Advanced Flower Capital Inc. AFCG

FY2025 · ended Dec 31, 2025 · Revenue $24.56M, -46.2% YoY · Filed Mar 4, 2026

In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $24.6 million and a net loss of $20.7 million.

Revenue
$24.56M
-46.2% vs prior year
Net income
$-20.67M
-223.2% vs prior year
Operating cash flow (TTM)
$-31.49M
-398.6% vs year-ago TTM
Free cash flow
—
EPS
$-0.95
-221.8% vs prior year
Dividend per share (TTM)
$0.25
-76.0% vs year-ago TTM
Shares outstanding
23.53M
+4.1% vs prior year
Net cash
—
Operating margin
—

Company profile

Listed as
AFCG (Nasdaq)
Fiscal year ends
December 31
Incorporated in
MD
Headquarters
West Palm Beach, FL
SEC filer status
, Emerging growth company
SEC CIK
1822523
Former names
AFC Gamma, Inc. (until Sep 5, 2024)

Key figures

Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.

Line
FY 2025
Dec 31, 2025
FY 2024
Dec 31, 2024
FY 2023
Dec 31, 2023
Revenue
$24.6M
$45.7M
$63.9M
Net income
-$20.7M
$16.8M
—
Diluted EPS
-$0.95
$0.78
$1.02
Operating cash flow
$11.2M
$21.6M
$21.2M
Total assets
$275.6M
$402.1M
$466.6M
Total liabilities
$100.0M
$200.7M
$146.5M
Stockholders' equity
$175.6M
$201.4M
$320.1M
Cash and investments
$38.6M
$103.6M
$90.4M

Recent SEC filings

Recent SEC filings
Form Description Filed Period
8-K Current report
Material agreement, New debt
Sep 29, 2026 Sep 25, 2026
8-K Current report
Regulation FD disclosure
Sep 15, 2026 Sep 11, 2026
8-K Current report
Regulation FD disclosure
Aug 26, 2026 Aug 25, 2026
8-K Current report
Results of operations
Aug 13, 2026 Aug 13, 2026
10-Q Quarterly report Aug 13, 2026 Jun 30, 2026
8-K Current report
Material agreement, New debt
Jun 30, 2026 Jun 26, 2026

Source: SEC EDGAR filings. This is company-reported data, not investment advice.