AFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2023
WEST PALM BEACH, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced its results for the fourth quarter and year ended December 31, 2023.
- WEST PALM BEACH, Fla., March 07, 2024 (GLOBE NEWSWIRE) -- AFC Gamma, Inc. (NASDAQ:AFCG) (“AFC Gamma” or the “Company”) today announced its results for the fourth quarter and year ended December 31, 2023.
- “AFC Gamma has made significant progress on portfolio management initiatives in the fourth quarter and into 2024 in spite of a challenging cannabis backdrop,” said Daniel Neville, the Company’s Chief Executive Officer.
- For the fourth quarter of 2023, AFC Gamma distributed $9.8 million in dividends, or $0.48 per common share, compared to Distributable Earnings of $0.49 per basic weighted average common share for such period.
- AFC Gamma issued a presentation of its fourth quarter and full year 2023 results, titled “Fourth Quarter and Annual 2023 Earnings Presentation,” which can be viewed at www.afcgamma.com under the Investor Relations section.