AFC Gamma, Inc. | REIT Profile

Symbol: AFCG
CIK: 1822523
Exchange: NASDAQ
HQ: West Palm Beach, FL, United States
Type of REIT: Mortgage REIT
Listing Status: Public
Market Capitalization: Micro-Cap
REIT Sector: Mortgage

See AFCG on Yahoo Finance
See AFCG on SEC.gov

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About AFC Gamma, Inc.

AFC Gamma (NASDAQ AFCG) is a leading provider of institutional loans to high-quality cannabis operators nationwide in all aspects of production: cultivation, processing, and distribution. We offer loans and related facilities, generally secured by substantial assets such as real estate, licenses and cashflow. With years of combined lending expertise and real-estate experience, AFC Gamma’s principles are now focused on the exponential growth of the cannabis industry.


AFC Gamma, Inc. Company Logo

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REITMovers


REITMovers tracks the stock price and other indicators for all US REITs tracked by REITNotes during normal trading hours. This data is updated every 4 minutes during normal trading hours. Note: All prices have a 15 minute delay.


Latest Price High Low Open Previous Close Volume Change $ Change %
$5.27 $5.28 $5.05 $5.05 $5.00 126,268 $0.27 5.40%

Last update: 2025-04-23 12:56:08 PST

REITRating™ Trend


REITRating™ is REITNotes' Real Estate Investment Trust industry-specific rating and ranking system. The overall score is out of ten points, with ten being the best score. See score breakdown. The graph below plots the overall REITRating™ score for the last trading days. See complete trend.

Overall REITRating Score: 3.0

Dividend of Trading Day 2025-04-23


Dividend Yield: 26%*
Annualized Dividend: $0.92*
Dividend Yield (TTM): 19.7%
Annualized Dividend (TTM): $1.04
Ex-Dividend Date: 2025-03-31
Dividend Date: 2025-04-15
Dividend Frequency: Quarterly

*The forward annualized dividend and dividend yield are based on the most recent dividend value paid by the REIT. The REIT may have already announced their next upcoming dividend value, which may be different from previously paid dividend value. It is recommended to check the REIT's website and dividend announcements for the latest information on upcoming dividends and changes. This graph does not include extraordinary dividend.

Latest REIT Press Releases


See more Press Releases for AFC Gamma, Inc.

Key Stats of Trading Day 2025-04-23


Market Capitalization: $119,081,000
EBITDA: N/A
P/E Ratio: 8.23
PEG Ratio: N/A
Book Value: 9.02
Dividend Per Share: $1.62
EPS: 0.64
Revenue Per Share TTM: $1.99
ProfitMargin: 40.50%
Operating Margin TTM: -52.60%
Return on Assets TTM: 3.19%
Return on Equity TTM: 5.30%
Revenue TTM: $41,494,000
Gross Profit TTM: $41,494,000
Diluted EPS TTM: $0.64
Quarterly Earnings Growth YOY: -85.10%
Quarterly Revenue Growth YOY: -38.00%
Trailing P/E: 8.23
Forward P/E: 6.35
Beta: 1.23
Price to Sales Ratio TTM: 2.87
Price to Book Ratio: 0.59
EV to Revenue: 8.61
EV to EBITDA: N/A
Shares Outstanding: 22,596,000
52 Week High: $9.75
52 Week Low: $4.34
50 Day Moving Average: $6.90
200 Day Moving Average: $8.81

REIT Simulation


Below is a simulation of how much money you would have made in dividends, and how much the shares would be worth had you purchased them 1 year ago for the amounts below.

With $1,000 USD With $500 USD With $250 USD With $100 USD With $50 USD
Initial investment @ $17.84 per share you would have been able to buy 56 shares of AFCG on 2024-04-24 costing $999.04 @ $17.84 per share you would have been able to buy 28 shares of AFCG on 2024-04-24 costing $499.52 @ $17.84 per share you would have been able to buy 14 shares of AFCG on 2024-04-24 costing $249.76 @ $17.84 per share you would have been able to buy 5 shares of AFCG on 2024-04-24 costing $89.20 @ $17.84 per share you would have been able to buy 2 shares of AFCG on 2024-04-24 costing $35.68
Current worth On 2024-07-05 these 56 shares would be worth $680.96 @ $12.16 On 2024-07-05 these 28 shares would be worth $340.48 @ $12.16 On 2024-07-05 these 14 shares would be worth $170.24 @ $12.16 On 2024-07-05 these 5 shares would be worth $60.80 @ $12.16 On 2024-07-05 these 2 shares would be worth $24.32 @ $12.16
Dividends earned $85.12 in dividends would have been earned since 2024-04-24 with 56 shares. $43 in dividends would have been earned since 2024-04-24 with 28 shares. $21.28 in dividends would have been earned since 2024-04-24 with 14 shares. $7.60 in dividends would have been earned since 2024-04-24 with 5 shares. $3.04 in dividends would have been earned since 2024-04-24 with 28 shares.
Net (gain / loss)* -232.96 USD -116.48 USD -58.24 USD -20.80 USD -8.32 USD
ROI** -23.32% -23.32% -23.32% -23.32% -23.32%

*Net (Gains/Loss): Includes the stock price (appreciate or depreciate ) + dividends earned during period held. Stock prices based on closing price for the date. **ROI: Is based on the Net (gain/loss) divided by the initial investment value. Note: Past performance is no guarantee of future results. This is a high-level simulation and does not account for many factors such as inflation and taxes so we cannot guarantee the accuracy of this simulation.

Dividend History


Below are the most recent cash dividends paid by AFCG. The percent difference from one dividend payment to the next has also been calculated for your convenience. Dividends flagged as [E] are extraordinary dividend payments.


Symbol Ex Date Cash Amount Change in Dividend Declaration Date Record Date Payment Date
AFCG 2025-03-31 0.230 -30.30% 2025-03-11 2025-03-31 2025-04-15
AFCG 2024-12-31 0.330 --- 2024-12-13 2024-12-31 2025-01-15
AFCG 2024-09-30 0.330 120.00% 2024-09-12 2024-09-30 2024-10-15
AFCG 2024-07-08 0.150 -68.75% 2024-06-27 2024-07-08 2024-07-15
AFCG 2024-06-24 0.480 --- 2024-06-13 2024-06-24 2024-07-15
AFCG 2024-03-27 0.480 --- 2024-03-04 2024-03-31 2024-04-15
AFCG 2023-12-28 0.480 --- 2023-12-15 2023-12-31 2024-01-12
AFCG 2023-09-29 0.480 --- 2023-09-15 2023-09-30 2023-10-13
AFCG 2023-09-28 0.480 --- 2023-09-15 2023-09-30 2023-10-13
AFCG 2023-06-29 0.480 -14.29% 2023-06-15 2023-06-30 2023-07-14
AFCG 2023-03-30 0.560 --- 2023-03-02 2023-03-31 2023-04-14
AFCG 2022-12-29 0.560 --- 2022-12-15 2022-12-31 2023-01-13
AFCG 2022-09-29 0.560 --- 2022-09-15 2022-09-30 2022-10-14
AFCG 2022-06-29 0.560 1.82% 2022-06-15 2022-06-30 2022-07-15
AFCG 2022-03-30 0.550 10.00% 2022-03-10 2022-03-31 2022-04-15
AFCG 2021-12-30 0.500 16.28% 2021-12-15 2021-12-31 2022-01-14
AFCG 2021-09-29 0.430 --- 2021-09-15 2021-09-30 2021-10-15

Financial Statements Overview


The next Earnings Report for AFCG is 2024-08-06

Balance Sheet | Quarterly

See Annual Balance Sheet | See Quarterly Balance Sheet

Assets 2024-12-31 2024-09-30 QoQ
Current Assets
Cash and Cash Equivalents at Carrying Value 103,610,460 122,163,732
Short-Term Investments 0 0
Cash and Short Term Investments 103,610,460 122,163,732
Current Net Receivables 0 0
Inventory 0 0
Other Current Assets -1,982,897 1,896,611
Total Current Assets 103,610,460 338,759,936 -69.4%
Non-Current Assets
Property Plant Equipment 0 0
Accumulated Depreciation Amortization PPE 0 0
Long-Term Investments 0 0
Investments 0 0
Intangible Assets Excluding Goodwill 0 0
Goodwill 0 0
Intangible Assets 0 0
Other Non-Current Assets 0 0
Total Non-Current Assets 298,446,853 27,858,472 971.3%
Total Assets 402,057,313 366,618,408 9.7%
Liabilities
Current Liabilities
Current Accounts Payable 0 0
Deferred Revenue 0 0
Current Debt 0 0
Short-Term Debt 100,000,000 60,000,000
Current Long-Term Debt 100,000,000 60,000,000
Short Long-Term Debt Total 188,612,150 148,461,936
Other Current Liabilities -100,894,611 -62,170,417
Total Current Liabilities 0 80,849,016 -100.0%
Non-Current Liabilities
Long-Term Debt Noncurrent 0 0
Long-Term Debt 88,612,150 88,461,936
Capital Lease Obligations 0 0
Other Non-Current Liabilities 0 0
Total Non-Current Liabilities 0 88,461,936
Total Liabilities 200,681,175 160,557,096 25.0%
Shareholders' Equity
Common Stock 223,329 218,821
Common Stock Shares Outstanding 21,917,860 20,785,848
Treasury Stock 0 0
Retained Earnings -50,712,954 -42,351,554
Total Shareholder Equity 201,376,138 206,061,312 -2.3%

Amounts in USD ($)

Income Statement | Quarterly

See Annual Income Statement | See Quarterly Income Statement

Income Statement 2024-03-31 2023-12-31 2023-09-30 2023-06-30
Total Revenue 16,361,060 17,553,220 16,806,193 17,675,188
Cost of Revenue 8,394,436 15,454,807 4,628,265 1,707,306
Gross Profit 7,966,624 2,098,413 12,177,928 15,967,882
Research and Development 0 0 0 0
Selling General and Admin 1,052,396 936,474 986,772 1,075,873
Operating Expense 12,643,123 18,727,771 8,950,897 4,909,300
Operating Income 3,717,937 -1,174,551 7,855,296 12,765,888
Income Expense Net (Other) 0 0 0 0
EBIT 3,717,937 -1,174,551 7,855,296 12,765,888
Interest Income 0 0 0 0
Pretax Income 104,244 -8,535,105 8,643,095 12,302,970
Income Tax 158,360 653,378 663,220 167,637
Minority Interest 0 0 0 0
Net Income -54,116 -9,188,483 7,979,875 12,135,333
Net Income Basic -54,116 -9,188,483 7,979,875 12,135,333

Amounts in USD ($)

Cash Flow | Quarterly

See Annual Cash Flow | See Quarterly Cash Flow

Cash Flow 2024-03-31 2023-12-31 2023-09-30 2023-06-30
Net Income -54,116 -9,188,483 7,979,875 12,135,333
Depreciation 0 0 0 0
Changes in Receivables 10,052,371 5,553,445 5,584,002 2,605,303
Changes in Inventories 0 0 0 0
Cash Change 82,298,440 121,626,453 73,204,542 82,079,402
Cash Flow 6,372,548 6,238,580 5,461,892 5,145,835
Capital Expenditures 0 0 0 0
Investments 0 0 0 0
Investing Activity (Other) 0 0 0 0
Total Investing Cash Flows -53,880,866 10,010,526 -4,517,057 8,034,294
Dividends Paid 0 0 0 0
Net Borrowings -318,190,474 -331,017,052 -351,653,448 -363,667,178
Cash Flow Financing 8,180,305 32,172,805 -9,819,695 -11,706,471
Financing Cash Flows (Other) 0 0 0 0
Exchange Rate Effect 0 0 0 0

Amounts in USD ($)

REITRating™ Scorecard


Rating Dividend Section Avg. Rating
3 Dividend Payment Consistency: Analysis of how many periods the REIT’s dividends have been paid consistently without a gap in payment. 8.1
Rating AFFO & Efficiency Section Avg. Rating
Rating Leverage Section Avg. Rating
Rating Asset & Revenue Section Avg. Rating
Rating Properties Section Avg. Rating
Rating Market Cap Section Avg. Rating
3.0 Overall REITRating™ Score (See trend) 6.4

REITRating is REITNote's Real Estate Investment Trust industry-specific rating and ranking system. The REIT’s score for each analysis is out of ten points, with ten being the best score and zero being the worst. A score of zero can be assigned if the REIT does not meet the criteria for that specific analysis. N/A is assigned if insufficient data is available for a particular analysis. Our REITRating logic is continuously improving, so a REIT’s rating and ranking may change over time. Important Note: REITRating is not a predictor of a REIT’s future performance, it is an evaluation of its past results. Additionally, the REITRating system is for informational purposes only and does not represent financial or investment advice or a recommendation of which REITs to acquire. Learn more.

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Last updated: 2025-04-24 - v5.9