Advanced Flower Capital Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Interest and Dividend Income	33.91	51.99	70.29	81.5	38.14	12.6
Total Interest Expense	6.89	6.34	6.36	6.81	1.13	-
Net Interest Income	27.01	45.66	63.93	74.68	37.01	12.6
Revenue Before Loan Losses	27.01	45.66	63.93	74.68	37.01	12.6
Provision for Loan Losses	27.84	4.16	12.13	11.18	2.65	1.12
Revenue	-0.82	41.49	51.8	63.51	34.36	11.48
Revenue Growth (YoY)	-	-19.90%	-18.43%	84.81%	199.25%	-
Cost of Services Provided	8.84	15.89	19.85	22.07	12.65	5.71
Total Operating Expenses	10.63	17.28	20.86	23.41	14.4	5.71
Operating Income	-11.45	24.21	30.94	40.1	19.97	5.77
EBT Excluding Unusual Items	-23.86	14.4	22.43	36.51	20.59	10.35
Gain (Loss) on Sale of Investments	-	-0.09	-1.34	0.45	0.45	-
Other Unusual Items	-	-	1.29	-	-	-
Pretax Income	-23.86	14.31	22.38	36.96	21.04	10.35
Income Tax Expense	-1.28	0.45	1.66	1.03	0.04	-
Earnings From Continuing Ops.	-22.58	13.86	20.72	35.93	21	10.35
Earnings From Discontinued Ops.	-	2.92	0.23	-	-	-
Net Income	-22.58	16.78	20.95	35.93	21	10.35
Preferred Dividends & Other Adjustments	0.38	0.45	0.28	0.15	0.04	-
Net Income to Common	-22.96	16.34	20.67	35.78	20.96	10.35
Net Income Growth	-	-19.89%	-41.69%	71.10%	102.85%	-
Shares Outstanding (Basic)	22	21	20	20	13	6
Shares Outstanding (Diluted)	22	21	20	20	14	6
Shares Change (YoY)	7.68%	2.67%	1.94%	44.53%	142.50%	-
EPS (Basic)	-1.04	0.78	1.02	1.80	1.57	1.82
EPS (Diluted)	-1.05	0.78	1.02	1.79	1.52	1.82
EPS Growth	-	-23.34%	-43.16%	17.76%	-16.39%	-
Dividend Per Share	0.860	1.620	2.000	2.230	1.670	0.840
Dividend Growth	-51.41%	-19.00%	-10.31%	33.53%	98.81%	-
Operating Margin	-	58.35%	59.74%	63.14%	58.10%	50.27%
Profit Margin	-	39.37%	39.91%	56.34%	61.00%	90.15%
Effective Tax Rate	-	3.13%	7.41%	2.78%	0.17%	-
Revenue as Reported	27.01	45.66	63.93	74.68	37.01	12.6

Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.