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Sep 30, 2023
AFC Gamma Q3 2023 Earnings Report
AFC Gamma reported GAAP net income and Distributable Earnings for the third quarter of 2023.
Key Takeaways
AFC Gamma announced its Q3 2023 financial results, reporting a net income of $8.0 million, or $0.39 per share, and Distributable Earnings of $9.9 million, or $0.49 per share. The company declared a dividend of $0.48 per share for the quarter.
GAAP net income was $8.0 million, or $0.39 per share.
Distributable Earnings was $9.9 million, or $0.49 per share.
A dividend of $0.48 per common share was declared for Q3 2023.
Daniel Neville was appointed as the new Chief Executive Officer, effective November 13, 2023.
Forward Guidance
This release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect our current views and projections with respect to, among other things, future events and financial performance.
Historical Earnings Impact
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Avg. Return Before/After Earnings
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