Core Insights - The article does not provide specific insights or analysis regarding any companies or industries, focusing instead on disclaimers and disclosures related to investment advice and positions held by contributors [1][2][3]. Group 1 - No stock, option, or similar derivative positions are held by the contributors in any mentioned companies [1]. - The article emphasizes that it is not financial or investment advice and encourages readers to conduct their own due diligence [2]. - Contributors may have personal positions in equities mentioned, but this is not disclosed in detail [3].

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings for AFC Gamma Inc. due to lower revenues, with the actual results being crucial for near-term stock price movements [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on March 13, 2025, with a consensus estimate of $0.39 per share, reflecting a year-over-year decrease of 20.4% [3]. - Revenues are projected to be $11.74 million, down 26.5% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 4.76% lower in the last 30 days, indicating a bearish sentiment among analysts regarding the company's earnings prospects [4][10]. - The Most Accurate Estimate is lower than the Zacks Consensus Estimate, resulting in an Earnings ESP of -7.69%, complicating predictions for an earnings beat [10][11]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with positive readings being more predictive of earnings beats [6][7]. - Stocks with a positive Earnings ESP and a Zacks Rank of 1, 2, or 3 have historically produced positive surprises nearly 70% of the time [8]. Historical Performance - In the last reported quarter, AFC Gamma was expected to post earnings of $0.34 per share but delivered $0.35, resulting in a surprise of +2.94% [12]. - Over the past four quarters, the company has beaten consensus EPS estimates two times [13]. Conclusion - While AFC Gamma does not appear to be a compelling earnings-beat candidate, investors should consider other factors when making decisions regarding the stock ahead of the earnings release [16].

Core Viewpoint - Advanced Flower Capital Inc. has committed and funded a $15 million senior secured credit facility to Story of Ohio LLC to support its expansion in the Ohio adult-use cannabis market [1][2]. Company Overview - Advanced Flower Capital Inc. (AFC) is a leading commercial mortgage REIT that provides institutional loans to state-law compliant cannabis operators in the U.S. It specializes in loans ranging from $10 million to over $100 million, secured by quality real estate assets, license value, and cash flows [3]. - Story Companies is an emerging multi-state operator (MSO) in the cannabis industry, focusing on developing and acquiring vertically integrated cannabis assets in states with high profit margins and growth potential [4]. Financial Commitment - AFC has provided a $15 million credit facility to Story, which will be used to acquire and build out dispensaries in Ohio [1][2]. - The credit facility is a first-lien term loan secured by all of Story of Ohio LLC's assets, including cannabis licenses and owned real estate in Ohio and Georgia [2]. Strategic Partnership - The partnership between AFC and Story is characterized by a shared understanding of the complexities of the cannabis industry, enabling Story to capitalize on market opportunities [2]. - Story's leadership team consists of serial entrepreneurs with a track record of success in the volatile cannabis market, which aligns with AFC's strategic approach [2].

Company Overview - Advanced Flower Capital Inc. (NASDAQ:AFCG) is a leading commercial mortgage REIT that provides institutional loans to state law compliant cannabis operators in the U.S. [3] - The company originates, structures, and underwrites loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value, and cash flows [3]. Financial Results Announcement - The company will release its financial results for the fourth quarter and full year ended December 31, 2024, on Thursday, March 13, 2025, before market open [1]. - Management will review the financial results at 10:00 am ET via webcast available on the Investor Relations website [1]. - A replay of the event will be available one hour after the live presentation [1]. Investor Relations - AFC distributes its earnings releases via its website and email lists, allowing interested parties to sign up for updates [2]. - The Investor Relations contact for the company is Robyn Tannenbaum, reachable at 561-510-2293 or via email [4].

WEST PALM BEACH, Fla., Dec. 13, 2024 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (Nasdaq:AFCG) (“AFC”) today announced its dividend for the quarter ending December 31, 2024. The Board of Directors of AFC declared a quarterly dividend of $0.33 for the quarter ending December 31, 2024 per outstanding share of common stock, payable on January 15, 2025 to the common stockholders of record on December 31, 2024. The December quarterly dividend is in line with the September quarterly d ...

Group 1 - Investors in Advanced Flower Capital Inc. (AFCG) should monitor the stock closely due to significant movements in the options market, particularly the Dec 20, 2024 $2.50 Put which has high implied volatility [1] - Implied volatility indicates the market's expectation of future price movement, suggesting that investors anticipate a significant price change or an upcoming event that could lead to a rally or sell-off [2] - AFC Gamma currently holds a Zacks Rank 3 (Hold) in the REIT and Equity Trust industry, which is in the top 33% of the Zacks Industry Rank, with the Zacks Consensus Estimate for the current quarter increasing from earnings of 33 cents per share to 36 cents [3] Group 2 - The high implied volatility for AFC Gamma may indicate a developing trading opportunity, as options traders often seek to sell premium on options with high implied volatility to capture decay [4]

Financial Data and Key Metrics Changes - For Q3 2024, the company generated distributable earnings of $0.35 per basic weighted average share of common stock, with a GAAP net income of $1.4 million or $0.06 per share [14][26]. - The Board declared a post-spin dividend of $0.33 per share, marking the first dividend since the spin-off [15][32]. - Total assets as of September 30, 2024, were $366.6 million, with cash and cash equivalents of $122.2 million [29]. Business Line Data and Key Metrics Changes - The company originated approximately $59 million in new loans during Q3 2024, exceeding the annual target of $100 million, with total new originations reaching $116 million [8][24]. - The portfolio had a weighted average yield to maturity of approximately 18% as of both September 30 and November 1, 2024 [28][20]. Market Data and Key Metrics Changes - The company reported a modest exposure of 10% to the Florida market, focusing on current market conditions rather than future projections [44]. - The demand for debt capital in the cannabis sector is increasing, driven by refinancing activity and expansions, while traditional lenders remain cautious [19]. Company Strategy and Development Direction - The company aims to move up the quality curve while targeting a portfolio yielding mid- to high-teens internal rates of return (IRRs) [21]. - The strategy includes deploying capital into strong operators in limited license states and diversifying the portfolio [18][20]. Management's Comments on Operating Environment and Future Outlook - Management noted that the cannabis industry is facing challenges with revenue growth, particularly in mature markets like Illinois and New Jersey [40]. - The company remains optimistic about its ability to capitalize on opportunities in cannabis lending, despite a cautious lending environment [19][48]. Other Important Information - The company raised capital through its ATM stock offering program, generating net proceeds of approximately $12.2 million [30]. - The CECL reserve increased to $25.3 million, representing about 10.7% of loans at carrying value [31]. Q&A Session Summary Question: Guidance for 2025 loan origination targets - Management indicated that while they aim to be fully invested, they will cautiously deploy capital into good credits and new vintage loans, with a similar target for 2025 likely to be discussed in the fourth quarter call [35][36]. Question: Current risks in the cannabis industry compared to six months ago - Management acknowledged that revenue growth has been challenging, with competitive pressures in mature markets affecting profitability, but noted that as a debt lender, the current environment is manageable [40][41]. Question: Insights on Florida market exposure - Management stated that their Florida exposure is modest and they underwrite based on current market conditions, emphasizing the importance of being a challenger in the market [44][45]. Question: Trends in regional banks and lending activity - Management observed that more lenders are becoming cautious rather than entering the market, indicating that recent favorable rates are exceptions rather than the norm [47][48].

A D V A N C E D F L O W E R C A P I T A L | I N V E S TO R P R E S E N T AT IO N Advancing The Industry A Thoughtful Lending Partner Flexible Capital Solutions Deep Industry Experience Investor Presentation NASDAQ: AFCG Q3 2024 N A S D A Q : A F C G | I N V E S T O R P R E S E N T A T I O N D I S C L A I M E R Forward-Looking Statements Some of the statements contained in this presentation constitute forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, and ...

Core Insights - AFC Gamma Inc. reported quarterly earnings of $0.35 per share, exceeding the Zacks Consensus Estimate of $0.34 per share, but down from $0.49 per share a year ago, indicating an earnings surprise of 2.94% [1] - The company posted revenues of $10.46 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 27.95% and down from $16.81 million year-over-year [2] - The stock has underperformed, losing about 21.5% since the beginning of the year compared to the S&P 500's gain of 25.5% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.36 on revenues of $14.86 million, and for the current fiscal year, it is $1.75 on revenues of $62.79 million [7] - The estimate revisions trend for AFC Gamma is mixed, resulting in a Zacks Rank 3 (Hold), suggesting the stock is expected to perform in line with the market in the near future [6] Industry Context - The REIT and Equity Trust industry, to which AFC Gamma belongs, is currently in the top 50% of over 250 Zacks industries, indicating a favorable outlook as top-ranked industries outperform the bottom 50% by more than 2 to 1 [8]

Advanced Flower Capital Inc. Announces Financial Results for Third Quarter 2024 Third quarter 2024 GAAP net income of $1.4 million or $0.06 per basic weighted average common share and Distributable Earnings of $7.2 million or $0.35 per basic weighted average common share Paid first post-spin dividend of $0.33 per common share for third quarter 2024 (1) WEST PALM BEACH, FL, November 13, 2024 (GLOBE NEWSWIRE) – Advanced Flower Capital Inc. (f/k/a AFC Gamma, Inc.) (NASDAQ:AFCG) ("Advanced Flower Capital", "AFC ...