For the quarter ending 2025-09-30, AFCG made $6,530,948 in revenue. -$12,490,506 in net income. Net profit margin of -191.25%.
| Income Statement | 2025-09-30 | 2025-06-30 | 2025-03-31 | 2024-09-30 |
|---|---|---|---|---|
| Net interest income | 6,530,948 | 6,203,335 | 6,642,977 | 8,882,316 |
| Management and incentive fees, net (less rebate of 235,670, 180,552, 624,992 and 769,545, respectively) | 715,138 | 680,358 | 816,190 | 981,785 |
| General and administrative expenses | 674,342 | 845,750 | 734,957 | 857,304 |
| Stock-based compensation | 487,436 | 484,502 | 553,749 | 218,643 |
| Professional fees | 354,803 | 361,104 | 371,936 | 417,466 |
| Bdc conversion expenses | 579,192 | 226,780 | - | - |
| Total expenses | 2,810,911 | 2,598,494 | 2,476,832 | 2,475,198 |
| (provision for) reversal of current expected credit losses | 7,372,778 | 15,851,566 | -699,424 | 181,370 |
| Realized (losses) gains on investments, net | 0 | 0 | - | - |
| Change in unrealized gains (losses) on loans at fair value, net | -9,712,427 | -1,055,970 | -685,478 | -4,621,702 |
| Net (loss) income from continuing operations before income taxes | -13,365,168 | -13,302,695 | 4,180,091 | 1,604,046 |
| Income tax (benefit) expense | - | -138,044 | - | - |
| Income tax (benefit) expense | -874,662 | -138,044 | 112,406 | 386,256 |
| Net (loss) income from continuing operations | -12,490,506 | -13,164,651 | 4,067,685 | 1,217,790 |
| Net income from discontinued operations, net of tax | 0 | 0 | - | 165,944 |
| Net (loss) income | -12,490,506 | -13,164,651 | 4,067,685 | 1,383,734 |
| Basic weighted average shares of common stock outstanding (in shares) | 22,114,761 | 22,114,341 | 22,097,979 | 20,684,149 |
| Diluted weighted average shares of common stock outstanding (in shares) | 22,160,176 | 22,116,886 | 22,110,102 | 20,785,848 |
| Total basic earnings per common share (in dollars per share) | -0.57 | -0.6 | 0.18 | 0.06 |
| Total diluted earnings per common share (in dollars per share) | -0.57 | -0.6 | 0.18 | 0.06 |
Advanced Flower Capital Inc. (AFCG)
Advanced Flower Capital Inc. (AFCG)