Financials in USD. Standardized financial statements.
A compact view of how Advanced Flower Capital Inc. turns revenue into operating income and net income.
| Metric | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 |
|---|---|---|---|---|---|---|
| Revenue? | $31.32M | $51.90M | $51.80M | $71.54M | $38.08M | $11.48M |
| Revenue Growth? | -39.6% | +0.2% | -27.6% | +87.9% | +231.6% | 0.0% |
| Cost of Revenue? | $2.93M | $10.36M | $0 | $11.18M | $2.65M | $0 |
| Gross Profit? | $28.39M | $41.49M | $51.80M | $60.36M | $35.43M | $11.48M |
| Gross Margin? | +90.7% | +80.0% | +100.0% | +84.4% | +93.0% | +100.0% |
| Operating Expenses? | $42.05M | $17.28M | $20.86M | $6.30M | -$17.05M | $5.71M |
| Operating Income? | -$13.65M | $13.86M | $30.94M | $43.77M | $21.04M | $5.77M |
| EBITDA? | -$14.53M | $20.65M | $0 | $81.95M | $38.59M | $0 |
| Income Before Tax | -$21.29M | $14.31M | $22.38M | $36.96M | $21.04M | $10.35M |
| Income Tax Expense | -$613,379 | $447,587 | $1.66M | $1.03M | $35,167 | $0 |
| Net Income? | -$20.67M | $16.78M | $20.95M | $35.93M | $21.00M | $10.35M |
| EPS? | $-0.95 | $0.78 | $1.02 | $1.81 | $1.28 | $0.32 |
| Diluted EPS? | $-0.95 | $0.80 | $1.02 | $1.80 | $1.28 | $0.32 |
Revenue, profitability, margins, EPS, and share-count trends over time.
Top-line demand and scale over time
Profit left after direct production costs
Core business profitability before financing and tax
Bottom-line profit after all expenses
Profit allocated to each diluted share
Share count trend that affects EPS quality
Gross, operating, and net margin quality