Advanced Flower Capital (AFCG) Income Statement

Advanced Flower Capital reported revenue of $31.32M in fiscal 2025 (fiscal year ended Dec 31, 2025), down 0.9% from $31.59M a year earlier. Advanced Flower Capital posted a net loss of $20.67M, compared with net income of $16.78M a year earlier. Gross margin was 90.7% and operating margin -43.6%. In the most recent quarter, Q2 fiscal 2026 (ended Jun 30, 2026), revenue was $7.32M, up 15.7% from the same quarter a year earlier.

Advanced Flower Capital Income Statement Analysis

Values in millions USD

Income Statement Balance Sheet Cash Flow Ratios

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Advanced Flower Capital Inc. income statement - Annual data in millions USD
Breakdown	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period ending	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Revenue & Gross Profit
Revenue	31.32	31.59	51.80	71.54	38.08	11.48
Cost of Revenue	2.93	10.36	0.00	11.18	2.65	0.00
Gross Profit	28.39	41.49	51.80	60.36	35.43	11.48
Operating Expenses
Research & Development	0.00	0.00	0.00	-	-	0.00
Selling, General & Administrative	4.68	5.53	20.86	6.04	4.96	5.71
Operating Expenses	42.05	17.28	20.86	6.30	-17.05	5.71
Operating Income	-13.65	24.21	30.94	43.77	21.04	5.77
Other Income/Expense
Interest Income	31.32	51.99	70.54	81.50	38.14	0.00
Interest Expense	6.76	6.34	6.36	6.81	1.13	0.00
Other Income/Expense	-7.63	0.45	-8.57	-3.14	28.02	4.58
Income
Income Before Tax	-21.29	14.31	22.38	36.96	21.04	10.35
Income Tax Expense	-0.61	0.45	1.66	1.03	0.04	0.00
Net Income	-20.67	16.78	20.95	35.93	21.00	10.35
Net Income - Continuous Operations	-20.67	13.86	20.95	35.93	21.00	10.35
Net Income - Discontinued Operations	-	2.92	0.23	-	-	-
EBITDA	-14.53	21.67	0.00	81.95	38.59	0.00
EBIT	-	-	-	-	-	-
Depreciation & Amortization	0.00	1.03	0.00	38.18	16.43	0.00
Earnings Per Share
Basic EPS	-1.00	1.00	1.00	2.00	1.00	-
Diluted EPS	-1.00	1.00	1.00	2.00	1.00	-
Basic Shares Outstanding	22.25	20.82	20.32	19.84	16.44	13.37
Diluted Shares Outstanding	22.28	20.89	20.35	19.96	16.44	13.37

Source: Company financial statements from annual and quarterly filings. Data as of Jun 30, 2026. Data sources and methodology

Frequently Asked Questions About Advanced Flower Capital Financial Statements

What was Advanced Flower Capital's revenue in fiscal 2025?

Advanced Flower Capital reported revenue of $31.32M in fiscal 2025 (fiscal year ended Dec 31, 2025). That was down 0.9% from $31.59M a year earlier.

Is Advanced Flower Capital profitable?

No. Advanced Flower Capital reported a net loss of $20.67M in fiscal 2025. In fiscal 2024 it earned $16.78M.

What is Advanced Flower Capital's operating margin?

Advanced Flower Capital's operating income was −$13.65M on revenue of $31.32M in fiscal 2025, an operating margin of -43.6%, compared with 76.6% a year earlier.

What is net profit margin?

Net profit margin is net income divided by revenue. It shows how much of each dollar of sales a company keeps as profit after all costs, interest and taxes. Full definition