Filing Flows › Advanced Flower Capital (AFCG) › Q4 2025 › vs Q4 2024
Advanced Flower Capital (AFCG) Q4 2025 vs Q4 2024 (year over year)
Advanced Flower Capital's revenue fell $2.5M (-32%) from $7.6M in Q4 2024 to $5.2M in Q4 2025. Operating margin 23.2% against -18.0% (+41.2 pts).
Advanced Flower Capital, Q4 2025: revenue $5.2M (-32% year over year), operating margin 23.2%, net earnings $842K, operating cash flow −$561K. The chart draws each line against Q4 2024, the increases inside each band.
Margins
| Q4 2025 | Q4 2024 | Change | |
|---|---|---|---|
| Operating margin | 23.2% | -18.0% | +41.2 pts |
| Net margin | 16.2% | -14.1% | +30.4 pts |
Every line
| Line | Q4 2025 | Q4 2024 | Change | % |
|---|---|---|---|---|
| Revenue | $5.2M | $7.6M | −$2.5M | -32% |
| Operating profit | $1.2M | −$1.4M | $2.6M | — |
| Costs & expenses | $4.0M | $9.0M | −$5.0M | -56% |
| Pre-tax earnings | $1.2M | −$1.4M | $2.6M | — |
| General & admin | $977K | $1.0M | −$49K | -5% |
| Other operating costs | $3.0M | $8.0M | −$5.0M | -62% |
| Net earnings | $842K | −$1.1M | $1.9M | — |
| Minority interests | $72K | $87K | −$15K | -18% |
| Income tax | $287K | −$383K | $670K | — |
| Operating cash sources | $6.7M | −$3.0M | $9.8M | — |
| Share-based compensation | $5.3M | $260K | $5.1M | 20× |
| Cash used in operations | $561K | −$2.2M | $2.8M | — |
| Working capital & other | $6.7M | −$3.0M | $9.8M | — |
Questions
How much did Advanced Flower Capital's revenue grow year over year in Q4 2025?
Advanced Flower Capital's revenue fell $2.5M (-32%) from $7.6M in Q4 2024 to $5.2M in Q4 2025. Operating margin 23.2% against -18.0% (+41.2 pts).