AFCG Q1 2023 Earnings — Advanced Flower Capital Inc. Revenue & Financial Results | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

$61M

Q1 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$16M+0.6% YoY

Gross Profit

$16M100.0% margin

Operating Income

$10M64.6% margin

Net Income

$10M62.2% margin

EPS (Diluted)

$0.49

QoQ Revenue Growth

+39.5%

Cash Flow

Operating Cash Flow

$4M

Free Cash Flow

$4M

Stock-Based Comp.

$268,658

Balance Sheet

Total Assets

$448M

Total Liabilities

$110M

Stockholders' Equity

$338M

Cash & Equivalents

$81M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$16M	+0.6%
Gross Profit	$16M	$16M	+0.6%
Operating Income	$10M	$10M	+8.0%
Net Income	$10M	$10M	-1.3%