---
schema_version: "secwatch.filing_event.v1"
accession: "0001854964-23-000004"
form_type: "8-K"
ticker: "NLCP"
cik: "0001854964"
company_name: "NewLake Capital Partners, Inc."
filed_at: "2023-03-08T23:59:59+00:00"
generated_at: "2026-06-18T08:49:37.814212+00:00"
event_type: "earnings"
sentiment: "positive"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# NewLake Q4 revenue $12.2M (+36% YoY), full-year revenue $44.8M (+60%); declares $0.39 dividend

## Summary
- Q4 net income $6.7M; FFO-diluted $10.5M (+51%); AFFO-diluted $10.9M (+52%).
- Full-year net income $22.0M; FFO $35.2M (+79%); AFFO $38.7M (+78%).
- Declared Q1 2023 dividend $0.39/share; 2022 total dividends $1.44/share (+41% YoY).
- Rent collection issue: tenant Revolutionary Clinics unpaid in Q1; portfolio collection seen at 90-93%.
- Share repurchase program up to $10M authorized Nov 2022; cash $45.2M at Dec 31, 2022.

## SEC filing metadata
- accession: 0001854964-23-000004
- form_type: 8-K
- ticker: NLCP
- cik: 0001854964
- company_name: NewLake Capital Partners, Inc.
- filed_at: 2023-03-08T23:59:59+00:00
- event_type: earnings
- sentiment: positive
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01, 7.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1854964/000185496423000004/0001854964-23-000004-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1854964/000185496423000004/nclp-20230308.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001854964-23-000004
- JSON: https://secwatch.observer/filing/0001854964-23-000004.json
- Plain text: https://secwatch.observer/filing/0001854964-23-000004.txt

## Key facts
- Earnings Releases
  NewLake Capital Partners, Inc. reported the fourth quarter and year ended December 31, 2022 results: revenue $12.2 million, net income $6.7 million.
  - Period: the fourth quarter and year ended December 31, 2022
  - Revenue: $12.2 million
  - Net income: $6.7 million
  - Result: reported results
  source text: Partners Reports Fourth Quarter and Full-Year 2022 Financial Results; Declares First Quarter 2023 Common Stock Dividend of $0.39 per Share Fourth Quarter 2022 Revenue Totaled $12.2 Million, an increase of 35.7% Year-Over-Year Full Year 2022 Revenue Totaled $44.8 Million, an increase of 59.6% Year-Over-Year Fourth Quarter 2022 Net Income Attributable to Common
  evidence_url: https://www.sec.gov/Archives/edgar/data/1854964/000185496423000004/0001854964-23-000004-index.htm

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