Advanced Flower Capital Inc. (AFCG): An important player in cannabis financing

Advanced Flower Capital Inc. (AFCG), formerly known as AFC Gamma, Inc., is a prominent institutional lender who specializes in the cannabis industry. The company focuses on the origin, structuring, insurance and management of high -ranking loans and other guilt titles for established cannabis operators in the USA. This strategic approach offers a significant capital and facilitates growth and expansion in this rapidly developing sector.

Recent developments

• CEO of the CEO: In a recently trustworthy demonstration, CEO Neville Daniel acquired 5,000 AFCG shares of $ 6.20 per share of $ 31,000. This purchase increased its total number of investments to 182,261 shares, which reflected a strong belief in the future prospects of the company.

• Financial performance: AFCG reported the fourth quarter of 2024 result per share (EPS) of $ 0.29 and lacked the expected $ 0.3683. The turnover was $ 7.64 million below the expected 11.59 million US dollars. These results were affected by delay to three loans of a total of 144 million US dollars, which corresponds to 36.3% of AFCG's investment estate. In response to this, the company reduced its quarterly dividend by 30% to $ 0.23 per share.

Market position and view

Despite the latest financial challenges, AFCG maintains a strong liquidity position, with current assets exceeding the short-term obligations by 3.6 times. The company's dividend yield is attractive 14.7%. Analysts have adapted their prospects based on credit uncertainties, with Jefferies downgrading the share of buying on hold, while the citizens maintain a market for the market service. AFCG continues to focus on strategic capital operations, with a robust pipeline of potential business aiming at stabilizing and improving its credit portfolio.