$321.25M Market Cap.
ACRE Market Cap. (MRY)
ACRE Shares Outstanding (MRY)
ACRE Assets (MRY)
Total Assets
$1.75B
Total Liabilities
$1.21B
Total Investments
$1.53B
ACRE Income (MRY)
Revenue
$69.65M
Net Income
-$34.99M
Operating Expense
$24.97M
ACRE Cash Flow (MRY)
CF Operations
$35.55M
CF Investing
$427.91M
CF Financing
-$507.63M
ACRE Dividends (MRY)
Period | Dividends | Yield % | Growth % | Payout Ratio | Coverage Ratio |
|---|---|---|---|---|---|
2024 | $0.75 | 12.70% | -44.85% | -117.19% | -0.85 |
2023 | $1.36 | 13.10% | -2.86% | -188.89% | -0.53 |
2022 | $1.40 | 13.60% | 0.00% | 241.38% | 0.41 |
2021 | $1.40 | 9.60% | 6.06% | 97.90% | 1.02 |
2020 | $1.32 | 11.10% | - | 200.00% | 0.50 |
ACRE Balance Sheet (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Total Assets | $1,751,206,000 (-23.19%) | $2,279,777,000 (-9.64%) | $2,523,002,000 (-4.14%) | $2,631,838,000 (36.40%) |
Assets Current | - | - | - | - |
Assets Non-Current | - | - | - | - |
Goodwill & Intangible Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Shareholders Equity | $540,132,000 (-13.70%) | $625,849,000 (-16.28%) | $747,540,000 (10.15%) | $678,628,000 (43.47%) |
Property Plant & Equipment Net | $0 (0%) | $83,284,000 (0%) | $0 (0%) | $0 (0%) |
Cash & Equivalents | $66,294,000 (-39.98%) | $110,459,000 (-21.81%) | $141,278,000 (179.12%) | $50,615,000 (-32.31%) |
Accumulated Other Comprehensive Income | $37,000 (-75.82%) | $153,000 (-97.97%) | $7,541,000 (165.15%) | $2,844,000 (0%) |
Deferred Revenue | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Investments | $1,529,148,000 (-24.81%) | $2,033,680,000 (-8.64%) | $2,225,975,000 (-6.88%) | $2,390,444,000 (33.42%) |
Investments Current | - | - | - | - |
Investments Non-Current | - | - | - | - |
Inventory | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Receivables | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Trade & Non-Trade Payables | $3,790,000 (-8.34%) | $4,135,000 (-25.90%) | $5,580,000 (34.26%) | $4,156,000 (31.94%) |
Accumulated Retained Earnings (Deficit) | -$277,360,000 (-48.30%) | -$187,020,000 (-155.05%) | -$73,326,000 (-156.11%) | -$28,631,000 (-13.99%) |
Tax Assets | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Tax Liabilities | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Total Debt | $1,172,369,000 (-27.50%) | $1,616,989,000 (-6.89%) | $1,736,566,000 (-9.70%) | $1,923,198,000 (34.39%) |
Debt Current | - | - | - | - |
Debt Non-Current | - | - | - | - |
Total Liabilities | $1,211,074,000 (-26.78%) | $1,653,928,000 (-6.85%) | $1,775,462,000 (-9.10%) | $1,953,210,000 (34.10%) |
Liabilities Current | - | - | - | - |
Liabilities Non-Current | - | - | - | - |
ACRE Income Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Revenues | $69,650,000 (-25.05%) | $92,926,000 (-13.03%) | $106,849,000 (4.68%) | $102,069,000 (23.43%) |
Cost of Revenue | $12,964,000 (414.85%) | $2,518,000 (-41.56%) | $4,309,000 (-76.77%) | $18,548,000 (2.32%) |
Selling General & Administrative Expense | $14,281,000 (4.00%) | $13,732,000 (1.56%) | $13,521,000 (32.65%) | $10,193,000 (1.68%) |
Research & Development Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Operating Expenses | $24,966,000 (-3.96%) | $25,995,000 (-0.87%) | $26,222,000 (17.43%) | $22,329,000 (22.79%) |
Interest Expense | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Income Tax Expense | -$18,000 (53.85%) | -$39,000 (-108.26%) | $472,000 (-34.63%) | $722,000 (105.11%) |
Net Loss Income from Discontinued Operations | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Consolidated Income | -$34,993,000 (9.97%) | -$38,867,000 (-230.49%) | $29,785,000 (-50.74%) | $60,460,000 (176.83%) |
Net Income to Non-Controlling Interests | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income | -$34,993,000 (9.97%) | -$38,867,000 (-230.49%) | $29,785,000 (-50.74%) | $60,460,000 (176.83%) |
Preferred Dividends Income Statement Impact | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Income Common Stock | -$34,993,000 (9.97%) | -$38,867,000 (-230.49%) | $29,785,000 (-50.74%) | $60,460,000 (176.83%) |
Weighted Average Shares | $54,446,368 (0.30%) | $54,281,998 (5.04%) | $51,679,744 (21.89%) | $42,399,613 (28.57%) |
Weighted Average Shares Diluted | $54,446,368 (0.30%) | $54,281,998 (4.14%) | $52,126,256 (22.13%) | $42,681,505 (28.57%) |
Earning Before Interest & Taxes (EBIT) | -$35,011,000 (10.01%) | -$38,906,000 (-228.59%) | $30,257,000 (-50.55%) | $61,182,000 (175.69%) |
Gross Profit | $56,686,000 (-37.30%) | $90,408,000 (-11.83%) | $102,540,000 (22.77%) | $83,521,000 (29.35%) |
Operating Income | $31,720,000 (-50.76%) | $64,413,000 (-15.60%) | $76,318,000 (24.72%) | $61,192,000 (31.92%) |
ACRE Cash Flow Statement (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Net Cash Flow from Investing | $427,914,000 (235.72%) | $127,460,000 (-34.02%) | $193,173,000 (127.61%) | -$699,685,000 (-754.66%) |
Net Cash Flow from Financing | -$507,628,000 (-147.54%) | -$205,068,000 (-28.43%) | -$159,667,000 (-125.46%) | $627,174,000 (425.95%) |
Net Cash Flow from Operations | $35,549,000 (-24.02%) | $46,789,000 (-18.14%) | $57,157,000 (18.22%) | $48,350,000 (52.23%) |
Net Cash Flow / Change in Cash & Cash Equivalents | -$44,165,000 (-43.30%) | -$30,819,000 (-133.99%) | $90,663,000 (475.25%) | -$24,161,000 (-134.94%) |
Net Cash Flow - Business Acquisitions and Disposals | $3,614,000 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Net Cash Flow - Investment Acquisitions and Disposals | $424,658,000 (233.17%) | $127,460,000 (-34.02%) | $193,173,000 (127.61%) | -$699,541,000 (-757.35%) |
Capital Expenditure | -$358,000 (0%) | $0 (0%) | $0 (0%) | -$144,000 (47.45%) |
Issuance (Repayment) of Debt Securities | -$444,245,000 (-268.78%) | -$120,465,000 (36.43%) | -$189,497,000 (-138.34%) | $494,209,000 (424.94%) |
Issuance (Purchase) of Equity Shares | $0 (0%) | -$4,600,000 (-104.33%) | $106,267,000 (-48.11%) | $204,779,000 (179.63%) |
Payment of Dividends & Other Cash Distributions | -$59,640,000 (21.48%) | -$75,954,000 (-5.78%) | -$71,807,000 (-22.91%) | -$58,424,000 (-36.62%) |
Effect of Exchange Rate Changes on Cash | $0 (0%) | $0 (0%) | $0 (0%) | $0 (0%) |
Share Based Compensation | $4,739,000 (18.74%) | $3,991,000 (38.77%) | $2,876,000 (48.25%) | $1,940,000 (44.88%) |
Depreciation Amortization & Accretion | $4,760,000 (368.50%) | $1,016,000 (0%) | $0 (0%) | $825,000 (-7.51%) |
ACRE Financial Metrics (MRY)
Metric | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|
Gross Margin | 81.40% (-16.34%) | 97.30% (1.35%) | 96.00% (17.36%) | 81.80% (4.74%) |
Profit Margin | -50.20% (-20.10%) | -41.80% (-249.82%) | 27.90% (-52.87%) | 59.20% (124.24%) |
EBITDA Margin | -43.40% (-6.37%) | -40.80% (-244.17%) | 28.30% (-53.45%) | 60.80% (117.92%) |
Return on Average Equity (ROAE) | -6.10% (-7.02%) | -5.70% (-242.50%) | 4.00% (-56.99%) | 9.30% (97.87%) |
Return on Average Assets (ROAA) | -1.80% (-12.50%) | -1.60% (-245.45%) | 1.10% (-57.69%) | 2.60% (136.36%) |
Return on Sales (ROS) | -50.30% (-20.05%) | -41.90% (-248.06%) | 28.30% (-52.75%) | 59.90% (123.51%) |
Return on Invested Capital (ROIC) | -1.10% (-10.00%) | -1.00% (-242.86%) | 0.70% (-53.33%) | 1.50% (150.00%) |
Dividend Yield | 12.70% (-3.05%) | 13.10% (-3.68%) | 13.60% (41.67%) | 9.60% (-13.51%) |
Price to Earnings Ratio (P/E) | -9.2 (36.04%) | -14.39 (-181.11%) | 17.74 (74.48%) | 10.17 (-43.65%) |
Price to Sales Ratio (P/S) | 4.6 (-23.93%) | 6.05 (21.60%) | 4.98 (-17.60%) | 6.04 (27.18%) |
Price to Book Ratio (P/B) | 0.59 (-33.59%) | 0.9 (19.63%) | 0.75 (-25.62%) | 1.01 (19.60%) |
Debt to Equity Ratio (D/E) | 2.24 (-15.17%) | 2.64 (11.28%) | 2.38 (-17.48%) | 2.88 (-6.53%) |
Earnings Per Share (EPS) | -0.64 (11.11%) | -0.72 (-224.14%) | 0.58 (-59.44%) | 1.43 (116.67%) |
Sales Per Share (SPS) | 1.28 (-25.29%) | 1.71 (-17.21%) | 2.07 (-14.08%) | 2.41 (-4.03%) |
Free Cash Flow Per Share (FCFPS) | 0.65 (-25.06%) | 0.86 (-22.06%) | 1.11 (-2.73%) | 1.14 (19.06%) |
Book Value Per Share (BVPS) | 9.92 (-13.96%) | 11.53 (-20.29%) | 14.46 (-9.63%) | 16.01 (11.59%) |
Tangible Assets Book Value Per Share (TABVPS) | 32.16 (-23.42%) | 42 (-13.97%) | 48.82 (-21.35%) | 62.07 (6.09%) |
Enterprise Value Over EBIT (EV/EBIT) | -45 (18.18%) | -55 (-168.75%) | 80 (100.00%) | 40 (-50.00%) |
Enterprise Value Over EBITDA (EV/EBITDA) | -52.63 (6.96%) | -56.57 (-171.13%) | 79.53 (102.86%) | 39.21 (-48.99%) |
Asset Turnover | 0.04 (-10.26%) | 0.04 (-4.88%) | 0.04 (-4.65%) | 0.04 (4.88%) |
Current Ratio | - | - | - | - |
Dividends | $0.75 (-44.85%) | $1.36 (-2.86%) | $1.4 (0.00%) | $1.4 (6.06%) |
Free Cash Flow (FCF) | $35,191,000 (-24.79%) | $46,789,000 (-18.14%) | $57,157,000 (18.57%) | $48,206,000 (53.09%) |
Enterprise Value (EV) | $1,592,240,428 (-25.72%) | $2,143,477,181 (-10.93%) | $2,406,497,858 (-1.01%) | $2,431,109,477 (37.02%) |
Earnings Before Tax (EBT) | -$35,011,000 (10.01%) | -$38,906,000 (-228.59%) | $30,257,000 (-50.55%) | $61,182,000 (175.69%) |
Earnings Before Interest Taxes & Depreciation Amortization (EBITDA) | -$30,251,000 (20.16%) | -$37,890,000 (-225.23%) | $30,257,000 (-51.20%) | $62,007,000 (168.61%) |
Invested Capital | $2,857,281,000 (-24.54%) | $3,786,307,000 (-8.06%) | $4,118,290,000 (-8.57%) | $4,504,421,000 (37.09%) |
Working Capital | - | - | - | - |
Tangible Asset Value | $1,751,206,000 (-23.19%) | $2,279,777,000 (-9.64%) | $2,523,002,000 (-4.14%) | $2,631,838,000 (36.40%) |
Market Capitalization | $321,253,428 (-42.72%) | $560,896,181 (0.12%) | $560,214,858 (-18.03%) | $683,406,477 (71.58%) |
Average Equity | $571,809,250 (-15.86%) | $679,575,250 (-9.09%) | $747,487,750 (14.72%) | $651,595,250 (39.11%) |
Average Assets | $1,968,065,250 (-17.02%) | $2,371,821,000 (-9.32%) | $2,615,581,750 (10.76%) | $2,361,540,250 (18.06%) |
Invested Capital Average | $3,253,808,500 (-16.77%) | $3,909,495,000 (-10.83%) | $4,384,191,500 (10.09%) | $3,982,451,000 (16.05%) |
Shares | 54,542,178 (0.74%) | 54,140,558 (-0.55%) | 54,442,649 (15.83%) | 47,001,821 (40.55%) |
