AFC Gamma Q2 2023 GAAP net income $12.1M ($0.59/share); declares $0.48 dividend

Advanced Flower Capital Inc.

2023-Q2 EPS reported $1.08 revenue$32,931,739

GAAP net income of $12.1M, or $0.59 per basic weighted average common share.
Distributable Earnings (non-GAAP) of $9.9M, or $0.49 per basic weighted average common share.
Declared and paid a $0.48 per common share dividend for Q2 2023 (paid July 14).
CEO noted a new cannabis investment into a well-capitalized operator post-quarter with ample liquidity.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.8

Advanced Flower Capital Inc. reported financial results for the quarter ended June 30, 2023.

Period: the quarter ended June 30, 2023
Result: reported results

Exact text from the filing

AFC Gamma, Inc. issued a press release announcing its financial and operational results for the quarter ended June 30, 2023.

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31 earnings releases filed in the last 30 days. Browse all earnings releases →

Advanced Flower Capital Inc. filing history →

Source: SEC EDGAR

accession 0001822523-23-000025

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