Filing Flows › Advanced Flower Capital (AFCG) › Q1 2025
Advanced Flower Capital (AFCG) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 14, 2025
Advanced Flower Capital (AFCG) reported revenue of $6.6M for the first quarter 2025 (Q1 2025), -48% from a year earlier and -13% from the quarter before. Operating margin was 62.9%, net earnings $4.1M (61.2% of revenue).
Advanced Flower Capital, Q1 2025: revenue $6.6M (-48% year over year), operating margin 62.9%, net earnings $4.1M, operating cash flow $3.9M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $6.6M | -13% | -48% |
| Operating profit | $4.2M | — | 40× |
| Net earnings | $4.1M | — | — |
| Operating cash flow | $3.9M | +76% | -38% |
What changed
Revenue was $6.6M in Q1 2025, down 48% year over year and down 13% from the previous quarter.
Operating profit was $4.2M, a 62.9% margin (up 62.1 points year over year). Total costs fell 80% while revenue fell 48%. Net earnings were $4.1M. The effective tax rate was 2.7%.
Operating cash flow was $3.9M (down 38% year over year), 96% of net earnings. Non-cash charges added back $554K of share-based compensation. Working capital and other items used $700K.
Questions
What was Advanced Flower Capital's revenue in the first quarter 2025?
Advanced Flower Capital (AFCG) reported revenue of $6.6M for the first quarter 2025 (Q1 2025), -48% from a year earlier and -13% from the quarter before.
Was Advanced Flower Capital profitable in the first quarter 2025?
Operating profit was $4.2M (62.9% of revenue) and net earnings $4.1M.