ARDC
Income statement / Annual
Last year (2023), Ares Dynamic Credit Allocation Fund, Inc.'s total revenue was $59.70 M,
a decrease of 237.49% from the previous year.
In 2023, Ares Dynamic Credit Allocation Fund, Inc.'s net income was $56.35 M.
See Ares Dynamic Credit Allocation Fund, Inc.’s key income statements, including revenue, expenses, profit, and income.
| Period |
FY-2023
|
FY-2022
|
FY-2021
|
FY-2020
|
FY-2019
|
FY-2018
|
FY-2017
|
FY-2016
|
| Period Ended |
12/31/2023 |
12/31/2022 |
12/31/2021 |
12/31/2020 |
12/31/2019 |
10/31/2018 |
10/31/2017 |
10/31/2016 |
| Operating Revenue |
$59.70 M
|
-$43.42 M
|
$39.77 M
|
$9.90 M
|
$19.27 M
|
$20.56 M
|
$53.21 M
|
$6.96 M
|
| Cost of Revenue |
$33.63 M |
$6.45 M |
$6.85 M |
$6.25 M |
$6.75 M |
$7.16 M |
$7.18 M |
$7.21 M |
| Gross Profit |
$26.08 M |
-$49.88 M |
$32.92 M |
$3.64 M |
$12.51 M |
$13.40 M |
$46.03 M |
-$255,545.00 |
| Gross Profit Ratio |
0.44 |
1.15 |
0.83 |
0.37 |
0.65 |
0.65 |
0.87 |
-0.04 |
| Research and Development
Expenses |
$0.00
|
-$1.90
|
$0.83
|
$1.32
|
$0.13
|
$0.00
|
$0.00
|
$0.00
|
| General & Administrative
Expenses |
$2.83 M
|
$2.41 M
|
$2.04 M
|
$2.00 M
|
$416,702.00
|
$1.95 M
|
$2.11 M
|
$0.00
|
| Selling & Marketing
Expenses |
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
$0.00
|
| Selling, General &
Administrative Expenses |
$2.83 M
|
$2.41 M
|
$2.04 M
|
$2.00 M
|
$416,702.00
|
$1.95 M
|
$2.11 M
|
$0.00
|
| Other Expenses |
$0.00 |
$272,000.00 |
$592,000.00 |
$522,328.00 |
$109,019.00 |
$537,017.00 |
$583,744.00 |
$31.10 M |
| Operating Expenses |
-$38.83 M |
$2.68 M |
$2.63 M |
$2.52 M |
$525,721.00 |
$2.48 M |
$2.70 M |
$31.10 M |
| Cost And Expenses |
-$32.65 M |
$2.68 M |
$2.63 M |
$2.52 M |
$525,721.00 |
$2.48 M |
$2.70 M |
-$21.47 M |
| Interest Income |
$50.44 M |
$43.91 M |
$39.55 M |
$36.86 M |
$6.07 M |
$44.07 M |
$42.38 M |
$0.00 |
| Interest Expense |
$7.73 M |
$5.70 M |
$2.80 M |
$2.33 M |
$707,788.00 |
$4.76 M |
$3.27 M |
$0.00 |
| Depreciation &
Amortization |
$0.00
|
$228,485.00
|
$236,558.00
|
$206,297.00
|
$171,860.00
|
$161,141.00
|
$52,516.00
|
$0.00
|
| EBITDA |
$64.91 M
|
-$40.41 M
|
$37.14 M
|
$11.31 M
|
$31.61 M
|
$17.19 M
|
$53.78 M
|
$30.84 M
|
| EBITDA Ratio |
1.09 |
0.93 |
0.93 |
0.75 |
0.97 |
1.11 |
1.01 |
4.43 |
| Operating Income Ratio
|
1.09
|
0.93
|
0.93
|
0.75
|
0.97
|
1.11
|
1.01
|
4.43
|
| Total Other
Income/Expenses Net |
-$8.33 M
|
-$5.43 M
|
$250,000.00
|
-$4.75 M
|
-$7.35 M
|
$6.59 M
|
$2.25 M
|
-$581,242.00
|
| Income Before Tax |
$56.88 M |
-$46.11 M |
$37.14 M |
$7.38 M |
$18.74 M |
$18.08 M |
$50.51 M |
$30.26 M |
| Income Before Tax Ratio
|
0.95
|
1.06
|
0.93
|
0.75
|
0.97
|
0.88
|
0.95
|
4.35
|
| Income Tax Expense |
$524,000.00 |
$272,000.00 |
$250,000.00 |
$190,000.00 |
$70,000.00 |
-$161,141.00 |
$75,133.00 |
$0.00 |
| Net Income |
$56.35 M |
-$46.11 M |
$37.14 M |
$7.38 M |
$18.74 M |
$18.08 M |
$50.51 M |
$30.26 M |
| Net Income Ratio |
0.94 |
1.06 |
0.93 |
0.75 |
0.97 |
0.88 |
0.95 |
4.35 |
| EPS |
2.46 |
-2.01 |
1.62 |
0.32 |
0.2 |
0.79 |
2.2 |
1.32 |
| EPS Diluted |
2.46 |
-2.01 |
1.62 |
0.32 |
0.2 |
0.79 |
2.2 |
1.32 |
| Weighted Average Shares
Out |
$22.92 M
|
$22.92 M
|
$22.92 M
|
$22.91 M
|
$22.91 M
|
$22.88 M
|
$22.96 M
|
$22.99 M
|
| Weighted Average Shares
Out Diluted |
$22.92 M
|
$22.92 M
|
$22.92 M
|
$22.91 M
|
$22.91 M
|
$22.88 M
|
$22.96 M
|
$22.99 M
|
| Link |
|
|
|
|
|
|
|
|
