Advanced Flower Capital Inc. - Common Stock (AFCG)
4.5450
-1.1650 (-20.40%)
NASDAQ · Last Trade: Jun 15th, 2:25 PM EDT
Detailed Quote
Previous Close
5.710
Open
5.450
Bid
4.850
Ask
4.870
Day's Range
4.545 - 5.470
52 Week Range
4.340 - 10.88
Volume
1,296,187
Market Cap
-
PE Ratio (TTM)
-
EPS (TTM)
-
Dividend & Yield
0.9200 (20.24%)
1 Month Average Volume
218,604
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About Advanced Flower Capital Inc. - Common Stock (AFCG)
Advanced Flower Capital Inc is a company that focuses on the investment and cultivation of premium cannabis products. It engages in providing financial support to various cannabis operations and cultivators, enabling them to enhance their production capabilities and expand their market reach. The firm aims to leverage its expertise in the cannabis industry to deliver innovative solutions and sustainable growth for its portfolio companies while adhering to regulatory standards. By prioritizing quality and responsible practices, Advanced Flower Capital is committed to advancing the cannabis market and contributing to its maturation as a legitimate sector. Read More
WEST PALM BEACH, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC” or the “Company”) today announced its dividend for the quarter ending June 30, 2025.
WEST PALM BEACH, Fla., June 09, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) (“AFC”) today announced that it has expanded its senior secured revolving credit facility (“Credit Facility”) to $50 million with an additional $20 million commitment from the facility’s Lead Arranger, an FDIC-insured bank with over $75 billion of assets. AFC intends to use availability under the Credit Facility to fund commitments to existing borrowers, originate and participate in commercial loans to cannabis operators in line with its investment strategy, and support working capital and other general corporate purposes. The facility remains expandable to $100 million, subject to lender participation and available borrowing base.
First quarter 2025 GAAP net income of $4.1 million or $0.18 per basic weighted average common share and Distributable Earnings(1) of $4.5 million or $0.21 per basic weighted average common share
WEST PALM BEACH, Fla., May 02, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (NASDAQ: AFCG) (“AFC”) today announced that it has renewed its senior secured revolving credit facility (“Credit Facility”) with a lead commitment from an FDIC-insured bank with over $75 billion of assets. AFC intends to use availability under the Credit Facility to fund unfunded commitments to existing borrowers, to originate and participate in commercial loans to cannabis operators in line with its investment strategy, and for working capital and other general corporate purposes.
WEST PALM BEACH, Fla., April 15, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (NASDAQ: AFCG) (“AFC”) today announced that it will release its financial results for the first quarter ended March 31, 2025 on Wednesday, May 14th, 2025 before market open. Management will review AFC’s financial results at 10:00 am ET via webcast available on the Investor Relations website at AFC – Investor Relations. Participants are also invited to access the conference call by registering in advance at this link. A replay will be available one hour after the event.
Fourth quarter 2024 GAAP net loss of $(1.0) million or $(0.05) per basic weighted average common share and Distributable Earnings¹ of $6.3 million or $0.29 per basic weighted average common share
WEST PALM BEACH, Fla., Feb. 12, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq: AFCG) (“AFC”) today announced that it will release its financial results for the fourth quarter and full year ended December 31, 2024 on Thursday, March 13, 2025 before market open. Management will review AFC’s financial results at 10:00 am ET via webcast available on the Investor Relations website at investors.advancedflowercapital.com. Participants are also invited to access the conference call by registering in advance at this link. A replay will be available one hour after the event.
Advanced Flower Capital (AFCG) is a microcap mortgage REIT, that focuses on the cannabis industry. The company paid a $0.10 per share special dividend in 2024.
WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 2024.
Third quarter 2024 GAAP net income of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings(1) of $7.2 million or $0.35 per basic weighted average common share
AFC Gamma will report earnings for the quarter ended Sept. 30, 2024 on Wednesday, Nov. 13, 2024.The company will host a conference call to discuss its quarterly financial results at 10:00 am Eastern Time, the same day.Ascend Wellness will hold a conference call on Nov. 12, at 8:30 am ET following the release of its third quarter 2024 financial results.
