secwatch.observer — SEC 8-K summary
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Issuer:     NewLake Capital Partners, Inc. (NLCP)
CIK:        0001854964
Form:       8-K
Filed at:   2022-03-17T23:59:59+00:00
Accession:  0001437749-22-006497
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

NewLake Capital Q4 revenue $9.0M (+122% YoY); AFFO $7.0M; dividend raised to $0.33/quarter
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- Revenue $9.0M Q4 2021 (+12% sequentially, +122% YoY); full-year revenue $28.2M (+142% YoY).
- Q4 net income attributable to common stockholders $4.3M (vs $2.9M prior year); FY net income $11.2M (vs -$10.7M).
- Q4 FFO $6.8M and AFFO $7.0M; FY 2021 FFO $19.1M and AFFO $21.0M.
- Invested $50M: acquired Missouri property leased to Organic Remedies and provided $30M loan to HDAI (PA).
- Declared Q1 2022 dividend $0.33/share ($1.32 annualized), payable April 14, 2022 to holders of record March 31.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854964/000143774922006497/0001437749-22-006497-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854964/000143774922006497/nlcp20220316_8k.htm
  HTML page:      https://secwatch.observer/filing/0001437749-22-006497

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer