share_log

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

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

業績電話會議摘要 | AFC Gamma (AFCG.US) 2024 年第一季度業績發佈會
富途資訊 ·  05/10 04:22  · 電話會議

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

以下是亞足聯伽瑪公司(AFCG)2024年第一季度業績電話會議記錄摘要:

Financial Performance:

財務業績:

  • 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報告稱,2024年第一季度每股可分配收益爲0.49美元,並在2024年第一季度派發了0.48美元的股息。

  • 該公司注意到淨利息收入爲1,480萬美元,可分配收益爲1000萬美元。

  • 截至2024年第一季度,總資產爲4.764億美元,包括8,230萬美元的現金及現金等價物,股東權益爲3.106億美元,每股賬面價值爲15.03美元。

Business Progress:

業務進展:

  • 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.

  • 該公司仍然看好大麻行業,預測2024年美國的大麻銷售額將達到320億美元。

  • 第一季度發放了9000萬美元的貸款,由大麻運營商和商業房地產開發商分配。

  • 準備分拆商業房地產投資組合,該分拆計劃於2024年中期完成。

  • 超過8.15億美元的房地產投資組合潛在貸款正在籌劃中。

  • 成功執行了私人公司Eyes的貸款退出,實現了24%的內部收益率。

  • B和G公司的現金產生量有所增加,可能的退出正在談判中。

  • 醫用大麻行業持續擴張,向佛羅里達州的Sunburn Cannabis融資了3,400萬美元的債務。

More details: AFC Gamma IR

更多詳情: 亞足聯伽瑪紅外

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:欲了解更多詳情,請訪問投資者關係網站。本文僅供投資者參考,不構成任何投資建議。

譯文內容由第三人軟體翻譯。


以上內容僅用作資訊或教育之目的,不構成與富途相關的任何投資建議。富途竭力但無法保證上述全部內容的真實性、準確性和原創性。
    搶先評論