AFCG · Advanced Flower Capital Inc. · Earnings Call Transcripts & Audio
$3.60
-0.02 (-0.55%)
At close · Sep 30
Ex-dividend: $0.05 · Sep 30, 2026
Return incl. dividend (before tax)
+0.83%
Market Cap
$80.49M
Shares
22.67M
Volume · Sep 30
109.8K
Avg daily vol (3M)
91.04K
Advanced Flower Capital Inc. Earnings Call Transcripts
Quarterly earnings calls for Advanced Flower Capital Inc. (AFCG), with available speaker-labelled transcripts, captured audio replays, call highlights, 8-K earnings releases and periodic filings. Investor days and conferences appear here too.
Revenue & result across quarters
Revenue Net income YoY up YoY down artefacts
▲70.9%
$18.14M
$11.48M
'22 Q3
22-11-08
·
$19.70M
$2.94M
'22 Q4
23-03-07
▼0.6%
$16.83M
$10.03M
'23 Q1
23-05-10
▼19.1%
$16.10M
$12.14M
'23 Q2
23-08-08
▼15.9%
$15.27M
$7.98M
'23 Q3
23-11-08
▼20.1%
$15.74M
−$9.19M
'23 Q4
24-03-07
▼24.4%
$12.73M
−$54,116
'24 Q1
24-05-09
▲1.9%
$16.40M
$16.45M
'24 Q2
24-08-07
▼41.8%
$8.88M
$1.38M
'24 Q3
24-11-13
▼51.5%
$7.64M
−$991,534
'24 Q4
25-03-13
▼47.8%
$6.64M
$4.07M
'25 Q1
25-05-14
▼62.2%
$6.20M
−$13.16M
'25 Q2
25-08-14
▼26.5%
$6.53M
−$12.49M
'25 Q3
25-11-12
LATEST
▼32.1%
$5.19M
$914,046
'25 Q4
26-03-04
Earnings call
FY26 · Q2
2026-08-13
Advanced Flower Capital Inc. (AFCG) Q2 2026 Earnings Call Transcript
Positive tone
Portfolio and originations
Legacy cannabis loan resolution
Financial performance and coverage
Diluted EPS
$0.23
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY26 · Q1
2026-05-07
Advanced Flower Capital Inc. (AFCG) Q1 2026 Earnings Call Transcript
Positive tone
Lower Middle Market Opportunity
New Loan Closings (STAT/Mooresby and Healthcare Benefits)
Cannabis Rescheduling
Diluted EPS
$0.49
▲ 172.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q4
2026-03-04
Advanced Flower Capital Inc. (AFCG) Q4 2025 Earnings Call Transcript
Balanced tone
BDC conversion and expanded investable universe
Cannabis sector outlook
New originations post-conversion
Revenue
$5.19M*
▼ 32.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY25 · Q3
2025-11-12
Advanced Flower Capital Inc. (AFCG) Q3 2025 Earnings Call Transcript
Cautious tone
Cannabis Industry Outlook
BDC Conversion
Diversification Beyond Cannabis
Revenue
$6.53M
▼ 26.5% YoY Diluted EPS
$-0.57
▼ 1050% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q2
2025-08-14
Advanced Flower Capital Inc. (AFCG) Q2 2025 Earnings Call Transcript
Revenue
$6.20M
▼ 62.2% YoY Diluted EPS
$-0.60
▼ 175% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY25 · Q1
2025-05-14
Advanced Flower Capital Inc. (AFCG) Q1 2025 Earnings Call Transcript
Balanced tone
Capital markets and origination environment
Financial results and earnings
Justice Grown litigation
Revenue
$6.64M
▼ 47.8% YoY Diluted EPS
$0.18
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q4
2025-03-13
Advanced Flower Capital Inc. (AFCG) Q4 2024 Earnings Call Transcript
Cautious tone
dividend sustainability
underperforming legacy credits
spin-off and corporate refocus
Revenue
$7.64M*
▼ 51.5% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY24 · Q3
2024-11-13
Advanced Flower Capital Inc. (AFCG) Q3 2024 Earnings Call Transcript
Positive tone
Distributable Earnings and Dividend
Origination Momentum and Pipeline
Cannabis Industry Fundamentals and Competition
Revenue
$8.88M
▼ 41.8% YoY Diluted EPS
$0.06
▼ 84.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q2
2024-08-07
Advanced Flower Capital Inc. (AFCG) Q2 2024 Earnings Call Transcript
Confident tone
Dividend and capital returns
Spin-off transition to pure-play cannabis lender
Competitive landscape and capital markets
Revenue
$16.40M
▲ 1.9% YoY Diluted EPS
$0.80
▲ 35.6% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY24 · Q1
2024-05-09
Advanced Flower Capital Inc. (AFCG) Q1 2024 Earnings Call Transcript
Positive tone
Distributable earnings and dividends
Adult-use state transitions
Underperforming credits / portfolio management
Revenue
$12.73M
▼ 24.4% YoY Diluted EPS
$-0.01
▼ 103% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q4
2024-03-07
Advanced Flower Capital Inc. (AFCG) Q4 2023 Earnings Call Transcript
Positive tone
Dividend consistency and distributable earnings
State legalization and market opportunity
Cannabis 3.0 operators and pipeline expansion
Revenue
$15.74M*
▼ 20.1% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY23 · Q3
2023-11-08
Advanced Flower Capital Inc. (AFCG) Q3 2023 Earnings Call Transcript
Revenue
$15.27M
▼ 15.9% YoY Diluted EPS
$0.39
▲ 0% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q2
2023-08-08
Advanced Flower Capital Inc. (AFCG) Q2 2023 Earnings Call Transcript
Revenue
$16.10M
▼ 19.1% YoY Diluted EPS
$0.59
▲ 51.2% YoY
Rev · 8q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY23 · Q1
2023-05-10
Advanced Flower Capital Inc. (AFCG) Q1 2023 Earnings Call Transcript
Revenue
$16.83M
▼ 0.6% YoY Diluted EPS
$0.34
▼ 5.8% YoY
Rev · 7q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q4
2023-03-07
Advanced Flower Capital Inc. (AFCG) Q4 2022 Earnings Call Transcript
Revenue
$19.70M*
Rev · 6q
Audio
Transcript
Slides
8-K10-K
Earnings call
FY22 · Q3
2022-11-08
Advanced Flower Capital Inc. (AFCG) Q3 2022 Earnings Call Transcript
Revenue
$18.14M
▲ 70.9% YoY Diluted EPS
$0.39
▲ 21.3% YoY
Rev · 6q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q2
2022-08-09
Advanced Flower Capital Inc. (AFCG) Q2 2022 Earnings Call Transcript
Revenue
$19.90M
▲ 127.5% YoY Diluted EPS
$0.39
▲ 67.6% YoY
Rev · 5q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY22 · Q1
2022-05-10
Advanced Flower Capital Inc. (AFCG) Q1 2022 Earnings Call Transcript
Revenue
$16.94M
▲ 261.5% YoY Diluted EPS
$0.36
▲ 173.7% YoY
Rev · 4q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q4
2022-03-10
Advanced Flower Capital Inc. (AFCG) Q4 2021 Earnings Call Transcript
Results not yet reported
Audio
Transcript
Slides
8-K10-K
Earnings call
FY21 · Q3
2021-10-06
Advanced Flower Capital Inc. (AFCG) Q3 2021 Earnings Call Transcript
Revenue
$10.62M
Diluted EPS
$0.32
Rev · 3q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q2
2021-08-05
Advanced Flower Capital Inc. (AFCG) Q2 2021 Earnings Call Transcript
Revenue
$8.75M
Diluted EPS
$0.23
Rev · 2q
Audio
Transcript
Slides
8-K10-Q
Earnings call
FY21 · Q1
2021-05-11
Advanced Flower Capital Inc. (AFCG) Q1 2021 Earnings Call Transcript
Revenue
$4.69M
Diluted EPS
$0.13
Audio
Transcript
Slides
8-K10-Q
Showing 1–22 of 22 earnings calls