Advanced Flower Capital Inc. reports developments as a publicly traded business development company that provides flexible credit solutions to lower middle-market companies. The company originates, structures, invests in and manages direct senior debt investments, including senior secured credit facilities for borrowers and sponsor-backed transactions across industries.
Recurring news for AFCG includes quarterly and annual financial results, net investment income, net asset value, Distributable Earnings, common stock distributions, investment fundings, leverage, and revolving credit facility activity. Company updates also cover its operating framework as a BDC and the financing sources used to support portfolio investments and general corporate purposes.
Advanced Flower Capital (Nasdaq: AFCG) reported third-quarter 2026 GAAP net investment income of $3.5 million, with earnings per share increasing sequentially. Net investment income per share was $0.16 versus $0.15 in the second quarter, while investment income declined to $8.6 million from $8.7 million. Net assets increased from operations by $6.4 million, versus $5.4 million.
Net asset value per share rose to $8.55 from $8.25 at June 30. Quarterly repurchases of 285,656 shares at an average $3.46 added $0.06 per share to net asset value. Debt fell to $197.0 million from $207.0 million, and debt-to-equity declined to 1.03x from 1.10x. The investment portfolio was $289.6 million across 18 investments, with a 13.3% yield on income-producing debt investments. AFC paid its unchanged $0.05 quarterly distribution on October 15, 2026.
Advanced Flower Capital (Nasdaq: AFCG) will release its third-quarter financial results on November 5, 2026, before market open. The results cover the quarter ended September 30, 2026. Management will review the results via webcast at 10:00 am ET that day, with a replay available one hour after the event.
Advanced Flower Capital (AFCG) declared a quarterly dividend of $0.05 per common share for the quarter ending September 30, 2026.
The dividend is payable on October 15, 2026 to stockholders of record as of September 30, 2026. The company states that this third quarter dividend is in line with the second quarter dividend.
Advanced Flower Capital (Nasdaq: AFCG) reported second quarter 2026 total investment income of $8.7 million and GAAP net investment income (NII) of $3.5 million, or $0.15 per weighted average share. Net unrealized gains were $1.9 million, leading to a $5.4 million net increase in net assets, or $0.23 per share.
Net asset value per share rose to $8.25 from $7.90 on March 31, 2026, supported by the repurchase of 839,406 shares for approximately $2.8 million, which added $0.17 per share of NAV accretion. The investment portfolio stood at $289.8 million across 17 portfolio companies, fully in senior secured first lien debt, with a 13.2% weighted average yield. Debt-to-equity was 1.10x, net debt-to-equity 0.53x, and total assets $399.7 million. AFC paid a regular quarterly cash distribution of $0.05 per share and had over $70 million in available liquidity as of June 30, 2026.
Advanced Flower Capital (Nasdaq: AFCG) will release its financial results for the second quarter ended June 30, 2026 on Thursday, August 13, 2026, before market open. Management will discuss the results on a webcast and conference call scheduled for 10:00 a.m. ET the same day, accessible via the Investor Relations section of AFC’s website and through advance call registration.
A replay of the event will be available approximately one hour after the call. According to AFC, the company distributes its earnings releases through its website and email lists, and interested parties can sign up online for updates. AFC describes itself as a publicly traded business development company focused on originating, structuring, investing in and managing direct senior debt investments of approximately $5 million to $50 million, targeting lower middle market companies across industries.
Advanced Flower Capital (Nasdaq: AFCG) has committed $7.0 million to a $25.0 million senior secured credit facility for a leading outpatient behavioral health platform. The facility consists of a term loan and a delayed draw term loan. An affiliate lender of AFC committed an additional $5.0 million, bringing the total commitment from AFC and its affiliate to $12.0 million. AFC funded $3.1 million at closing. Proceeds will refinance the borrower’s existing capital structure and support acquisition-driven growth. The credit facility is secured by a lien on all borrower assets, has a four-year term, and AFC holds approximately 28% of the total facility, while AFC and its affiliate together hold about 48%.
Advanced Flower Capital (Nasdaq:AFCG) declared a quarterly dividend of $0.05 per common share for the quarter ending June 30, 2026. The dividend will be paid on July 15, 2026 to shareholders of record on June 30, 2026, unchanged from the first quarter.
Advanced Flower Capital (Nasdaq: AFCG) reported Q1 2026 results for the period ended March 31, 2026. GAAP net investment income was $4.8M, or $0.21 per share; net increase in net assets was $11.4M, or $0.49 per share. NAV per share rose to $7.90 from $7.46. Gross investment fundings were $80.9M and net fundings $39.1M. Net debt-to-equity, net of cash, was 0.48x. The company paid a $0.05 common stock distribution on April 15, 2026, and authorized up to $5.0M for share repurchases through May 4, 2027.
AFC (NASDAQ: AFCG) will report financial results for the quarter ended March 31, 2026 on Thursday, May 7, 2026 before market open. Management will host a conference call and webcast at 10:00 am ET, with a replay available one hour after the event.
Webcast access, live registration, and email distribution options are available via AFC’s Investor Relations website.
AFC (NASDAQ:AFCG) on March 30, 2026 expanded its senior secured revolving credit facility to $80 million following a $30 million additional commitment from the facility’s lead arranger, an FDIC-insured bank with over $75 billion in assets.
The facility remains expandable to $100 million subject to lender participation and available borrowing base; AFC intends to use availability to fund existing borrower commitments, originate and participate in lower middle-market commercial loans, and support working capital and general corporate purposes.