secwatch.observer — SEC 8-K summary
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Issuer:     NewLake Capital Partners, Inc. (NLCP)
CIK:        0001854964
Form:       8-K
Filed at:   2022-11-09T23:59:59+00:00
Accession:  0001628280-22-029272
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01, 7.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1854964/000162828022029272/0001628280-22-029272-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1854964/000162828022029272/nclp8-kxpressrelease93022.htm
  HTML page:      https://secwatch.observer/filing/0001628280-22-029272

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