XNAS
AFCG
Market cap115mUSD
May 20, Last price
5.11USD
1D
-0.78%
1Q
-40.92%
IPO
-76.67%
Name
AFC Gamma Inc
Chart & Performance
P/E
6.88
P/S
3.23
EPS
0.74
Div Yield, %
28.18%
Shrs. gr., 5y
—
Rev. gr., 5y
%
Revenues
36m
-45.91%
Net income
17m
-19.89%
CFO
18m
-13.86%
Dividend
Sep 30, 20240.33 USD/sh
Earnings
Aug 05, 2025
Profile
AFC Gamma, Inc. originates, structures, underwrites, and invests in senior secured loans, and other types of loans and debt securities for established companies operating in the cannabis industry in states that have legalized medicinal and/or adult use cannabis. It primarily originates loans structured as senior loans secured by real estate, equipment, and licenses and/or other assets of the loan parties to the extent permitted by applicable laws and the regulations governing such loan parties. AFC Gamma, Inc. has elected and qualified to be taxed as a real estate investment trust for the United States federal income tax purposes under the Internal Revenue Code of 1986. The company was incorporated in 2020 and is based in West Palm Beach, Florida.
Valuation
Title USD in thousands, except ratios and share amounts | FY | FY | FY | FY | FY |
|---|---|---|---|---|---|
| 2024‑12 | 2023‑12 | 2022‑12 | 2021‑12 | 2020‑12 | |
| Income | |||||
Revenues | 35,755 -45.91% | 66,109 -7.59% | 71,542 87.85% | ||
Cost of revenue | 5,531 | 20,078 | 17,216 | ||
Unusual Expense (Income) | |||||
NOPBT | 30,224 | 46,032 | 54,326 | ||
NOPBT Margin | 84.53% | 69.63% | 75.94% | ||
Operating Taxes | 448 | 1,659 | 1,026 | ||
Tax Rate | 1.48% | 3.60% | 1.89% | ||
NOPAT | 29,776 | 44,372 | 53,300 | ||
Net income | 16,784 -19.89% | 20,952 -41.69% | 35,932 71.10% | ||
Dividends | (39,989) | (42,532) | (41,619) | ||
Dividend yield | 22.98% | 17.38% | 13.26% | ||
Proceeds from repurchase of equity | 15,848 | 73,346 | |||
BB yield | -9.11% | -23.36% | |||
| Debt | |||||
Debt current | 88,612 | 42,000 | 60,000 | ||
Long-term debt | 88,015 | 97,132 | |||
Deferred revenue | 3,201 | ||||
Other long-term liabilities | 112,069 | (32,058) | |||
Net debt | (14,998) | 8,388 | 16,759 | ||
| Cash flow | |||||
Cash from operating activities | 18,286 | 21,229 | 31,322 | ||
CAPEX | |||||
Cash from investing activities | (4,849) | 28,519 | (16,344) | ||
Cash from financing activities | (34,725) | (68,495) | 16,149 | ||
FCF | (238,840) | 39,298 | 58,374 | ||
| Balance | |||||
Cash | 103,610 | 121,626 | 140,373 | ||
Long term investments | |||||
Excess cash | 101,823 | 118,321 | 136,796 | ||
Stockholders' equity | (50,490) | (29,754) | 7,000 | ||
Invested Capital | 452,547 | 479,820 | 510,303 | ||
ROIC | 6.39% | 8.96% | 13.08% | ||
ROCE | 7.52% | 10.23% | 10.57% | ||
| EV | |||||
Common stock shares outstanding | 20,889 | 20,346 | 19,958 | ||
Price | 8.33 -30.76% | 12.03 -23.52% | 15.73 -30.89% | ||
Market cap | 174,005 -28.91% | 244,761 -22.03% | 313,935 -16.11% | ||
EV | 159,007 | 253,150 | 347,453 | ||
EBITDA | 30,617 | 46,032 | 54,588 | ||
EV/EBITDA | 5.19 | 5.50 | 6.36 | ||
Interest | 6,336 | 6,357 | 6,814 | ||
Interest/NOPBT | 20.96% | 13.81% | 12.54% | ||