AFC Gamma Q2 net income $11.4M, dividend up 47% to $0.56/share

Advanced Flower Capital Inc.

2022-Q2 EPS reported $1.10 revenue$36,839,941

Net income of $11.4M ($0.58 per basic share) vs $8.6M in Q2 2021; distributable earnings $13.6M ($0.69/share).
Total net interest income $19.9M, up 128% YoY; weighted average portfolio yield 18%.
Paid $0.56 regular quarterly dividend on July 15, 2022, a 47% increase from Q2 2021.
Book value $17.03 per share, up 2.5% from Dec 31, 2021; all loans current and performing.
Closed $154.7M new commitments YTD; $483.2M total commitments across 12 portfolio companies.

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.