Advanced Flower Capital Inc. (AFCG) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Revenue | 9.81M | 6.64M | -841.83K | 6.33M | 6.96M | 2.33M | 8.7M | 22.67M | 7.8M | 3.75M | 14.85M | 15.64M | 16.13M | 11.57M | 17.6M | 18.31M | 16.03M | 11.69M | 12.44M | 8.1M |
| Revenue Growth % | 41.06% | 185.43% | -109.68% | -72.09% | -10.81% | -38.01% | -41.4% | 44.96% | -51.64% | -67.55% | -15.64% | -14.61% | 0.62% | -1.03% | 41.47% | 125.99% | 247.07% | - | 680.08% | - |
| Property Operating Expenses | 1.76M | 716.18K | 0 | 17.71M | 1.12M | 0 | 181.37K | 0 | 0 | 0 | 1.05M | 1.61M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Operating Income (NOI) | 8.05M | 5.92M | -841.83K | -11.38M | 5.84M | 2.33M | 8.52M | 22.67M | 7.8M | 3.75M | 13.79M | 14.03M | 16.13M | 11.57M | 17.6M | 18.31M | 16.03M | 11.69M | 12.44M | 8.1M |
| NOI Margin % | 82.03% | 89.21% | 100% | -179.99% | 83.96% | 100% | 97.92% | 100% | 100% | 100% | 92.91% | 89.73% | 100% | 100% | 100% | 100% | 100% | 100% | 100% | 100% |
| Operating Expenses | -5.73M | 3.2M | 2.23M | 1.92M | 1.66M | 3.55M | 1.27M | 5.75M | 5.5M | 5.05M | 1.28M | 1.5M | 5.71M | 5.92M | 5.31M | 5.79M | 6.38M | 4.48M | 12.44M | 2.99M |
| G&A Expenses | 1.32M | 6.29M | 2.23M | 1.33M | 1.29M | 3.55M | 2.48M | 5.75M | 5.5M | 5.05M | 1.28M | 1.21M | 5.71M | 5.92M | 5.31M | 5.79M | 6.38M | 4.48M | 910.09K | 2.99M |
| EBITDA | 13.78M | 2.65M | -11.73M | -13.3M | 4.18M | -1.22M | 3.18M | 16.91M | 2.3M | -1.3M | -11.4M | -15.87M | 10.42M | 5.65M | 12.28M | 12.52M | 9.65M | 7.2M | 0 | 5.11M |
| EBITDA Margin % | 140.43% | 39.98% | 1393.87% | -210.31% | 60.09% | -52.57% | 36.51% | 74.61% | 29.42% | -34.66% | -76.81% | -101.48% | 64.59% | 48.81% | 69.8% | 68.38% | 60.19% | 61.63% | 0% | 63.08% |
| Depreciation & Amortization | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | -9.07M | -12.77M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| D&A / Revenue % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | -61.08% | -81.64% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Operating Income | 13.78M | 2.72M | -3.07M | -13.3M | 4.18M | -1.22M | 6.23M | 16.91M | 2.3M | -1.3M | -2.34M | -3.1M | 10.42M | 5.65M | 12.28M | 12.52M | 9.65M | 7.2M | 0 | 5.11M |
| Operating Margin % | 140.43% | 41.02% | 365.1% | -210.31% | 60.09% | -52.57% | 71.55% | 74.61% | 29.42% | -34.66% | -15.73% | -19.84% | 64.59% | 48.81% | 69.8% | 68.38% | 60.19% | 61.63% | 0% | 63.08% |
| Interest Expense | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Interest Coverage | 7.98x | 1.83x | -7.19x | -7.16x | 2.30x | -0.77x | 2.02x | 10.75x | 1.43x | -0.82x | 16.32x | 18.73x | 6.25x | 3.28x | 7.47x | 7.17x | 5.68x | - | - | - |
| Non-Operating Income | 0 | 68.78K | 8.66M | 0 | 0 | -1.22M | 6.19M | 16.91M | 2.3M | -1.3M | -12.51M | -16.98M | 10.42M | 5.65M | 12.28M | 12.52M | 9.65M | 7.2M | 0 | 5.11M |
| Pretax Income | 12.05M | 1.2M | -13.37M | -13.3M | 4.18M | -1.37M | 1.6M | 15.49M | -1.41M | -8.76M | 8.64M | 12.3M | 10.2M | 3.61M | 11.65M | 11.52M | 10.18M | 7.08M | 7.93M | 4.63M |
| Pretax Margin % | 122.83% | 18.09% | 1587.63% | -210.31% | 60.09% | -59.08% | 18.44% | 68.35% | -18.1% | -233.49% | 58.21% | 78.68% | 63.24% | 31.25% | 66.18% | 62.89% | 63.51% | 60.55% | 63.75% | 57.11% |
| Income Tax | 626.6K | 286.92K | -874.66K | -138.04K | 112.41K | -383K | 386.26K | 285.98K | 158.36K | 653.38K | 663.22K | 167.64K | 175.1K | 676.56K | 167.16K | 164.31K | 18.28K | 35.17K | 0 | 0 |
| Effective Tax Rate % | 5.2% | 23.89% | 6.54% | 1.04% | 2.69% | 27.86% | 24.08% | 1.85% | -11.22% | -7.46% | 7.67% | 1.36% | 1.72% | 18.72% | 1.44% | 1.43% | 0.18% | 0.5% | 0% | 0% |
| Net Income | 11.43M | 914.05K | -12.49M | -13.16M | 4.07M | -991.53K | 1.38M | 16.45M | -54.12K | -9.19M | 7.98M | 12.14M | 10.03M | 2.94M | 11.48M | 11.35M | 10.16M | 7.04M | 7.93M | 4.63M |
| Net Margin % | 116.45% | 13.77% | 1483.73% | -208.13% | 58.47% | -42.62% | 15.9% | 72.56% | -0.69% | -244.86% | 53.75% | 77.61% | 62.15% | 25.4% | 65.23% | 61.99% | 63.39% | 60.25% | 63.75% | 57.11% |
| Net Income Growth % | 180.93% | 192.19% | -1002.67% | -180.05% | 7616.6% | 89.21% | -82.66% | 35.52% | -100.54% | -412.74% | -30.49% | 6.9% | -1.35% | -58.27% | 44.76% | 145.29% | 625.47% | - | 276.53% | - |
| Funds From Operations (FFO) | 11.43M | 914.05K | -12.49M | -13.16M | 4.07M | -635.92K | 1.32M | 16.45M | -54.12K | -9.19M | -1.09M | -630.55K | 10.06M | 2.94M | 11.48M | 11.35M | 10.16M | 7.07M | 7.93M | 4.63M |
| FFO Margin % | 116.45% | 13.77% | 1483.73% | -208.13% | 58.47% | -27.33% | 15.23% | 72.56% | -0.69% | -244.86% | -7.33% | -4.03% | 62.4% | 25.4% | 65.23% | 61.99% | 63.39% | 60.53% | 63.75% | 57.11% |
| FFO Growth % | - | - | - | - | - | - | 221.66% | - | - | - | - | - | - | - | - | - | - | - | - | - |
| FFO per Share | 0.49 | 0.04 | -0.56 | -0.60 | 0.18 | -0.03 | 0.06 | 0.80 | -0.00 | -0.45 | -0.05 | -0.03 | 0.49 | 0.14 | 0.57 | 0.57 | 0.52 | 0.51 | 0.47 | 0.34 |
| FFO Payout Ratio % | 0% | 370.79% | -27.13% | -39.48% | 181.18% | -1135.53% | 982.86% | 60.37% | -18145.64% | -106.95% | 0% | 0% | 113.31% | 388.39% | 96.86% | 95.72% | 80.9% | 100.05% | 89.15% | 109.92% |
| EPS (Diluted) | 0.49 | 0.04 | -0.57 | -0.60 | 0.18 | -0.05 | 0.07 | 0.80 | -0.00 | -0.45 | 0.39 | 0.59 | 0.49 | 0.14 | 0.57 | 0.57 | 0.52 | 0.51 | 0.47 | 0.34 |
| EPS Growth % | 172.22% | 180.81% | -955.86% | -175% | - | 89% | -82.92% | 35.59% | -100.55% | -421.43% | -31.58% | 3.51% | -5.77% | -72.55% | 21.28% | 67.65% | 173.68% | - | 20.51% | - |
| EPS (Basic) | 0.49 | 0.04 | -0.57 | -0.60 | 0.18 | -0.05 | 0.07 | 0.80 | -0.00 | -0.45 | 0.39 | 0.59 | 0.49 | 0.14 | 0.57 | 0.58 | 0.53 | 0.53 | 0.48 | 0.34 |
| Diluted Shares Outstanding | 23.53M | 22.74M | 22.16M | 22.12M | 22.11M | 20.89M | 20.79M | 20.44M | 20.41M | 20.34M | 20.34M | 20.32M | 20.49M | 20.42M | 20.11M | 19.81M | 19.59M | 13.81M | 16.78M | 13.78M |