NASDAQ$AFCG
AFC Gamma Inc · Q4 2022 earnings
Q4 2022 earnings · · Investor relations
Briefing
AFC Gamma reported strong earnings for Q4 2022, with GAAP net income of $2.9 million and Distributable Earnings of $12.6 million.
AFC Gamma announced its Q4 and full year 2022 results, reporting a net income of $2.9 million, or $0.14 per basic share, and Distributable Earnings of $12.6 million, or $0.62 per basic share for the fourth quarter. The company's ample liquidity and focus on credit quality are expected to drive capital deployment in commercial real estate and state-compliant cannabis operators in 2023.
- GAAP net income for Q4 2022 was $2.9 million, or $0.14 per basic weighted average common share.
- Distributable Earnings for Q4 2022 were $12.6 million, or $0.62 per basic weighted average common share.
- A dividend of $0.56 per common share was declared for Q1 2023.
- Robyn Tannenbaum was appointed as the Company’s President.
Headline financials
Revenue & EPS history
AFC Gamma · Revenue · Quarterly
$19.7M
Forward guidance
AFC Gamma is pleased with their liquidity position and believes that their focus on credit quality, coupled with their ample liquidity, will prove valuable as they look to deploy capital both in commercial real estate assets and state-compliant cannabis operators over the course of 2023.
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 Q4 2022
+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
| Quarter | Report date | Reaction (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% |
Discussion
Share your read of this quarter. Sign-in carries your eToro identity.
Join the conversation
Sign in with eToro to post your read of this quarter and vote on others'.
Sign in with eToro