AFC Gamma Q4 2021 Earnings Report
Key Takeaways
AFC Gamma reported a net income of $7.0 million, or $0.43 per basic weighted average share, and distributable earnings of $8.5 million, or $0.52 per basic weighted average share for Q4 2021. The company closed $127.3 million of new commitments in Q4 2021 and funded $125.6 million of new and existing commitments.
Net income of $7.0 million in Q4 2021, or $0.43 per basic weighted average share of common stock
Distributable earnings of $8.5 million in Q4 2021, or $0.52 per basic weighted average share of common stock
Closed $127.3 million of new commitments in Q4 2021 and funded $125.6 million of new and existing commitments
Paid a dividend of $0.50 per common share on January 14, 2022 for Q4 2021, representing a 16% increase from the prior quarter