AFCG Q1 2024 Earnings — Advanced Flower Capital Inc. Revenue & Financial Results | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

$61M

Q1 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$8M-51.6% YoY

Gross Profit

$8M100.0% margin

Operating Income

$2M29.4% margin

Net Income

-$54,116-0.7% margin

EPS (Diluted)

$-0.00

QoQ Revenue Growth

+107.9%

Cash Flow

Operating Cash Flow

$6M

Free Cash Flow

$6M

Stock-Based Comp.

$543,222

Balance Sheet

Total Assets

$476M

Total Liabilities

$166M

Stockholders' Equity

$311M

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$8M	$16M	-51.6%
Gross Profit	$8M	$16M	-51.6%
Operating Income	$2M	$10M	-78.0%
Net Income	-$54,116	$10M	-100.5%