share_log

Earnings Call Summary | AFC Gamma(AFCG.US) Q1 2024 Earnings Conference

Earnings Call Summary | AFC Gamma(AFCG.US) Q1 2024 Earnings Conference

财报电话会议摘要 | AFC Gamma (AFCG.US) 2024 年第一季度财报发布会
富途资讯 ·  05/10 04:22  · 电话会议

The following is a summary of the AFC Gamma, Inc. (AFCG) Q1 2024 Earnings Call Transcript:

以下是亚足联伽玛公司(AFCG)2024年第一季度财报电话会议记录摘要:

Financial Performance:

财务业绩:

  • AFC Gamma reported distributable earnings of $0.49 per share in Q1 2024 and paid a dividend of $0.48 in Q1 2024.

  • The company noted a net interest income of $14.8 million and distributable earnings of $10 million.

  • As of Q1 2024, total assets were $476.4 million, including cash and cash equivalents of $82.3 million, and shareholder equity was $310.6 million, with a book value per share of $15.03.

  • AFC Gamma报告称,2024年第一季度每股可分配收益为0.49美元,并在2024年第一季度派发了0.48美元的股息。

  • 该公司注意到净利息收入为1,480万美元,可分配收益为1000万美元。

  • 截至2024年第一季度,总资产为4.764亿美元,包括8,230万美元的现金及现金等价物,股东权益为3.106亿美元,每股账面价值为15.03美元。

Business Progress:

业务进展:

  • The company remains bullish on the cannabis industry, forecasting U.S. cannabis sales to reach $32 billion in 2024.

  • Originated $90 million of loans in Q1, split between cannabis operators and commercial real estate developers.

  • Preparing a spin-off of the commercial real estate portfolio due for completion by mid-2024.

  • Over $815 million potential loans for the real estate portfolio are in the pipeline.

  • Successful execution of loan exit from private company Eyes, achieving 24% IRR.

  • Increased cash generation noted in companies B and G, with potential exits under negotiation.

  • Continued expansion in the medical cannabis sector with $34 million debt funded to Sunburn Cannabis in Florida.

  • 该公司仍然看好大麻行业,预测2024年美国的大麻销售额将达到320亿美元。

  • 第一季度发放了9000万美元的贷款,由大麻运营商和商业房地产开发商分配。

  • 准备分拆商业房地产投资组合,该分拆计划于2024年中期完成。

  • 超过8.15亿美元的房地产投资组合潜在贷款正在筹划中。

  • 成功执行了私人公司Eyes的贷款退出,实现了24%的内部收益率。

  • B和G公司的现金产生量有所增加,可能的退出正在谈判中。

  • 医用大麻行业持续扩张,向佛罗里达州的Sunburn Cannabis融资了3,400万美元的债务。

More details: AFC Gamma IR

更多详情: 亚足联伽玛红外

Tips: For more comprehensive details, please refer to the IR website. The article is only for investors' reference without any guidance or recommendation suggestions.

提示:欲了解更多详情,请访问投资者关系网站。本文仅供投资者参考,不构成任何投资建议。

译文内容由第三方软件翻译。


以上内容仅用作资讯或教育之目的,不构成与富途相关的任何投资建议。富途竭力但不能保证上述全部内容的真实性、准确性和原创性。
    抢沙发