AFC Gamma Inc
NASDAQ:AFCG
Income Statement
Earnings Waterfall
AFC Gamma Inc
Revenue
|
62.8m
USD
|
Cost of Revenue
|
-14.1m
USD
|
Gross Profit
|
48.8m
USD
|
Operating Expenses
|
-7.5m
USD
|
Operating Income
|
41.3m
USD
|
Other Expenses
|
-20.3m
USD
|
Net Income
|
21m
USD
|
Income Statement
AFC Gamma Inc
Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||
Revenue |
28
N/A
|
37
+32%
|
50
+34%
|
61
+22%
|
68
+12%
|
75
+10%
|
75
-1%
|
71
-5%
|
67
-6%
|
63
-6%
|
|
Gross Profit | |||||||||||
Cost of Revenue |
(6)
|
(8)
|
(11)
|
(13)
|
(15)
|
(16)
|
(16)
|
(15)
|
(14)
|
(14)
|
|
Gross Profit |
23
N/A
|
29
+28%
|
39
+33%
|
48
+23%
|
54
+12%
|
59
+10%
|
59
-1%
|
56
-5%
|
52
-7%
|
49
-7%
|
|
Operating Income | |||||||||||
Operating Expenses |
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
|
Selling, General & Administrative |
(6)
|
(6)
|
(6)
|
(7)
|
(7)
|
(8)
|
(8)
|
(8)
|
(8)
|
(8)
|
|
Operating Income |
17
N/A
|
23
+34%
|
32
+41%
|
41
+26%
|
46
+14%
|
52
+11%
|
51
-1%
|
48
-6%
|
44
-8%
|
41
-7%
|
|
Pre-Tax Income | |||||||||||
Interest Income Expense |
1
|
1
|
1
|
0
|
(2)
|
(4)
|
(5)
|
(5)
|
(3)
|
(9)
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
2
|
2
|
2
|
2
|
|
Total Other Income |
(2)
|
(3)
|
(4)
|
(4)
|
(4)
|
(11)
|
(11)
|
(8)
|
(8)
|
(12)
|
|
Pre-Tax Income |
16
N/A
|
21
+30%
|
30
+42%
|
37
+23%
|
40
+10%
|
37
-9%
|
37
+0%
|
38
+2%
|
35
-8%
|
23
-35%
|
|
Net Income | |||||||||||
Tax Provision |
0
|
(0)
|
(0)
|
(0)
|
(0)
|
(1)
|
(1)
|
(1)
|
(2)
|
(2)
|
|
Income from Continuing Operations |
16
|
21
|
30
|
36
|
40
|
36
|
36
|
37
|
33
|
21
|
|
Net Income (Common) |
16
N/A
|
21
+30%
|
30
+42%
|
36
+23%
|
40
+10%
|
36
-10%
|
36
0%
|
37
+2%
|
33
-10%
|
21
-37%
|
|
EPS (Diluted) |
0.96
N/A
|
1.52
+58%
|
1.51
-1%
|
1.84
+22%
|
1.99
+8%
|
1.8
-10%
|
1.74
-3%
|
1.8
+3%
|
1.62
-10%
|
1.03
-36%
|