AFCG Q3 2022 Earnings — Advanced Flower Capital Inc. Revenue & Financial Results | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

$61M

Q3 2022 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$18M+41.5% YoY

Gross Profit

$18M100.0% margin

Operating Income

$12M69.8% margin

Net Income

$11M65.2% margin

EPS (Diluted)

$0.57

QoQ Revenue Growth

-3.9%

Cash Flow

Operating Cash Flow

$12M

Free Cash Flow

$12M

Stock-Based Comp.

$114,062

Balance Sheet

Total Assets

$471M

Total Liabilities

$124M

Stockholders' Equity

$347M

Cash & Equivalents

$36M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$18M	$12M	+41.5%
Gross Profit	$18M	$12M	+41.5%
Operating Income	$12M	$0	—
Net Income	$11M	$8M	+44.8%