Advanced Flower Capital Reports Q4 and Full Year 2025 Financial Results.

Advanced Flower Capital Inc. (AFCG) reported Q4 2025 GAAP net income of $0.9 million, or $0.04 per share, and a full-year GAAP net loss of $(20.7) million, or $0.95 per share. The firm's CEO, Dan Neville, stated that the company focused on disciplined portfolio management and completed its BDC conversion in 2025 by resolving underperforming loans and reallocating capital to lower-middle-market enterprises. AFCG offers commercial real estate finance services, primarily originating, structuring, underwriting, and managing senior secured loans and other types of loans for established businesses in the cannabis market across states.