AFC Gamma Q4 Net Income Plunges on Projected Credit Losses of $8.1 Million

New Cannabis Ventures
By NCV NewswireMar 7, 2023, 2:04 pm178 pts
AFC Gamma, Inc. Announces Financial Results for Fourth Quarter and Full Year 2022 Fourth quarter GAAP net income of $2.9 million or $0.14 per basic weighted average common share and Distributable Earnings(1) of $12.6 million or $0.62 per basic weighted average common share Full year GAAP net income of $35.9…

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