Advanced Flower Capital Inc. (AFCG) — Financial statements
Income statement, balance sheet, and cash flow for Advanced Flower Capital Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 31↓39.6% | 52↑0.2% | 52↓27.6% | 72↑87.9% | 38 | |
| Cost of Revenue | 3↓71.7% | 10 | 0.00↓100.0% | 11↑321.9% | 3 | |
| Gross Profit | 28↓31.6% | 41↓19.9% | 52↓14.2% | 60↑70.4% | 35 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00↓100.0% | 0.00↓16.7% | 0.00 | |
| General & Administrative Expenses | 5↓15.3% | 6↓72.1% | 20↑228.7% | 6↑21.8% | 5 | |
| Selling & Marketing Expenses | 0.00 | 0.00↓100.0% | 1 | 0.00 | 0.00 | |
| SG&A Expenses | 5↓15.3% | 6↓73.5% | 21↑245.4% | 6↑21.8% | 5 | |
| Other Expenses | 37↑217.9% | 12 | 0.00↑100.0% | -11↑49.0% | -22 | |
| Operating Expenses | 42↑143.3% | 17↓17.1% | 21↑231.0% | 6↑137.0% | -17 | |
| Total Costs & Expenses | 45↑43.9% | 31↑49.8% | 21↑19.3% | 17↑202.5% | -17 | |
| Operating Results | ||||||
| Operating Income | -14↓198.5% | 14↓55.2% | 31↓29.3% | 44↑108.1% | 21 | |
| Depreciation & Amortization | 0.00 | 0.00 | 0.00↓100.0% | 38↑132.4% | 16 | |
| EBITDA | -15↓170.4% | 21 | 0.00↓100.0% | 82↑112.4% | 39 | |
| EBIT | -15↓170.4% | 21 | 0.00↓100.0% | 44↑97.5% | 22 | |
| Interest & Other Income | ||||||
| Net Interest Income | 25↓46.2% | 46↓28.9% | 64↓14.1% | 75↑101.8% | 37 | |
| Interest Income | 31↓39.8% | 52↓26.3% | 71↓13.5% | 81↑113.7% | 38 | |
| Interest Expense | 7↑6.7% | 6↓0.3% | 6↓6.7% | 7↑504.7% | 1 | |
| Non-Operating Income | 0.87↑112.9% | -7↓121.9% | 31↑942.9% | -4↑87.4% | -29 | |
| Other Income / Expenses | -8↓1805.4% | 0.45↑105.2% | -9↓172.6% | -3↓111.2% | 28 | |
| Income Before Tax | -21↓248.8% | 14↓36.1% | 22↓39.5% | 37↑75.7% | 21 | |
| Income Tax Expense | -0.61↓237.0% | 0.45↓73.0% | 2↑61.7% | 1↑2818.4% | 0.04 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | -21↓249.1% | 14↓33.1% | 21↓42.3% | 36↑71.1% | 21 | |
| Net Income from Discontinued Operations | 0.00↓100.0% | 3↑1145.4% | 0.23 | 0.00 | 0.00 | |
| Net Income | -21↓223.2% | 17↓19.9% | 21↓41.7% | 36↑71.1% | 21 | |
| Bottom-Line Net Income | -21↓223.2% | 17↓17.9% | 20↓42.9% | 36↑70.4% | 21 | |
| EPS (Basic) | -0.95↓221.8% | 0.78↓23.5% | 1.02↓43.6% | 1.81↑41.4% | 1.28 | |
| EPS (Diluted) | -0.95↓218.8% | 0.80↓21.6% | 1.02↓43.3% | 1.80↑40.6% | 1.28 | |
| Weighted Average Shares | 22↑6.8% | 21↑2.5% | 20↑2.4% | 20↑20.7% | 16 | |
| Weighted Average Diluted Shares | 22↑6.7% | 21↑2.7% | 20↑1.9% | 20↑21.4% | 16 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.