AFCG Q3 2023 Earnings — Advanced Flower Capital Inc. Revenue & Financial Results | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

$61M

Q3 2023 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$15M-15.6% YoY

Gross Profit

$14M92.9% margin

Operating Income

-$2M-15.7% margin

Net Income

$8M53.7% margin

EPS (Diluted)

$0.39

QoQ Revenue Growth

-5.0%

Cash Flow

Operating Cash Flow

$5M

Free Cash Flow

$5M

Stock-Based Comp.

$294,014

Balance Sheet

Total Assets

$445M

Total Liabilities

$106M

Stockholders' Equity

$339M

Cash & Equivalents

$73M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$15M	$18M	-15.6%
Gross Profit	$14M	$18M	-21.6%
Operating Income	-$2M	$12M	-119.0%
Net Income	$8M	$11M	-30.5%