AFCG Q2 2023 Earnings — Advanced Flower Capital Inc. Revenue & Financial Results | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

$61M

Q2 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$16M-14.6% YoY

Gross Profit

$14M89.7% margin

Operating Income

-$3M-19.8% margin

Net Income

$12M77.6% margin

EPS (Diluted)

$0.59

QoQ Revenue Growth

-3.1%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$130,769

Balance Sheet

Total Assets

$454M

Total Liabilities

$114M

Stockholders' Equity

$340M

Cash & Equivalents

$82M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$16M	$18M	-14.6%
Gross Profit	$14M	$18M	-23.4%
Operating Income	-$3M	$13M	-124.8%
Net Income	$12M	$11M	+6.9%