Advanced Flower Capital Inc. (AFCG)

Advanced Flower Capital Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Interest and Dividend Income	60.33	70.54	81.5	38.14	12.6
Total Interest Expense	6.33	6.36	6.81	1.13	-
Net Interest Income	54	64.18	74.68	37.01	12.6
Revenue Before Loan Losses	54	64.18	74.68	37.01	12.6
Provision for Loan Losses	10.83	12.13	11.18	2.65	1.12
Revenue	43.16	52.04	63.51	34.36	11.48
Revenue Growth (YoY)	-27.59%	-18.05%	84.81%	199.25%	-
Cost of Services Provided	17.36	19.86	22.07	12.65	5.71
Total Operating Expenses	18.8	20.87	23.41	14.4	5.71
Operating Income	24.37	31.18	40.1	19.97	5.77
EBT Excluding Unusual Items	7.35	22.67	36.51	20.59	10.35
Gain (Loss) on Sale of Investments	-0.19	-1.34	0.45	0.45	-
Other Unusual Items	-	1.29	-	-	-
Pretax Income	7.16	22.61	36.96	21.04	10.35
Income Tax Expense	1.48	1.66	1.03	0.04	-
Net Income	8.59	20.95	35.93	21	10.35
Preferred Dividends & Other Adjustments	0.43	0.28	0.15	0.04	-
Net Income to Common	8.16	20.67	35.78	20.96	10.35
Net Income Growth	-74.04%	-41.69%	71.10%	102.85%	-
Shares Outstanding (Basic)	20	20	20	13	6
Shares Outstanding (Diluted)	20	20	20	14	6
Shares Change (YoY)	0.22%	1.95%	44.53%	142.50%	-
EPS (Basic)	0.40	1.02	1.80	1.57	1.82
EPS (Diluted)	0.40	1.02	1.79	1.52	1.82
EPS Growth	-75.22%	-43.16%	17.76%	-16.39%	-
Free Cash Flow	25.57	21.23	31.32	9.54	3.65
Free Cash Flow Per Share	1.25	1.04	1.57	0.69	0.64
Dividend Per Share	1.770	2.000	2.230	1.670	0.840
Dividend Growth	-14.90%	-10.31%	33.53%	98.81%	-
Operating Margin	56.45%	59.91%	63.15%	58.10%	50.27%
Profit Margin	18.91%	39.72%	56.34%	61.00%	90.15%
Free Cash Flow Margin	59.25%	40.79%	49.32%	27.76%	31.74%
Effective Tax Rate	20.73%	7.34%	2.78%	0.17%	-
Revenue as Reported	54	64.18	74.68	37.01	12.6

Source: S&P Capital IQ. Financial Services template. Financial Sources.