---
schema_version: "secwatch.filing_event.v1"
accession: "0001822523-22-000006"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2022-08-09T23:59:59+00:00"
generated_at: "2026-06-24T02:16:47.370993+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001822523-22-000006
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2022-08-09T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000182252322000006/0001822523-22-000006-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000182252322000006/afcg-20220809.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822523-22-000006
- JSON: https://secwatch.observer/filing/0001822523-22-000006.json
- Plain text: https://secwatch.observer/filing/0001822523-22-000006.txt

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