CSIMarket
 
Afc Gamma Inc   (AFCG)
Other Ticker:  
 
    Sector  Services    Industry Real Estate Operations
   Industry Real Estate Operations
   Sector  Services
 
Price: $12.5100 $0.19 1.542%
Day's High: $12.58 Week Perf: 2.58 %
Day's Low: $ 12.29 30 Day Perf: 11 %
Volume (M): 190 52 Wk High: $ 14.60
Volume (M$): $ 2,378 52 Wk Avg: $12.04
Open: $12.38 52 Wk Low: $9.91



 Market Capitalization (Millions $) 257
 Shares Outstanding (Millions) 21
 Employees -
 Revenues (TTM) (Millions $) 64
 Net Income (TTM) (Millions $) 21
 Cash Flow (TTM) (Millions $) -19
 Capital Exp. (TTM) (Millions $) 0

Afc Gamma Inc
AFC Gamma Inc. is a leading specialty finance company that provides debt financing solutions to operators in the cannabis industry. It focuses on lending to companies that have established track records and strong growth potential in the cannabis market. AFC Gamma offers flexible financing options, including senior secured loans, sale-leasebacks, and hybrid financing structures. The company aims to support its clients' expansion plans, working closely with them to provide customized loan packages that meet their specific needs. AFC Gamma is known for its rigorous underwriting process and its commitment to strict compliance with state and local laws. Overall, the company plays a crucial role in providing capital to cannabis businesses, helping them navigate the challenges of the rapidly evolving industry.


   Company Address: 525 Okeechobee Blvd., Suite 1650 West Palm Beach 33401 FL
   Company Phone Number: 510-2390   Stock Exchange / Ticker: NASDAQ AFCG
   


   

Stock Performances by Major Competitors

5 Days Decrease / Increase
     
• View Complete Report
   



Afc Gamma Inc

AFC Gamma Inc Faces Financial Headwinds in Fiscal Period Ending December 31, 2023

Investors may be closely monitoring AFC Gamma Inc after the company reported a slip into a deficit for the October to December 31, 2023 fiscal period. With a net loss of $(9.2) million or $(0.45) per basic weighted average common share, the financial performance raises concerns about the company's future prospects. Despite achieving distributable earnings of $10.0 million or $0.49 per basic weighted average common share, the overall numbers indicate a challenging period for AFC Gamma.
The cannabis industry, in which AFC Gamma operates, has been marked by rapid growth and changing regulations. As a leading commercial finance firm focused on lending to cannabis businesses, AFC Gamma plays a critical role in supporting the industry. However, the evolving legal landscape and regulatory challenges have impacted the company's financial performance.

Dividend

AFC Gamma Reports Fourth Quarter 2023 Net Loss, but Maintains Positive Distributable Earnings Amidst Challenging Cannabis Landscape

Published Thu, Mar 7 2024 1:33 PM UTC



In a recent press release, AFC Gamma, a prominent commercial finance firm focused on lending to the cannabis industry, announced its financial performance for the fourth quarter of 2023. Despite a GAAP net loss of $(9.2) million or $(0.45) per basic weighted average common share, the company managed to achieve distributable earnings of $10.0 million or $0.49 per ba...

Product Service News

AFC Gamma to Split CRE Lending Business, Creating Sunrise Realty Trust, Inc.

Published Thu, Feb 22 2024 9:16 PM UTC

AFC Gamma, a prominent debt capital provider in the cannabis industry, has unveiled a strategic plan to separate its commercial real estate (CRE) lending business into a distinct publicly traded entity. The newly formed company, named Sunrise Realty Trust, Inc. (SUNS), aims to secure REIT status. This move will result in two independent entities with dedicated focus areas: o...

Financing Agreement

AFC Gamma Closes Two Syndicated Commercial Real Estate Loans, Continues to Show Strong Financial Performance in Cannabis Industry

Published Wed, Feb 7 2024 9:06 PM UTC

Commercial Real Estate Transactions Totaling $56.4 million during January 2024
AFC Gamma, a leading commercial finance firm specializing in providing loans to the cannabis industry, continues to make headlines with its recent dividend announcement and impressive financial performance. The company recently declared a dividend of $0.48 per share for the quarter ending Sept...

Dividend

AFC Gamma Indicates Stalwart Industry Presence with Q4 2023 Dividend Release

Published Fri, Dec 15 2023 1:30 PM UTC


AFC Gamma, a prominent commercial finance firm with expertise in providing loan services to the cannabis industry, has announced the declaration of a $0.48 dividend per share for the fourth quarter of the fiscal year 2023, a testament to its unyielding fiscal stability and growth.
Major industry peers carefully watched the announcement, given on 0000-00-00, of these...






 

Afc Gamma Inc's Segments
 
 
• View Complete Report
  Company Estimates  
  Revenue Outlook
Afc Gamma Inc does not provide revenue guidance.

Earnings Outlook
Afc Gamma Inc does not provide earnings estimates.

 
Geographic Revenue Dispersion




Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com