Trade Advanced Flower Capital Inc - AFCG CFD

Trading Conditions

• TypeThis financial market is available for CFD trading.Learn more about:CFDs: CFD
• Spread: 0.03
• Long position overnight funding adjustmentLong position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.02218 %(-$4.44)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.02218%
• Short position overnight funding adjustmentShort position overnight funding adjustmentMargin. Your investment$1,000.00Overnight funding adjustmentCharges from full value of position-0.00004 %(-$0.01)Trade size with leverage ~ $20,000.00Money from leverage ~ $$19,000.00Go to platform: -0.00004%
• Overnight funding adjustment time: 21:00 (UTC)
• Currency: USD
• Min traded quantity: 10
• Margin: 5.00%
• Stock exchange: United States of America
• Commission on trade: 0%
• Guaranteed stop premiumA guaranteed stop-loss (GSL) fee is only charged if the GSL is triggered. Please consult the Charges and Fees section of our website for more details.: 1%

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.02218 %
  (-$4.44)

• Margin. Your investment: $1,000.00
• Overnight funding adjustmentCharges from full value of position: -0.00004 %
  (-$0.01)

Key Stats

• Prev. Close: 3.05
• Open: 3.05
• 1-Year Change: -10.03%
• Day's Range: 2.99 - 3.09

Trade Advanced Flower Capital Inc - AFCG

About AFC Gamma Inc

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.

Financial summary

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).