Breakdown | |||||
TTM | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 | Dec 2020 |
---|---|---|---|---|---|
Income Statement | Total Revenue | ||||
40.85M | 35.76M | 66.11M | 71.54M | 38.08M | 5.60M | Gross Profit |
34.75M | 35.76M | 52.04M | 60.36M | 35.43M | 5.23M | EBIT |
24.11M | 13.86M | 26.98M | 43.77M | 21.04M | 4.78M | EBITDA |
18.52M | 20.65M | 26.98M | 43.77M | 22.16M | 0.00 | Net Income Common Stockholders |
20.91M | 16.78M | 20.95M | 35.93M | 21.00M | 4.31M |
Balance Sheet | Cash, Cash Equivalents and Short-Term Investments | ||||
3.32M | 103.61M | 121.63M | 140.37M | 125.13M | 9.62M | Total Assets |
321.66M | 402.06M | 466.59M | 519.18M | 464.85M | 93.96M | Total Debt |
88.76M | 188.61M | 130.01M | 157.13M | 171.42M | 48.63M | Net Debt |
85.44M | 85.00M | 39.63M | 16.76M | 62.17M | 39.01M | Total Liabilities |
120.85M | 200.68M | 146.53M | 180.12M | 191.77M | 1.54M | Stockholders Equity |
200.80M | 201.38M | 320.05M | 339.06M | 273.08M | 91.65M |
Cash Flow | Free Cash Flow | ||||
19.11M | 21.56M | 21.23M | 31.32M | 9.54M | 1.52M | Operating Cash Flow |
19.11M | 21.56M | 21.23M | 31.32M | 9.54M | 1.52M | Investing Cash Flow |
29.95M | -4.85M | 28.52M | -16.34M | -248.46M | -32.43M | Financing Cash Flow |
-128.04M | -34.72M | -68.49M | 16.15M | 338.54M | 40.53M |
On June 9, 2025, Advanced Flower Capital Inc. announced an expansion of its senior secured revolving credit facility to $50 million, with an additional $20 million commitment from its existing FDIC-insured banking partner. This expansion aims to fund commitments to existing borrowers, originate and participate in commercial loans to cannabis operators, and support general corporate purposes. The facility can be further expanded to $100 million, subject to lender participation. This move underscores the strength of AFC’s platform and strategy, as highlighted by CFO Brandon Hetzel, and is expected to enhance the company’s lending capabilities and strengthen its partnership with the banking partner.
The most recent analyst rating on (AFCG) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on AFC Gamma stock, see the AFCG Stock Forecast page.
On May 19, 2025, Advanced Flower Capital Inc. held its 2025 Annual Meeting of Shareholders. During the meeting, shareholders voted on the reelection of a director and the ratification of CohnReznick LLP as the independent registered public accounting firm for 2025. The reelection of the Class II director nominee was approved, extending their term until the 2028 Annual Meeting. Additionally, the appointment of CohnReznick LLP was ratified, securing their role in overseeing the company’s financial audits for the year.
The most recent analyst rating on (AFCG) stock is a Buy with a $13.00 price target. To see the full list of analyst forecasts on AFC Gamma stock, see the AFCG Stock Forecast page.