Advanced Flower Capital Inc. (AFCG) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 12, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q2 FY2026, filed Aug 13, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the AFCG SEC filings page.
Advanced Flower Capital Inc. (AFCG) reported $24.6M in revenue for fiscal year 2025, down 46.2% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 5 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
The business is shrinking its financed asset base: 2025 brought a net loss, positive operating cash flow, and deleveraging.
The most revealing split is earnings quality: operating cash flow stayed positive in FY2025 at$11.2M while net income became a loss of$20.7M , so the accounting downturn was not a matching operating-cash drain. Operating cash flow had also been positive in FY2023 and FY2024, making the divergence a pattern across periods rather than a one-year coincidence.
Total assets fell from
FY2025 financing cash flow was an outflow of
Financial Health Signals
Advanced Flower Capital Inc. does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
Advanced Flower Capital Inc. passes 2 of 6 computable financial strength tests (3 of the nine could not be computed from available data). 2 of 4 profitability signals pass, no leverage/liquidity signals pass (rising debt, declining liquidity, or share dilution), neither operating efficiency signal passes.
Advanced Flower Capital Inc. reported a net loss of $20.7M while generating $11.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal.
Key Financial Metrics
Earnings & Revenue
Advanced Flower Capital Inc. reported $5.4M in net income in Q2 2026. This represents an increase of 140.7% from the same quarter a year earlier. Against the prior quarter it is down 53.1%.
Advanced Flower Capital Inc. earned $0.23 per diluted share (EPS) in Q2 2026. This represents an increase of 138.3% from the same quarter a year earlier. Against the prior quarter it is down 53.1%.
Not reported for Q2 2026.
Not reported for Q2 2026.
Cash & Balance Sheet
Advanced Flower Capital Inc. held $106.5M in cash as of Q2 2026; long-term debt is not reported for that period.
Advanced Flower Capital Inc. paid $0.05 per share in dividends in Q2 2026. This represents a decrease of 66.7% from the same quarter a year earlier. It is unchanged from the prior quarter.
Not reported for Q2 2026.
Margins & Returns
Advanced Flower Capital Inc.'s ROE was 2.9% in Q2 2026, measuring profit generated per dollar of shareholder equity. This is up 10.0 percentage points from the same quarter a year earlier. Against the prior quarter it is down 3.3 percentage points.
Not reported for Q2 2026.
Not reported for Q2 2026.
Not reported for Q2 2026.
Capital Allocation
None of these metrics is reported for Q2 2026.
AFCG Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | $5.2M-32.1% | $6.5M-26.5% | $6.2M-62.2% | $6.6M-47.8% | $7.6M-51.5% | $8.9M-41.8% |
| SG&A Expenses | $1.0M+20.3% | $860K+17.1% | $977K-4.8% | $674K-21.3% | $846K-18.1% | $735K-30.1% | $1.0M+9.6% | $857K-13.1% |
| Interest Expense | $1.9M+3.4% | $1.7M-4.9% | $1.5M-8.4% | $1.6M+3.7% | $1.9M+18.1% | $1.8M+13.2% | $1.6M+0.4% | $1.6M+2.6% |
| Income Tax | $456K+430.6% | $627K+457.4% | $287K+174.9% | -$875K-326.4% | -$138K-148.3% | $112K-29.0% | -$383K-158.6% | $386K-41.8% |
| Net Income | $5.4M+140.7% | $11.4M+180.9% | $914K+192.2% | -$12.5M-1002.7% | -$13.2M-180.0% | $4.1M+7616.6% | -$992K+89.2% | $1.4M-82.7% |
| EPS (Basic) | $0.23+138.3% | $0.49+172.2% | $0.04+157.1% | -$0.57-1050.0% | -$0.60-175.0% | $0.18+1900.0% | -$0.07+84.4% | $0.06-84.6% |
| EPS (Diluted) | $0.23+138.3% | $0.49+172.2% | $0.04 | -$0.57-1050.0% | -$0.60-175.0% | $0.18 | -$0.07+84.4% | $0.06-84.6% |
| Diluted Shares (Avg) | 23M+4.9% | 24M+6.4% | N/A | 22M+6.6% | 22M+8.2% | 22M | N/A | 21M+2.2% |
Not reported in any period shown, so not listed: Cost of Revenue, Gross Profit, R&D Expenses, Operating Income, EBITDA.
AFCG Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $399.7M+37.6% | $394.9M+22.8% | $275.6M-31.5% | $288.7M-21.2% | $290.6M-36.6% | $321.7M-32.5% | $402.1M-13.8% | $366.6M-17.6% |
| Cash & Equivalents | $106.5M+3023.4% | $112.7M+3297.2% | $38.6M-62.7% | $45.1M-63.1% | $3.4M-98.0% | $3.3M-96.0% | $103.6M+14.6% | $122.2M+66.9% |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Receivable | N/A | N/A | N/A | N/A | N/A | N/A | $0-100.0% | $0 |
| Long-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $212.4M+100.7% | $209.1M+73.0% | $100.0M-50.2% | $119.4M-25.6% | $105.9M-26.3% | $120.9M-27.1% | $200.7M+37.0% | $160.6M+51.0% |
| Total Equity | $187.3M+1.4% | $185.8M-7.5% | $175.6M-12.8% | $169.3M-17.8% | $184.7M-41.2% | $200.8M-35.4% | $201.4M-37.1% | $206.1M-39.2% |
| Retained Earnings | -$68.9M-0.7% | -$73.1M-41.0% | -$83.4M-64.4% | -$84.3M-99.0% | -$68.4M-87.3% | -$51.8M-29.8% | -$50.7M-69.3% | -$42.4M-287.0% |
Not reported in any period shown, so not listed: Current Assets, Inventory, Goodwill, Current Liabilities, Non-Current Liabilities, Long-Term Debt.
AFCG Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$6.2M-452.4% | -$30.8M-886.6% | -$561K-125.2% | $6.1M+131.3% | $1.8M-82.9% | $3.9M-38.5% | $2.2M-64.4% | $2.6M-51.6% |
| Stock-Based Compensation | $0-100.0% | $0-100.0% | N/A | $487K+122.9% | $485K+31.2% | $554K+1.9% | N/A | $219K-25.6% |
| Investing Cash Flow | N/A | N/A | $11.1M+119.4% | $27.4M+491.9% | $15.5M-86.3% | -$19.1M+64.6% | -$56.9M-668.8% | -$7.0M-54.7% |
| Financing Cash Flow | -$20K+99.9% | $105.0M+223.3% | -$17.0M-147.0% | $8.2M+118.7% | -$17.2M+51.2% | -$85.1M-1140.7% | $36.2M+12.4% | -$43.8M-345.9% |
| Dividends Paid | N/A | N/A | $72K-17.6% | $72K-57.0% | $111K-13.6% | $114K+100.2% | $87K+52.3% | $168K+154.0% |
Not reported in any period shown, so not listed: Depreciation & Amortization, Capital Expenditures, Free Cash Flow, Share Buybacks.
AFCG Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q2'2610-Q | Q1'2610-Q | Q4'2510-Q | Q3'2510-Q | Q2'2510-Q | Q1'2510-Q | Q4'2410-K | Q3'2410-Q |
|---|---|---|---|---|---|---|---|---|
| Net Margin | N/A | N/A | 17.6%+30.6pp | -191.3% | -212.2% | 61.2%+61.7pp | -13.0%+45.4pp | 15.6%-36.7pp |
| Return on Equity | 2.9%+10.0pp | 6.2%+4.1pp | 0.5%+1.0pp | -7.4%-8.1pp | -7.1%-12.4pp | 2.0%+2.0pp | -0.5%+2.4pp | 0.7%-1.7pp |
| Return on Assets | 1.3%+5.9pp | 2.9%+1.6pp | 0.3%+0.6pp | -4.3%-4.7pp | -4.5%-8.1pp | 1.3%+1.3pp | -0.3%+1.7pp | 0.4%-1.4pp |
| Debt-to-Equity | 1.13+0.6x | 1.13+0.5x | 0.57-0.4x | 0.70-0.1x | 0.57+0.1x | 0.60+0.1x | 1.00+0.5x | 0.78+0.5x |
| Asset Turnover | N/A | N/A | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x | 0.020.0x |
Not reported in any period shown, so not listed: Gross Margin, Operating Margin, Current Ratio, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Net Margin.
Similar Companies
Newest fiscal year on record for each company. The health score is the peer-relative Financial Health Score for that year; a dash means no score is published for it.
| Company | Fiscal year | Revenue | Net income | Net margin | Market cap | Health score |
|---|---|---|---|---|---|---|
| Advanced Flower Capital Inc. AFCG | FY2025 | $24.6M | -$20.7M | -84.2% | $68.8M | — |
| CHERRY HILL MORTGAGE INVESTMENT CORPORATION CHMI | FY2025 | $23.3M | $6.9M | 29.8% | $95.3M | 0/100 |
| Lument Finance Trust, Inc. LFT | FY2025 | N/A | -$2.7M | N/A | $27.2M | — |
| ACRES Commercial Realty Corp. ACR | FY2025 | $79.9M | $28.0M | 35.0% | $163.8M | 30/100 |
| Granite Point Mortgage Trust Inc. GPMT | FY2025 | $131.7M | -$41.2M | -31.2% | $31.5M | 4/100 |
| Rithm Property Trust Inc. RPT | FY2025 | N/A | -$2.7M | N/A | $83.8M | — |
Where Advanced Flower Capital Inc. Ranks
Frequently Asked Questions
What is Advanced Flower Capital Inc.'s annual revenue?
Advanced Flower Capital Inc. (AFCG) reported $24.6M in total revenue for fiscal year 2025. This represents a -46.2% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is Advanced Flower Capital Inc.'s revenue growing?
Advanced Flower Capital Inc. (AFCG) revenue declined by 46.2% year-over-year, from $45.7M to $24.6M in fiscal year 2025.
Is Advanced Flower Capital Inc. profitable?
No, Advanced Flower Capital Inc. (AFCG) reported a net income of -$20.7M in fiscal year 2025, with a net profit margin of -84.2%.
What is Advanced Flower Capital Inc.'s net profit margin?
Advanced Flower Capital Inc. (AFCG) had a net profit margin of -84.2% in fiscal year 2025, representing the share of revenue converted into profit after all expenses.
Does Advanced Flower Capital Inc. pay dividends?
Yes, Advanced Flower Capital Inc. (AFCG) paid $0.53 per share in dividends during fiscal year 2025.
What is Advanced Flower Capital Inc.'s return on equity (ROE)?
Advanced Flower Capital Inc. (AFCG) has a return on equity of -11.8% for fiscal year 2025, measuring how efficiently the company generates profit from shareholder equity.
What is Advanced Flower Capital Inc.'s operating cash flow?
Advanced Flower Capital Inc. (AFCG) generated $11.2M in operating cash flow during fiscal year 2025, representing cash generated from core business activities.
What are Advanced Flower Capital Inc.'s total assets?
Advanced Flower Capital Inc. (AFCG) had $275.6M in total assets as of fiscal year 2025, including both current and long-term assets.
What is Advanced Flower Capital Inc.'s debt-to-equity ratio?
Advanced Flower Capital Inc. (AFCG) had a debt-to-equity ratio of 0.57 as of fiscal year 2025, measuring the company's financial leverage by comparing total debt to shareholder equity.
What is Advanced Flower Capital Inc.'s return on assets (ROA)?
Advanced Flower Capital Inc. (AFCG) had a return on assets of -7.5% for fiscal year 2025, measuring how efficiently the company uses its assets to generate profit.
What is Advanced Flower Capital Inc.'s P/E ratio?
Advanced Flower Capital Inc. (AFCG) trades at 13.2x earnings, its market capitalization divided by net income of $5.2M net income, trailing 12 months to June 30, 2026. The market capitalization is $68.8M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Advanced Flower Capital Inc.'s price-to-sales ratio?
Advanced Flower Capital Inc. (AFCG) trades at 2.8x sales, its market capitalization divided by revenue of $24.6M revenue, FY2025. The market capitalization is $68.8M as of Oct 12, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is Advanced Flower Capital Inc.'s Piotroski F-Score?
Advanced Flower Capital Inc. (AFCG) has a Piotroski F-Score of 2 out of 6 computable signals; 3 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.
Are Advanced Flower Capital Inc.'s earnings high quality?
Advanced Flower Capital Inc. (AFCG) reported a net loss of $20.7M while generating $11.2M in operating cash flow. Operations generated cash despite the loss, but with no positive earnings behind it, the ratio between the two carries no quality signal. This ratio compares operating cash flow to net income. A ratio above 1.0x means the company generates more cash than its reported earnings, indicating sustainable, cash-backed profits. Ratios below 1.0x suggest earnings rely on accounting accruals rather than actual cash generation. Learn more in our complete guide to financial health indicators.