Advanced Flower Capital (AFCG) Earnings Transcript

Motley Fool Transcribing, The Motley Fool

Wed, March 4, 2026 astatine 10:00 AM CST 18 min read

Image source: The Motley Fool.

Wednesday, March 4, 2026 astatine 10 a.m. ET

• Chief Executive Officer — Daniel Neville

• Chief Financial Officer — Brandon Hetzel

• President and Chief Investment Officer — Robyn Tannenbaum

Daniel Neville, our Chief Executive Officer; and Brandon Hetzel, our Chief Financial Officer. Before we begin, I would similar to enactment that this telephone is being recorded. Replay accusation is included successful our 02/10/2026 property merchandise and is posted connected the Investor Relations information of Advanced Flower Capital Inc.'s website astatine advancedflowercapital.com, on with our 4th fourth and afloat twelvemonth net merchandise and capitalist presentation. Today's league telephone includes forward-looking statements and projections that bespeak the company's existent views with respect to, among different things, anticipated marketplace developments, portfolio yield, and fiscal show successful 2026 and beyond. These statements are taxable to inherent uncertainties successful predicting aboriginal results.

Please notation to Advanced Flower Capital Inc.'s astir caller periodic filings with the SEC, including our Annual Report connected Form 10-K filed earlier this morning, for definite conditions and important factors that could origin existent results to disagree materially from these forward-looking statements and projections. During this call, we volition notation to distributable earnings, which is simply a non-GAAP fiscal measure. Reconciliations to nett income, the astir comparable GAAP measure, for distributable net tin beryllium recovered successful Advanced Flower Capital Inc.'s net merchandise and capitalist presumption disposable connected our website. Today's telephone volition statesman with Robyn providing a high-level recap of our 2025 fiscal year, including the conversion to a BDC. Dan volition past supply an overview of our portfolio.

Finally, Brandon volition reason with a summary of our fiscal results earlier we unfastened the lines for Q&A. With that, I volition present crook the telephone implicit to our President and CIO, Robyn Tannenbaum.

Robyn Tannenbaum: Thanks, Gabe, and bully greeting to each our investors and analysts that person joined america today. Looking backmost connected 2025, Advanced Flower Capital Inc. was focused on, one, reducing our vulnerability to underperforming credits done progressive portfolio management, and two, converting from a existent property spot to a concern improvement company, oregon BDC, to grow the beingness of transactions Advanced Flower Capital Inc. could put in. We proceed to absorption our portfolio absorption efforts connected underperforming credits successful bid to sphere capital. We judge that arsenic we statesman to get repaid connected immoderate of these underperforming assets and reinvest that superior into performing credits, we whitethorn unlock aboriginal net potential.