---
schema_version: "secwatch.filing_event.v1"
accession: "0001628280-22-029272"
form_type: "8-K"
ticker: "NLCP"
cik: "0001854964"
company_name: "NewLake Capital Partners, Inc."
filed_at: "2022-11-09T23:59:59+00:00"
generated_at: "2026-06-22T02:02:10.991170+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NewLake Q3 revenue $12.1M (+50% YoY), AFFO $10.6M; authorizes $10M buyback

## Summary
- Revenue $12.1M (up 15% QoQ, 50% YoY); net income $6.5M.
- AFFO $10.6M (+75% YoY), FFO $10.3M; sixth straight quarterly dividend increase to $0.37/share.
- Board authorized $10M stock repurchase program through Dec 31, 2023.
- Acquired Calypso cultivation facility ($30M sale-leaseback) and Ohio dispensary ($1.6M); revolving credit facility expanded to $90M.
- Cash $45M; $4.8M committed for tenant improvements; $65.4M invested in acquisitions YTD.

## SEC filing metadata
- accession: 0001628280-22-029272
- form_type: 8-K
- ticker: NLCP
- cik: 0001854964
- company_name: NewLake Capital Partners, Inc.
- filed_at: 2022-11-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854964/000162828022029272/0001628280-22-029272-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854964/000162828022029272/nclp8-kxpressrelease93022.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001628280-22-029272
- JSON: https://secwatch.observer/filing/0001628280-22-029272.json
- Plain text: https://secwatch.observer/filing/0001628280-22-029272.txt

## Key facts
- Earnings Releases
  NewLake Capital Partners, Inc. reported the third quarter ended September 30, 2022 results: revenue $12.1 million, net income $6.5 million.
  - Period: the third quarter ended September 30, 2022
  - Revenue: $12.1 million
  - Net income: $6.5 million
  - Result: reported results
  source text: 1933, as amended (the "Securities Act"). --- EX-99.1 (EX-99.1) --- -1 NewLake Capital Partners Reports Third Quarter 2022 Financial Results Third Quarter 2022 Revenue Totaled $12.1 Million, an Increase of 50% Year-Over-Year Third Quarter 2022 Net Income Attributable to Common Stockholders and Participating Securities totaled $6.5 Million FFO totaled $10.3 Million,
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854964/000162828022029272/0001628280-22-029272-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.