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Side-by-side financial comparison of Ares Commercial Real Estate Corp (ACRE) and GREENPOWER MOTOR Co INC. (GP). Click either name above to swap in a different company.

Ares Commercial Real Estate Corp is the larger business by last-quarter revenue ($13.2M vs $7.2M, roughly 1.8× GREENPOWER MOTOR Co INC.). Ares Commercial Real Estate Corp runs the higher net margin — -29.2% vs -65.6%, a 36.4% gap on every dollar of revenue. On growth, GREENPOWER MOTOR Co INC. posted the faster year-over-year revenue change (-11.5% vs -24.5%).

Ares Commercial Real Estate Corp is a specialty finance company focused on the commercial real estate sector. It offers a full suite of customized financing solutions including senior mortgage loans, subordinated debt and preferred equity, primarily serving middle-market commercial property owners and operators across the United States.

GreenPower Motor Company Inc. is a Canadian electric bus manufacturer and distributor in North America. The company fabricates multiple zero-emission models, including transit buses, school buses, and double decker buses. GreenPower headquarters are in Vancouver, British Columbia, with a sales office in Rancho Cucamonga, California; an assembly facility in Porterville, California; and a production facility in South Charleston, West Virginia. Its stock is traded on Nasdaq the United States.

ACRE vs GP — Head-to-Head

Bigger by revenue
ACRE
ACRE
1.8× larger
ACRE
$13.2M
$7.2M
GP
Growing faster (revenue YoY)
GP
GP
+13.0% gap
GP
-11.5%
-24.5%
ACRE
Higher net margin
ACRE
ACRE
36.4% more per $
ACRE
-29.2%
-65.6%
GP

Income Statement — Q4 FY2025 vs Q3 FY2025

Metric
ACRE
ACRE
GP
GP
Revenue
$13.2M
$7.2M
Net Profit
$-3.9M
$-4.7M
Gross Margin
14.6%
Operating Margin
-29.2%
Net Margin
-29.2%
-65.6%
Revenue YoY
-24.5%
-11.5%
Net Profit YoY
63.8%
-2.1%
EPS (diluted)
$-0.17

Green = leading value per metric. Periods may differ when fiscal calendars don't align.

8-Quarter Revenue & Profit Trend

Side-by-side quarterly history. Quarters aligned by calendar period so offset fiscal years line up.

Revenue
ACRE
ACRE
GP
GP
Q4 25
$13.2M
Q3 25
$14.1M
Q2 25
$12.6M
Q1 25
$14.9M
Q4 24
$17.5M
$7.2M
Q3 24
$16.7M
$5.3M
Q2 24
$16.8M
$3.0M
Q1 24
$18.7M
Net Profit
ACRE
ACRE
GP
GP
Q4 25
$-3.9M
Q3 25
$4.7M
Q2 25
$-11.0M
Q1 25
$9.3M
Q4 24
$-10.7M
$-4.7M
Q3 24
$-5.9M
$-4.7M
Q2 24
$-6.1M
$-5.4M
Q1 24
$-12.3M
Gross Margin
ACRE
ACRE
GP
GP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
14.6%
Q3 24
8.6%
Q2 24
7.4%
Q1 24
Operating Margin
ACRE
ACRE
GP
GP
Q4 25
-29.2%
Q3 25
33.0%
Q2 25
-87.8%
Q1 25
64.4%
Q4 24
-61.0%
Q3 24
-35.3%
Q2 24
-36.5%
Q1 24
-65.9%
Net Margin
ACRE
ACRE
GP
GP
Q4 25
-29.2%
Q3 25
33.0%
Q2 25
-87.8%
Q1 25
62.5%
Q4 24
-60.9%
-65.6%
Q3 24
-35.3%
-87.9%
Q2 24
-36.5%
-179.8%
Q1 24
-65.9%
EPS (diluted)
ACRE
ACRE
GP
GP
Q4 25
Q3 25
Q2 25
Q1 25
Q4 24
$-0.17
Q3 24
$-0.18
Q2 24
$-0.21
Q1 24

Balance Sheet & Financial Strength

Snapshot of each company's liquidity, leverage and book value from the latest quarter.

Metric
ACRE
ACRE
GP
GP
Cash + ST InvestmentsLiquidity on hand
$29.3M
$621.1K
Total DebtLower is stronger
$948.2M
Stockholders' EquityBook value
$509.6M
$2.1M
Total Assets
$1.6B
$37.4M
Debt / EquityLower = less leverage
1.86×

8-quarter trend — quarters aligned by calendar period.

Cash + ST Investments
ACRE
ACRE
GP
GP
Q4 25
$29.3M
Q3 25
$84.9M
Q2 25
$90.0M
Q1 25
$125.5M
Q4 24
$63.8M
$621.1K
Q3 24
$68.9M
$116.9K
Q2 24
$70.6M
$528.3K
Q1 24
$99.5M
Total Debt
ACRE
ACRE
GP
GP
Q4 25
$948.2M
Q3 25
Q2 25
Q1 25
Q4 24
$718.5M
Q3 24
Q2 24
Q1 24
Stockholders' Equity
ACRE
ACRE
GP
GP
Q4 25
$509.6M
Q3 25
$521.0M
Q2 25
$523.7M
Q1 25
$542.1M
Q4 24
$540.1M
$2.1M
Q3 24
$563.8M
$4.2M
Q2 24
$582.3M
$8.6M
Q1 24
$601.1M
Total Assets
ACRE
ACRE
GP
GP
Q4 25
$1.6B
Q3 25
$1.4B
Q2 25
$1.4B
Q1 25
$1.5B
Q4 24
$1.8B
$37.4M
Q3 24
$1.9B
$39.4M
Q2 24
$2.1B
$43.5M
Q1 24
$2.1B
Debt / Equity
ACRE
ACRE
GP
GP
Q4 25
1.86×
Q3 25
Q2 25
Q1 25
Q4 24
1.33×
Q3 24
Q2 24
Q1 24

Cash Flow & Capital Efficiency

How much cash each business actually produces after reinvestment. Cash flow is harder to manipulate than net income.

Metric
ACRE
ACRE
GP
GP
Operating Cash FlowLast quarter
$21.4M
$-1.1M
Free Cash FlowOCF − Capex
FCF MarginFCF / Revenue
Capex IntensityCapex / Revenue
Cash ConversionOCF / Net Profit
TTM Free Cash FlowTrailing 4 quarters

8-quarter trend — quarters aligned by calendar period.

Operating Cash Flow
ACRE
ACRE
GP
GP
Q4 25
$21.4M
Q3 25
$3.8M
Q2 25
$4.9M
Q1 25
$8.0M
Q4 24
$35.5M
$-1.1M
Q3 24
$8.4M
$-1.3M
Q2 24
$8.7M
$-3.2M
Q1 24
$11.4M
Cash Conversion
ACRE
ACRE
GP
GP
Q4 25
Q3 25
0.82×
Q2 25
Q1 25
0.86×
Q4 24
Q3 24
Q2 24
Q1 24

Financial Flow Comparison

Revenue → gross profit → operating profit → net profit for each company.

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