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AFCG| Name | Value |
|---|---|
| Revenues | 20.0M |
| Cost of Revenue | 4.0M |
| Gross Profit | 16.0M |
| Operating Expense | 7.8M |
| Operating I/L | 12.1M |
| Other Income/Expense | 4.6M |
| Interest Income | 20.0M |
| Pretax | 16.7M |
| Income Tax Expense | 0.3M |
| Net Income/Loss | 16.4M |
AFC Gamma, Inc. specializes in originating, structuring, underwriting, and investing in senior secured loans and other debt securities for established cannabis companies in legalized states. The company primarily offers senior loans secured by real estate, equipment, licenses, and other assets of the loan parties, in compliance with applicable laws and regulations. AFC Gamma, Inc. generates revenue by charging interest on the loans it originates and invests in. The company's focus on the cannabis industry and its expertise in structuring secured loans position it as a key financial partner for established cannabis businesses seeking capital for expansion and growth.
