AFC Gamma Past Earnings Performance
Past criteria checks 2/6
AFC Gamma has been growing earnings at an average annual rate of 5.6%, while the Mortgage REITs industry saw earnings growing at 9.7% annually. Revenues have been declining at an average rate of 28.1% per year. AFC Gamma's return on equity is 3.5%, and it has net margins of 23.1%.
Key information
5.6%
Earnings growth rate
-17.7%
EPS growth rate
| Mortgage REITs Industry Growth | 4.6% |
| Revenue growth rate | -28.1% |
| Return on equity | 3.5% |
| Net Margin | 23.1% |
| Last Earnings Update | 31 Mar 2024 |
Recent past performance updates
Recent updates
Revenue & Expenses Breakdown
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 Mar 24 | 46 | 11 | 21 | 0 |
| 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 (23.1%) are lower than last year (56%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: 0FG's earnings have grown by 5.6% per year 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 (-70.3%) over the past year, making it difficult to compare to the Mortgage REITs industry average (-0.5%).
Return on Equity
High ROE: 0FG's Return on Equity (3.5%) is considered low.