Earnings ·
Reports Q3 GAAP net investment income of $0.16 per share and raises NAV to $8.55
AFCGAdvanced Flower Capital Inc.
Advanced Flower Capital Inc. reported third-quarter 2026 financial results showing a GAAP net investment income (NII) of $3.5 million, or $0.16 per weighted average share. Net asset value (NAV) per share increased to $8.55 from $8.25 in the prior quarter, driven by a $2.9 million net unrealized gain on investments and total investment income of $8.6 million. The company repurchased 285,656 shares at a weighted average price of $3.46 under its authorized program, generating $0.06 per share in NAV accretion. As of September 30, 2026, the investment portfolio stood at $289.6 million across 18 investments with a weighted average yield of 13.3%. Advanced Flower Capital Inc. is a publicly traded business development company that provides flexible credit solutions to lower middle-market companies.