AFC Gamma, Inc. (AFCG) Q4 2023 Earnings Call Transcript

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153.96K Followers

Q4: 2024-03-07 Earnings Summary

EPS of -$0.50 misses by $1.00
 | Revenue of $15.97M (-18.93% Y/Y) beats by $58.63K

AFC Gamma, Inc. (NASDAQ:AFCG) Q4 2023 Earnings Conference Call March 7, 2024 10:00 AM ET

Company Participants

Gabriel Katz - Chief Legal Officer
Leonard Tannenbaum - Executive Chairman
Daniel Neville - Chief Executive Officer
Robyn Tannenbaum - President
Brandon Hetzel - Chief Financial Officer

Conference Call Participants

Pablo Zuanic - Zuanic & Associates

Operator

Good morning and welcome to AFC Gamma’s Earnings Conference Call for the Fourth Quarter and Fiscal Year ended December 31, 2023. [Operator Instructions] As a reminder, this call is being recorded. I would now like to turn the call over to Gabriel Katz, Chief Legal Officer. Please go ahead.

Gabriel Katz

Good morning and thank you all for joining AFC Gamma’s earnings call for the fourth quarter and fiscal year ended December 31, 2023. I am joined this morning by Leonard Tannenbaum, our Executive Chairman; Daniel Neville, our Chief Executive Officer; Robyn Tannenbaum, our President; and Brandon Hetzel, our Chief Financial Officer.

Before we begin, I would like to note that this call is being recorded. Replay information is included in our January 31, 2024 press release and is posted on the Investor Relations portion of AFC Gamma’s website at afcgamma.com, along with our fourth quarter and fiscal year 2023 earnings release and investor presentation.

Today’s conference call includes forward-looking statements and projections that reflect the company’s current views with respect to, among other things, future market developments, anticipated portfolio yield and financial performance and projections in 2024 and beyond. These statements are subject to inherent uncertainties in predicting future results. Please refer to AFC Gamma’s most recent periodic filings with the SEC for certain conditions and significant factors that could cause actual results to differ materially from these forward-looking statements and projections.

During this call, we will refer to distributable earnings, which is a non-GAAP financial measure. Reconciliations

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