AFC Gamma Past Earnings Performance
Past criteria checks 1/6
AFC Gamma has been growing earnings at an average annual rate of 18.2%, while the Mortgage REITs industry saw earnings growing at 6.4% annually. Revenues have been growing at an average rate of 29.5% per year. AFC Gamma's return on equity is 6.5%, and it has net margins of 39.7%.
Key information
18.2%
Earnings growth rate
-8.4%
EPS growth rate
| Mortgage REITs Industry Growth | 4.6% |
| Revenue growth rate | 29.5% |
| Return on equity | 6.5% |
| Net Margin | 39.7% |
| Next Earnings Update | 09 May 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses BreakdownBeta
How AFC Gamma makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Dec 23 | 52 | 21 | 21 | 0 |
| 30 Sep 23 | 60 | 33 | 22 | 0 |
| 30 Jun 23 | 63 | 36 | 23 | 0 |
| 31 Mar 23 | 64 | 36 | 23 | 0 |
| 31 Dec 22 | 64 | 36 | 23 | 0 |
| 30 Sep 22 | 64 | 40 | 22 | 0 |
| 30 Jun 22 | 56 | 36 | 21 | 0 |
| 31 Mar 22 | 46 | 30 | 18 | 0 |
| 31 Dec 21 | 34 | 21 | 14 | 0 |
| 31 Dec 20 | 11 | 10 | 6 | 0 |
Quality Earnings: 0FG has high quality earnings.
Growing Profit Margin: 0FG's current net profit margins (39.7%) are lower than last year (56.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: Insufficient data to determine if 0FG's year-on-year earnings growth rate was positive over the past 5 years.
Accelerating Growth: 0FG's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: 0FG had negative earnings growth (-42.2%) over the past year, making it difficult to compare to the Mortgage REITs industry average (-3.9%).
Return on Equity
High ROE: 0FG's Return on Equity (6.5%) is considered low.