Advanced Flower Capital Inc.

Advanced Flower Capital Inc.

AFCGยทNASDAQ

$3.50

-4.6%
Real EstateREIT - Specialty

Advanced Flower Capital, Inc. provides commercial real estate finance services. It primarily engages in originating, structuring, underwriting and managing senior secured loans and other types of loans for established companies operating in the cannabis industry in states. The company was founded by Leonard Mark Tannenbaum on July 6, 2020 and is headquartered in West Palm Beach, FL.

At a Glance

Live Snapshot
Market Cap$82.35M
EPS-0.9500
P/E Ratio-3.68
Earnings Date08/13/2026
3Y-56.0%
5Y+173.0%
10Y+173.0%
3Y-158.0%
5Y-300.0%
10Y-300.0%
3Y-64.0%
5Y+640.0%
10Y+640.0%
Advanced Flower Capital Inc.

Advanced Flower Capital Inc. Profit Bridge

AFCG ยท NASDAQ
Revenue31.32M
Cost of Goods Sold (2.93M)
Gross Profit28.39M
Operating Expenses (42.05M)
Operating Income-13.65M
Interest Expense (6.76M)
Other Income/Expense-7.63M
Pretax Income-21.29M
Income Tax (-613.38K)
Net Income-20.67M
Net Income
-20.67M

Profitability Analysis

Gross Margin

90.7%

Exceptional pricing power and cost management. The company retains over half of revenue after direct costs.

Operating Margin

-43.6%

Operating losses indicate the core business is unprofitable. Requires restructuring or revenue growth.

Net Profit Margin

-66.0%

Net losses indicate the company is burning cash. Sustainability depends on path to profitability.

Profitability Insight

Margin squeeze alert: Healthy gross margins but weak operating margins suggest excessive operating expenses. Cost optimization could unlock significant value.

Advanced Flower Capital Inc. Income Statement

AFCG โ€ข NASDAQ

Advanced Flower Capital Inc. Income StatementDec 2025Dec 2024Dec 2023Dec 2022Dec 2021Dec 2020
REVENUE
31.3M
51.9M
51.8M
71.5M
38.1M
11.5M
GROSS PROFIT
(2.9M)
(10.4M)
(0.0)
(11.2M)
(2.6M)
(0.0)
28.4M
41.5M
51.8M
60.4M
35.4M
11.5M
OPERATING INCOME
(42M)
(17.3M)
(20.9M)
(6.3M)
-17M
(5.7M)
(4.7M)
(5.5M)
(20.9M)
(6M)
(5M)
(5.7M)
-13.7M
13.9M
30.9M
43.8M
21M
5.8M
PRE-TAX INCOME
(6.8M)
(6.3M)
(6.4M)
(6.8M)
(1.1M)
(0.0)
24.6M
45.7M
64.2M
74.7M
37M
0.0
(37.4M)
(11.8M)
(0.0)
-11.2M
-22M
(0.0)
-7.6M
447.6K
-8.6M
-3.1M
28M
4.6M
-21.3M
14.3M
22.4M
37M
21M
10.4M
NET INCOME
-613.4K
(447.6K)
(1.7M)
(1M)
(35.2K)
(0.0)
-20.7M
16.8M
21M
35.9M
21M
10.4M

SEC Filings

AFCG - Filing history and reports

Filing TypeFiling DatePeriod EndingFiscal YearActions
8-K

8-K 2026

N/A

May 28, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

May 07, 2026
May 07, 2026
2026
10-Q

10-Q 2026 Q1

Q1

May 07, 2026
March 31, 2026
2026
DEF 14A

DEF 14A 2026

N/A

April 17, 2026
May 28, 2026
2026
8-K

8-K 2026

N/A

March 30, 2026
March 27, 2026
2026
8-K

8-K 2026

N/A

March 04, 2026
March 04, 2026
2026
10-K

10-K 2025 FY

FY

March 04, 2026
December 31, 2025
2025
8-K

8-K 2026

N/A

January 29, 2026
January 27, 2026
2026
8-K

8-K 2026

N/A

January 16, 2026
January 13, 2026
2026
8-K

8-K 2025

N/A

January 05, 2026
December 31, 2025
2025
Showing 1 to 10 of 100 filings