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Regional settings| Spread | 0.09 | ||||
 Long position overnight feeLong position overnight fee
Trade size with leverage ~ US$5,000.00 Short position overnight fee ~ US$4,000.00 | -0.026179% | ||||
| Short position overnight fee Short position overnight fee
Trade size with leverage ~ US$5,000.00 Short position overnight fee ~ US$4,000.00 | 0.003957% | ||||
| Overnight fee time | 21:00 (UTC) | ||||
| Currency | USD | ||||
| Min traded quantity | 1 | ||||
| Margin | 20 | ||||
| Stock exchange | United States of America | ||||
| Commission on trade1 | 0% |
Information_provided_by_capital
1Our charge for executing your trade is the spread, the difference between the buy and sell price. Please consult the Charges and Fees section of our website for further information
| Prev. Close | 11.66 |
| Open | 11.65 |
| 1-Year Change | -0.77% |
| Day's Range | 11.65 - 11.81 |
AFC Gamma, Inc. is a commercial real estate (CRE) finance company. The Company is primarily focused on financing senior secured loans and other types of loans for established cannabis industry operators in states where medical and/or adult use cannabis is legal. These loans are generally held for investment and are secured, directly or indirectly, by real estate, equipment, licenses and/or other assets of borrowers depending on the applicable laws and regulations governing such borrowers. Its activity includes cash distributions and capital appreciation by providing loans to state law compliant cannabis companies. The Company’s loans typically have up to a five-year maturity and contain amortization and/or cash flow sweeps.
BRIEF: For the fiscal year ended 31 December 2021, AFC Gamma Inc revenues increased from $5.6M to $37.5M. Net income increased from $4.3M to $21M. Revenues reflect Interest income increase from $5.3M to $38.1M, Realized gains / (losses) on loans at fa increase of 30% to $450K. Net income was partially offset by General and administrative expenses increase from $785K to $3.2M (expense).
