported cash balance changed 54.1% from $63.80M in fiscal 2024, ending lower year over year.

Cash Flow and Earnings Quality

The company reported $21.35M of operating cash flow, a cash inflow that shows the cash generated by operations. Compared with $35.55M in fiscal 2024, current operating cash flow of $21.35M was below the prior result.

Based on the annual report for the fiscal year ending Dec 31, 2025. Analysis generated Sep 24, 2026.