NASDAQ$AFCG

AFC Gamma Inc · Q1 2021 earnings

Q1 2021 earnings · · Investor relations

Briefing

AFC Gamma's financial results for the quarter ended March 31, 2021, were announced.

AFC Gamma reported a net income of $1.4 million, or $0.20 per basic share, and distributable earnings of $3.2 million, or $0.45 per basic share for Q1 2021. The company closed $21 million of new investments and funded $9.9 million during the quarter. The Board of Directors declared a $0.38 dividend for Q2 2021.

  • Net income for Q1 2021 was $1.4 million, or $0.20 per basic weighted average share.
  • Distributable earnings for Q1 2021 were $3.2 million, or $0.45 per basic weighted average share.
  • Net book value per common share at the end of Q1 2021 was $16.18.
  • The company closed $21 million in new investments and funded $9.9 million in Q1 2021.

Headline financials

Total Revenue

$4.69M

No prior period
EPS (adj)

$0.45

No prior period
Free Cash Flow

$1.4M

No prior period
Net Income

$1.4M

No prior period
Operating Income

$1.61M

No prior period
Gross Profit

$4.69M

No prior period
Cash & Equivalents

$127M

No prior period
Total Assets

$222M

No prior period
Stock-Based Comp

$1.6M

No prior period

Revenue & EPS history

AFC Gamma · Revenue · Quarterly

$4.69M

Q1 2021
Beat estimate in 7 of 15 quarters(47%)
ActualEstimate

Forward guidance

AFCG expects that the distribution declared for the quarter ended June 30, 2021 to represent between 75% and 90% of distributable earnings for Q2 2021.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2021

Historical avgQ1 2021

+0.4%

Avg return

Earnings day

+0.8%

Avg return

5 days after

+1.8%

Avg return

30 days after

55%

12 / 22 earnings

Positive

+11.8%

Q2 2024

Best reaction

-20.4%

Q4 2024

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+10.8%+17.3%+26.0%
Q4 2025+8.6%+16.3%+27.1%
Q3 2025+0.9%-6.8%+8.6%
Q1 2025-4.7%-10.7%-21.2%
Q4 2024-20.4%-23.7%-43.9%
Q3 2024-2.1%+2.1%+1.5%
Q2 2024+11.8%+11.8%+19.1%
Q1 2024-0.6%+0.2%-2.0%
Q4 2023+4.1%+8.8%+5.2%
Q3 2023-0.4%-4.6%+11.7%
Q2 2023-3.1%-3.4%-3.5%
Q1 2023-4.1%-2.8%+13.6%
Q4 2022-7.7%-15.6%-25.4%
Q3 2022-9.7%-6.9%-1.6%
Q2 2022+1.5%+2.1%-3.5%
Q1 2022+9.7%+17.8%+16.2%
Q4 2021+0.0%+0.4%-5.9%
Q3 2020+2.1%+3.5%-5.1%
Q3 2021+2.1%+3.5%-5.1%
Q2 2021+0.5%-0.4%+5.3%
Q4 2020+4.8%+4.2%+11.2%
Q1 2021+4.8%+4.2%+11.2%

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