AFCG (Advanced Flower Capital Inc.) Stock Financials & Earnings | Market Cap Arena

AFCG (Advanced Flower Capital Inc.) Stock Financials & Earnings | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

Mkt Cap$61M

Real Estate·REIT - Specialty·🇺🇸 United States·NASDAQ

Revenue (TTM)$2M

Net Income (TTM)-$21M

EPS (TTM)-$0.95

Free Cash Flow (TTM)$11M

Gross Margin66.0%

Op. Margin-393.9%

Net Margin-980.8%

FCF Margin533.1%

P/S Ratio (TTM)28.9x

P/E Ratio (TTM)—

YoY Rev Growth-94.9%

Employees—

Earnings Reports

Revenue & Profitability

Quarter	Revenue	Gross Profit	Op. Income
Q1 23	$16M	$16M	$10M
Q2 23	$16M	$14M	-$3M
Q3 23	$15M	$14M	-$2M
Q4 23	$4M	$4M	-$1M
Q1 24	$8M	$8M	$2M
Q2 24	$23M	$23M	$17M
Q3 24	$9M	$9M	$6M
Q4 24	$2M	$2M	-$1M
Q1 25	$6M	$6M	$4M
Q2 25	-$10M	-$10M	-$12M
Q3 25	-$842K	-$842K	-$3M
Q4 25	$7M	$6M	$3M

Revenue Breakdown

Valuation

Quarter	P/S	P/E
Q1 23	1.0x	1.7x
Q2 23	1.0x	1.7x
Q3 23	1.0x	1.8x
Q4 23	1.2x	2.9x
Q1 24	1.5x	5.6x
Q2 24	1.2x	4.0x
Q3 24	1.4x	7.1x
Q4 24	1.5x	3.6x
Q1 25	1.5x	2.9x
Q2 25	8.3x	—
Q3 25	—	—
Q4 25	28.9x	—

Operating Cash Flow

Quarter	Operating CF	Free CF
Q1 23	$4M	$4M
Q2 23	$5M	$5M
Q3 23	$5M	$5M
Q4 23	$6M	$6M
Q1 24	$6M	$6M
Q2 24	$10M	$10M
Q3 24	$3M	$3M
Q4 24	$2M	$2M
Q1 25	$4M	$4M
Q2 25	$2M	$2M
Q3 25	$6M	$6M
Q4 25	-$561K	-$561K

Capital Expenditures

CapEx

Quarter	CapEx
Q1 23	$0
Q2 23	$5
Q3 23	$2
Q4 23	$0
Q1 24	$0
Q2 24	$0
Q3 24	$0
Q4 24	$0
Q1 25	$4
Q2 25	$0
Q3 25	$0
Q4 25	$0

OpEx vs Revenue Growth (YoY)

Quarter	Revenue Growth	OpEx Growth
Q1 23	+0.6%	-10.5%
Q2 23	-14.6%	+223.6%
Q3 23	-15.6%	+223.3%
Q4 23	-67.6%	-14.6%
Q1 24	-51.6%	-3.6%
Q2 24	+45.0%	-69.3%
Q3 24	-41.4%	-85.6%
Q4 24	-38.0%	-29.8%
Q1 25	-23.6%	-65.7%
Q2 25	-142.6%	-58.8%
Q3 25	-109.7%	-9.8%
Q4 25	+185.4%	+10.3%

Stock-Based Compensation

Quarter	SBC ($)	% of Revenue
Q1 23	$269K	1.7%
Q2 23	$131K	0.8%
Q3 23	$294K	2.0%
Q4 23	$295K	7.9%
Q1 24	$543K	7.0%
Q2 24	$369K	1.6%
Q3 24	$219K	2.5%
Q4 24	$260K	11.2%
Q1 25	$554K	9.3%
Q2 25	$485K	—
Q3 25	$487K	—
Q4 25	$0	0.0%

OpEx Breakdown

Quarter	G&A	S&M
Q1 23	$5M	$281K
Q2 23	$1M	—
Q3 23	$1M	—
Q4 23	$5M	$303K
Q1 24	$5M	$543K
Q2 24	$5M	$369K
Q3 24	$2M	$219K
Q4 24	$3M	$260K
Q1 25	$1M	—
Q2 25	$2M	$485K
Q3 25	$2M	$487K

War Chest

Quarter	Cash	Short-term Investments	Total
Q1 23	$81M	$0	$81M
Q2 23	$82M	$0	$82M
Q3 23	$73M	$0	$73M
Q4 23	$90M	$0	$90M
Q1 24	$82M	$0	$82M
Q2 24	$170M	$0	$170M
Q3 24	$122M	$0	$122M
Q4 24	$104M	$0	$104M
Q1 25	$3M	$0	$3M
Q2 25	$3M	$0	$3M
Q3 25	$45M	$0	$45M
Q4 25	$39M	$0	$39M

Shares Outstanding

Shares Outstanding

Quarter	Shares (Diluted)	QoQ Change
Q1 23	20M	+0.4%
Q2 23	20M	-0.8%
Q3 23	20M	+0.1%
Q4 23	20M	-0.0%
Q1 24	20M	+0.3%
Q2 24	20M	+0.2%
Q3 24	21M	+1.7%
Q4 24	21M	+0.5%
Q1 25	22M	+5.8%
Q2 25	22M	+0.0%
Q3 25	22M	+0.2%
Q4 25	23M	+2.6%