Advanced Flower Capital Inc. (AFCG)

Advanced Flower Capital Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	51.99	70.29	81.5	38.14	12.6
Total Interest Expense	6.34	6.36	6.81	1.13	-
Net Interest Income	45.66	63.93	74.68	37.01	12.6
Revenue Before Loan Losses	45.66	63.93	74.68	37.01	12.6
Provision for Loan Losses	4.16	12.13	11.18	2.65	1.12
Revenue	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	15.89	19.85	22.07	12.65	5.71
Total Operating Expenses	17.28	20.86	23.41	14.4	5.71
Operating Income	24.21	30.94	40.1	19.97	5.77
EBT Excluding Unusual Items	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	14.31	22.38	36.96	21.04	10.35
Income Tax Expense	0.45	1.66	1.03	0.04	-
Earnings From Continuing Ops.	13.86	20.72	35.93	21	10.35
Earnings From Discontinued Ops.	2.92	0.23	-	-	-
Net Income	16.78	20.95	35.93	21	10.35
Preferred Dividends & Other Adjustments	0.45	0.28	0.15	0.04	-
Net Income to Common	16.34	20.67	35.78	20.96	10.35
Net Income Growth	-19.89%	-41.69%	71.10%	102.85%	-
Shares Outstanding (Basic)	21	20	20	13	6
Shares Outstanding (Diluted)	21	20	20	14	6
Shares Change (YoY)	2.67%	1.94%	44.53%	142.50%	-
EPS (Basic)	0.78	1.02	1.80	1.57	1.82
EPS (Diluted)	0.78	1.02	1.79	1.52	1.82
EPS Growth	-23.34%	-43.16%	17.76%	-16.39%	-
Dividend Per Share	1.620	2.000	2.230	1.670	0.840
Dividend Growth	-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	45.66	63.93	74.68	37.01	12.6

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Financial Services template. Financial Sources.

SEC Filings: 10-K · 10-Q