---
schema_version: "secwatch.filing_event.v1"
accession: "0001822523-23-000025"
form_type: "8-K"
ticker: "AFCG"
cik: "0001822523"
company_name: "Advanced Flower Capital Inc."
filed_at: "2023-08-08T23:59:59+00:00"
generated_at: "2026-06-12T02:39:58.475208+00:00"
event_type: "earnings"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001822523-23-000025
- form_type: 8-K
- ticker: AFCG
- cik: 0001822523
- company_name: Advanced Flower Capital Inc.
- filed_at: 2023-08-08T23:59:59+00:00
- event_type: earnings
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000025/0001822523-23-000025-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000025/afcg-20230808.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001822523-23-000025
- JSON: https://secwatch.observer/filing/0001822523-23-000025.json
- Plain text: https://secwatch.observer/filing/0001822523-23-000025.txt

## Key facts
- Earnings Releases
  Advanced Flower Capital Inc. reported financial results for the quarter ended June 30, 2023.
  - Period: the quarter ended June 30, 2023
  - Result: reported results
  source text: AFC Gamma, Inc. issued a press release announcing its financial and operational results for the quarter ended June 30, 2023.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1822523/000182252323000025/0001822523-23-000025-index.htm

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