Advanced Flower Capital Inc. (AFCG)

Nasdaq: AFCG · West Palm Beach, FL · filing with the SEC since 2020

Grade4.2

◀ Past 4.3● Present 3.7▶ Future 4.6

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Income statement, as filed

In US dollars (USD), as filed; per-share figures in US dollars; share counts. The fiscal year ends in December.

Income statement, by fiscal year, newest first
Fiscal year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Report filed	Mar 4, 2026	Mar 13, 2025	Mar 7, 2024	Mar 7, 2023	Mar 10, 2022
Revenue	24,563,601	45,655,481	63,932,888^r	74,684,642	·
For lenders
Net interest income	·	·	·	74,684,642	37,013,641
Provision for credit losses	22,590,706	4,161,456	12,132,718	11,177,470	2,649,338
General and administrative	3,231,642	3,967,764	5,005,134^r	4,699,676	3,212,785
Total operating expenses	15,685,729	17,284,047	21,555,997^r	23,405,356	14,398,460
Interest expense	6,758,536	6,336,308	6,357,457	6,814,075	1,126,846
Interest and investment income	31,322,137	51,991,789	70,290,345^r	81,498,717	38,140,487
Income before income taxes	-21,286,805	14,309,724	22,376,714^r	36,958,721	21,035,664
Income tax expense	-613,379	447,587	1,659,337	1,026,324	35,167
Income from continuing operations	-20,673,426	13,862,137	20,717,377	·	·
Income from discontinued operations	0	2,922,068	234,622	·	·
Net income including non-controlling interests	-20,673,426	16,784,205	20,951,999	·	·
Net income	·	·	20,951,999	35,932,397	21,000,497
Preferred dividends	0	7,500	15,000	15,000	15,000
Net income to common shareholders	-21,042,347	16,336,677	20,674,605	35,782,098	·
Earnings per share, basic	-0.95	0.78	1.02	1.80	1.57
Earnings per share, diluted	-0.95	0.78	1.02	1.79	1.52
Weighted average shares, basic	22,246,019	20,821,239	20,321,091	19,842,222	13,373,778
Weighted average shares, diluted	22,282,784	20,888,980	20,345,919	19,957,737	13,808,845

As filed with the SEC, each figure from the newest report that carries it, and linked to it. Nothing here is computed.A dot is a line not tagged for that period. ^r restated by the company in a later report; ^b a share figure put on the newest basis or filed in the wrong unit. Hover a figure for its filing and note.

What each line is, and the XBRL concept behind it

Revenue what customers paid for what it soldus-gaap:RevenueFromContractWithCustomerExcludingAssessedTax

Net interest income interest earned less interest paidus-gaap:InterestIncomeExpenseNet

Provision for credit losses set aside for loans that may not be repaid

us-gaap:ProvisionForLoanLossesExpensed
us-gaap:ProvisionForLoanAndLeaseLosses

General and administrative the cost of running the company itselfus-gaap:GeneralAndAdministrativeExpense

Total operating expenses the running costs togetherus-gaap:OperatingExpenses

Interest expense what its borrowing costus-gaap:InterestExpense

Interest and investment income what its cash and investments earnedus-gaap:InvestmentIncomeInterest

Income before income taxes profit before taxus-gaap:IncomeLossFromContinuingOperationsBeforeIncomeTaxesExtraordinaryItemsNoncontrollingInterest

Income tax expense tax charged on the period's profitus-gaap:IncomeTaxExpenseBenefit

Income from continuing operations profit from the businesses it keepsus-gaap:IncomeLossFromContinuingOperationsIncludingPortionAttributableToNoncontrollingInterest

Income from discontinued operations profit or loss from businesses it sold or closedus-gaap:IncomeLossFromDiscontinuedOperationsNetOfTax

Net income including non-controlling interests the whole group's profit, minority holders' share includedus-gaap:ProfitLoss

Net income the profit or loss that belongs to the company's shareholdersus-gaap:NetIncomeLoss

Preferred dividends paid to preferred holders before common shareholdersus-gaap:PreferredStockDividendsIncomeStatementImpact

Net income to common shareholders what is left for common shareholdersus-gaap:NetIncomeLossAvailableToCommonStockholdersBasic

Earnings per share, basic net income per share outstandingus-gaap:EarningsPerShareBasic

Earnings per share, diluted net income per share, counting every share that could be issuedus-gaap:EarningsPerShareDiluted

Weighted average shares, basic the average count of shares outstandingus-gaap:WeightedAverageNumberOfSharesOutstandingBasic

Weighted average shares, diluted the average count with every share that could be issuedus-gaap:WeightedAverageNumberOfDilutedSharesOutstanding

SI Assistanton AFCG · research, not advice