NASDAQ : AFCG
Advanced Flower Capital Inc. — Financial statements
Financials · Asset Management · United States
Last price 3.01 USD (Oct 30, 2026, 4:00 PM EDT) · Market cap 67.63M
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Financial statements
Income statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Interest and Dividend Income | 33.31M | 31.32M | 51.99M | 70.29M | 81.50M | 38.14M |
| Total Interest Expense | 6.73M | 6.76M | 6.34M | 6.36M | 6.81M | 1.13M |
| Net Interest Income | 26.57M | 24.56M | 45.66M | 63.93M | 74.68M | 37.01M |
| Revenue Before Loan Losses | 26.57M | 24.56M | 45.66M | 63.93M | 74.68M | 37.01M |
| Provision for Loan Losses | 7.44M | 22.59M | 4.16M | 12.13M | 11.18M | 2.65M |
| Revenue | 19.14M | 1.97M | 41.49M | 51.80M | 63.51M | 34.36M |
| Cost of Services Provided | 10.03M | 7.61M | 15.89M | 19.85M | 22.07M | 12.65M |
| Total Operating Expenses | 15.83M | 14.45M | 17.28M | 20.86M | 23.41M | 14.40M |
| Operating Income | 3.30M | -12.48M | 24.21M | 30.94M | 40.10M | 19.97M |
| EBT Excluding Unusual Items | -3.90M | -21.65M | 14.40M | 22.43M | 36.51M | 20.59M |
| Gain (Loss) on Sale of Investments | -93.34K | -1.34M | 450.00K | 450.00K | ||
| Other Unusual Items | 359.31K | 359.31K | 1.29M | |||
| Pretax Income | -3.54M | -21.29M | 14.31M | 22.38M | 36.96M | 21.04M |
| Income Tax Expense | -267.68K | -613.38K | 447.59K | 1.66M | 1.03M | 35.17K |
| Earnings From Continuing Ops. | -3.27M | -20.67M | 13.86M | 20.72M | 35.93M | 21.00M |
| Earnings From Discontinued Ops. | 2.92M | 234.62K | ||||
| Net Income | -3.27M | -20.67M | 16.78M | 20.95M | 35.93M | 21.00M |
| Preferred Dividends & Other Adjustments | 143.78K | 368.92K | 447.53K | 277.39K | 150.30K | 39.20K |
| Net Income to Common | -3.41M | -21.04M | 16.34M | 20.67M | 35.78M | 20.96M |
| Shares Outstanding (Basic) | 22.87M | 22.25M | 20.82M | 20.32M | 19.84M | 13.37M |
| Shares Outstanding (Diluted) | 22.87M | 22.25M | 20.89M | 20.35M | 19.96M | 13.81M |
| EPS (Basic) | -0.15 | -0.95 | 0.78 | 1.02 | 1.80 | 1.57 |
| EPS (Diluted) | -0.15 | -0.95 | 0.78 | 1.02 | 1.79 | 1.52 |
| Dividend Per Share | 0.25 | 0.53 | 1.62 | 2.00 | 2.23 | 1.67 |
| Operating Margin | 17.26% | -632.51% | 58.35% | 59.74% | 63.14% | 58.10% |
| Profit Margin | -17.84% | -1,066.57% | 39.37% | 39.91% | 56.34% | 61.00% |
| Effective Tax Rate | 3.13% | 7.41% | 2.78% | 0.17% | ||
| Revenue as Reported | 43.07M | 24.56M | 45.66M | 63.93M | 74.68M | 37.01M |
Balance sheet
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | 106.51M | 38.61M | 103.61M | 90.38M | 140.37M | 109.25M |
| Long-Term Investments | 289.76M | 15.88M | ||||
| Loans & Lease Receivables | 233.65M | 295.25M | 338.72M | 373.09M | 334.36M | |
| Other Receivables | 1.72M | 899.38K | 1.98M | 5.55M | 5.26M | 4.41M |
| Other Current Assets | 1.73M | 2.44M | 1.21M | 31.93M | 460.84K | 949.28K |
| Total Assets | 399.72M | 275.59M | 402.06M | 466.59M | 519.18M | 464.85M |
| Accounts Payable | 1.04M | 773.59K | 501.33K | 704.68K | 836.64K | 1.53M |
| Accrued Expenses | 3.68M | 1.85M | 4.03M | 5.87M | 9.97M | 9.92M |
| Short-Term Debt | 130.00M | 21.00M | 100.00M | 42.00M | 60.00M | 74.85M |
| Long-Term Debt | 76.58M | 76.32M | 88.61M | 88.01M | 97.13M | 96.57M |
| Other Current Liabilities | 1.13M | 76.47K | 7.54M | 9.94M | 12.18M | 8.90M |
| Other Long-Term Liabilities | 26.23K | 10.00K | ||||
| Total Liabilities | 212.45M | 100.03M | 200.68M | 146.53M | 180.12M | 191.77M |
| Common Stock | 226.89K | 235.29K | 223.33K | 204.58K | 203.64K | 163.87K |
| Additional Paid-In Capital | 255.93M | 258.69M | 251.87M | 349.81M | 348.82M | 274.17M |
| Retained Earnings | -68.89M | -83.36M | -50.71M | -29.96M | -9.96M | -1.09M |
| Comprehensive Income & Other | -168.75K | |||||
| Total Common Equity | 187.27M | 175.57M | 201.38M | 320.05M | 339.06M | 273.08M |
| Shareholders' Equity | 187.27M | 175.57M | 201.38M | 320.05M | 339.06M | 273.08M |
| Total Liabilities & Equity | 399.72M | 275.59M | 402.06M | 466.59M | 519.18M | 464.85M |
| Total Debt | 206.58M | 97.32M | 188.61M | 130.01M | 157.13M | 171.42M |
| Net Cash (Debt) | -100.07M | -58.72M | -85.00M | -39.63M | -16.76M | -62.17M |
| Net Cash Per Share | -4.37 | -2.64 | -4.07 | -1.95 | -0.84 | -4.50 |
| Filing Date Shares Outstanding | 22.67M | 23.53M | 22.60M | 20.67M | 20.49M | 19.74M |
| Total Common Shares Outstanding | 22.69M | 23.53M | 22.33M | 20.46M | 20.36M | 16.44M |
| Working Capital | -25.89M | 251.89M | 289.99M | 408.08M | 436.19M | 353.77M |
| Book Value Per Share | 8.25 | 7.46 | 9.02 | 15.64 | 16.65 | 16.61 |
| Tangible Book Value | 187.27M | 175.57M | 201.38M | 320.05M | 339.06M | 273.08M |
| Tangible Book Value Per Share | 8.25 | 7.46 | 9.02 | 15.64 | 16.65 | 16.61 |
Cash flow statement
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Net Income | -3.27M | -20.67M | 16.78M | 20.95M | 35.93M | 21.00M |
| Other Amortization | 781.39K | 876.41K | 1.03M | 950.88K | 921.51K | 135.01K |
| Loss (Gain) From Sale of Investments | -9.24M | 93.34K | 1.34M | -450.00K | -450.00K | |
| Provision for Credit Losses | 13.63M | 30.52M | 13.97M | 20.65M | 14.77M | 2.03M |
| Stock-Based Compensation | 5.80M | 6.84M | 1.39M | 988.91K | 1.34M | 1.75M |
| Change in Accounts Payable | 398.55K | 134.07K | -212.43K | -4.98M | -2.66M | -3.82M |
| Change in Other Net Operating Assets | 1.20M | -3.28M | -2.46M | -1.16M | 2.45M | 2.50M |
| Other Operating Activities | -40.65M | -4.27M | -14.03M | -19.30M | -20.13M | -10.12M |
| Operating Cash Flow | -31.49M | 11.24M | 21.56M | 21.23M | 31.32M | 9.54M |
| Sale (Purchase) of Intangibles | 2.31M | |||||
| Investment in Securities | 15.90M | -16.05M | ||||
| Net Decrease (Increase) in Loans Originated / Sold - Investing | 38.45M | 34.90M | 42.36M | 28.52M | -32.24M | -234.72M |
| Other Investing Activities | -47.21M | |||||
| Investing Cash Flow | 38.45M | 34.90M | -4.85M | 28.52M | -16.34M | -248.46M |
| Short-Term Debt Issued | 91.60M | 285.00M | 63.00M | 60.00M | 75.00M | |
| Long-Term Debt Issued | 100.00M | |||||
| Total Debt Issued | 368.80M | 91.60M | 285.00M | 63.00M | 60.00M | 175.00M |
| Short-Term Debt Repaid | -170.60M | -227.00M | -81.00M | -75.00M | ||
| Long-Term Debt Repaid | -12.52M | -7.74M | ||||
| Total Debt Repaid | -261.72M | -183.12M | -227.00M | -88.74M | -75.00M | |
| Net Debt Issued (Repaid) | 107.08M | -91.52M | 58.00M | -25.74M | -15.00M | 175.00M |
| Preferred Share Repurchases | -125.00K | |||||
| Issuance of Common Stock | 15.85M | 75.06M | 185.50M | |||
| Total Dividends Paid | -19.35M | -39.99M | -42.53M | -41.62M | -14.39M | |
| Other Financing Activities | -8.19M | -280.41K | -68.46M | -225.00K | -2.29M | -7.57M |
| Financing Cash Flow | 96.14M | -111.14M | -34.72M | -68.49M | 16.15M | 338.54M |
| Net Cash Flow | 103.10M | -65.00M | -18.02M | -18.75M | 31.13M | 99.62M |
| Cash Interest Paid | 5.92M | 6.01M | 5.31M | 5.55M | 5.85M | |
| Cash Income Tax Paid | 133.25K | 211.12K | 1.27M | 1.66M | 952.52K | 35.17K |
Ratios
Fiscal year January - December; amounts in USD.
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | |
|---|---|---|---|---|---|---|
| Market Capitalization | 67.63M | 64.39M | 182.87M | 246.11M | 320.33M | 374.24M |
| PE Ratio | 11.19 | 11.90 | 8.95 | 17.85 | ||
| PS Ratio | 3.53 | 32.64 | 4.41 | 4.75 | 5.04 | 10.89 |
| PB Ratio | 0.36 | 0.37 | 0.91 | 0.77 | 0.94 | 1.37 |
| P/OCF Ratio | 5.73 | 8.48 | 11.59 | 10.23 | 39.23 | |
| Debt / Equity Ratio | 1.10 | 0.55 | 0.94 | 0.41 | 0.46 | 0.63 |
| Net Debt / Equity Ratio | 0.53 | 0.33 | 0.42 | 0.12 | 0.05 | 0.23 |
| Quick Ratio | 0.80 | 11.52 | 3.58 | 7.43 | 6.25 | 4.71 |
| Current Ratio | 0.81 | 11.63 | 3.59 | 7.97 | 6.26 | 4.72 |
| Asset Turnover | 0.06 | 0.01 | 0.10 | 0.10 | 0.13 | 0.12 |
| Return on Equity (ROE) | -1.76% | -10.97% | 5.32% | 6.29% | 11.74% | 11.52% |
| Return on Assets (ROA) | -0.95% | -6.10% | 3.19% | 4.20% | 7.30% | 7.52% |
| Return on Invested Capital (ROIC) | 0.84% | -3.77% | 5.58% | 6.05% | 8.29% | 7.44% |
| Earnings Yield | -5.14% | -32.10% | 9.18% | 8.51% | 11.22% | 5.61% |
| Dividend Yield | 6.64% | 19.36% | 19.79% | 16.62% | 14.18% | 7.34% |
| Payout Ratio | 238.25% | 203.00% | 115.83% | 68.52% | ||
| Buyback Yield / Dilution | -5.53% | -6.50% | -2.67% | -1.94% | -44.53% | -142.50% |
| Total Shareholder Return | 1.12% | 12.87% | 17.12% | 14.68% | -30.35% | -135.16% |