Advanced Flower Capital Inc. (AFCG) Financial Statements
In fiscal 2025, Advanced Flower Capital reported revenue of $24.6M, down 46.2% from $45.7M the year before. Net income was -$20.7M (a -84.2% net margin), or -$0.95 per diluted share. Operating activities generated $11.2M of cash. At fiscal year end, Advanced Flower Capital held $275.6M in total assets against $100.0M in total liabilities, including $38.6M of cash and equivalents.
Open the full interactive Advanced Flower Capital financials → Quarterly statements, key ratios, valuation history and price charts.
Advanced Flower Capital Key Stats
| Share Price | $3.10 |
|---|---|
| Market Cap | $71.9M |
| Revenue YoY Growth | -46.2% |
| 52-Week Range | $1.99 – $3.64 |
| Shares Outstanding | 23.2 million (basic, 2026 Q2) |
Advanced Flower Capital Income Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Revenue | $0 | $0 | $64.2M | $45.7M | $24.6M |
| Pre-Tax Income | $21.0M | $37.0M | $22.6M | $14.3M | -$21.3M |
| Income Tax | $35,167 | $1.0M | $1.7M | $447,587 | -$613,379 |
| Net Income | $21.0M | $35.9M | $21.0M | $16.8M | -$20.7M |
| Diluted EPS | $1.52 | $1.79 | $1.02 | $0.78 | -$0.95 |
Advanced Flower Capital Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $6.5M | $5.2M | $0 | $0 |
| Net Income | -$12.5M | $914,046 | $11.4M | $5.4M |
| Diluted EPS | -$0.57 | $0.04 | $0.49 | $0.23 |
Advanced Flower Capital Balance Sheet
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash & Equivalents | $109.2M | $140.4M | $121.6M | $103.6M | $38.6M |
| Total Assets | $464.8M | $519.2M | $466.6M | $402.1M | $275.6M |
| Total Long-Term Debt | $96.6M | $157.1M | $130.0M | $88.6M | $76.3M |
| Total Liabilities | $191.8M | $180.1M | $146.5M | $200.7M | $100.0M |
| Shareholders' Equity | $273.1M | $339.1M | $320.1M | $201.4M | $175.6M |
Advanced Flower Capital Cash Flow Statement
| FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|
| Cash From Operations | $9.5M | $31.3M | $21.2M | $21.6M | $11.2M |
| Cash From Investing | -$248.5M | -$16.3M | $28.5M | -$4.8M | $34.9M |
| Cash From Financing | $338.5M | $16.1M | -$68.5M | -$34.7M | -$111.1M |
| Dividends Paid | $14.4M | $41.6M | — | — | — |
Figures from Advanced Flower Capital's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Advanced Flower Capital financials page for every line item.
Advanced Flower Capital Company Profile
| Ticker | AFCG |
|---|---|
| Exchange | Nasdaq |
| Headquarters | West Palm Beach, Florida |
| Incorporated in | Maryland |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001822523 |
Frequently Asked Questions
What was Advanced Flower Capital's revenue in fiscal 2025?
Advanced Flower Capital (AFCG) reported revenue of $24.6M for fiscal 2025.
What is Advanced Flower Capital's annual revenue history?
Advanced Flower Capital's annual revenue by fiscal year: 2021: $0; 2022: $0; 2023: $64.2M; 2024: $45.7M; 2025: $24.6M.
What was Advanced Flower Capital's net income in fiscal 2025?
Advanced Flower Capital reported net income of -$20.7M for fiscal 2025.
What was Advanced Flower Capital's earnings per share (EPS) in fiscal 2025?
Advanced Flower Capital's diluted EPS was -$0.95 for fiscal 2025 (adjusted for any later stock splits).
What was Advanced Flower Capital's revenue last quarter?
In its most recent reported quarter (2026 Q2), Advanced Flower Capital reported revenue of $0.
How much debt does Advanced Flower Capital have?
Advanced Flower Capital reported $76.3M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Advanced Flower Capital are outstanding?
Advanced Flower Capital reported a weighted average of 23.2 million basic shares outstanding in 2026 Q2.
What is Advanced Flower Capital's market cap?
Based on its latest closing price, Advanced Flower Capital (AFCG) has a market capitalization of about $71.9M.
When does Advanced Flower Capital's fiscal year end?
Advanced Flower Capital's fiscal year end, as registered with the SEC, is December 31.
Where is Advanced Flower Capital headquartered?
Advanced Flower Capital lists its business address in West Palm Beach, Florida in its SEC filings.