secwatch.observer — SEC 8-K summary
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Issuer:     Advanced Flower Capital Inc. (AFCG)
CIK:        0001822523
Form:       8-K
Filed at:   2022-08-09T23:59:59+00:00
Accession:  0001822523-22-000006
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1822523/000182252322000006/0001822523-22-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1822523/000182252322000006/afcg-20220809.htm
  HTML page:      https://secwatch.observer/filing/0001822523-22-000006

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