AFCG Q3 2024 Earnings — Advanced Flower Capital Inc. Revenue & Financial Results | Market Cap Arena

AFCGAdvanced Flower Capital Inc.

$61M

Q3 2024 Earnings

Real Estate REIT - Specialty

Income Statement

Revenue

$9M-41.4% YoY

Gross Profit

$9M97.9% margin

Operating Income

$6M71.6% margin

Net Income

$1M15.9% margin

EPS (Diluted)

$0.07

QoQ Revenue Growth

-61.6%

Cash Flow

Operating Cash Flow

$3M

Free Cash Flow

$3M

Stock-Based Comp.

$218,643

Balance Sheet

Total Assets

$367M

Total Liabilities

$161M

Stockholders' Equity

$206M

Cash & Equivalents

$122M

Year-over-Year Comparison

Metric	Current	Year Ago	Change
Revenue	$9M	$15M	-41.4%
Gross Profit	$9M	$14M	-38.2%
Operating Income	$6M	-$2M	+366.6%
Net Income	$1M	$8M	-82.7%