Advanced Flower Capital Q3 GAAP net income $1.4M, distributable earnings $0.35/share, dividend $0.33

Advanced Flower Capital Inc.

2024-Q3 EPS reported $0.85 revenue$38,018,577

GAAP net income $1.4M ($0.06 per basic share); Distributable Earnings $7.2M ($0.35 per basic share).
Paid Q3 dividend of $0.33 per common share on Oct 15, totaling $7.2M in dividends.
Surpassed 2024 origination target of $100M in new originations; CEO cites strong momentum.
Focus on active portfolio management and origination; posted Q3 earnings presentation on investor relations site.

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