← Research LibraryThe BriefFY2025 10-K · headline figures audited against SEC data
Advanced Flower Capital's revenue fell 46.2% and net income turned negative, even as insiders bought $6.6M of stock.
The read at a glance✓ Audited against SEC data
- Business mix — Cannabis-focused secured lenderNote
- Revenue — Revenue fell 46.2% to $24.6MWatch
- Profitability — Net loss was $20.7MWatch
- Cash quality — Cash from ops fell to $11.2MWatch
- Balance sheet — Equity fell 12.8% to $175.6MWatch
- Insiders — 35 buys / 0 sells; $6.6M boughtOK
- Accounting — No forensic screen in bundleNote
Business
Advanced Flower Capital is an externally managed institutional lender focused on senior secured loans, mortgage loans, and debt securities, with a specialization in state-law-compliant cannabis companies.
Leadership changes
From Advanced Flower Capital Inc.'s own filings, the day they're filed.
- Pete Sattelmair · Directors · appointmenteff. 2026-03-16
- Robyn Tannenbaum · Chief Investment Officer · appointmenteff. 2024-10-21
- Leonard M. Tannenbaum · Chief Investment Officer · departureeff. 2024-10-21
Latest filings
- 8-K · Company announcement2026-08-26
- 8-K · Company announcement2026-08-13
- 10-Q · Quarterly report2026-08-13
- 8-K · Company announcement2026-06-30
- 8-K · Company announcement2026-06-18
In the full recordFree for 14 days
- What changed🔒
- Insider signal🔒
- Growth quality🔒
- Margins & accounting🔒
- Capital allocation🔒
- Real risks🔒
- The long arc🔒
- Company history🔒
- Main tension🔒
- The filings, readable — with what changed vs the prior year highlighted🔒
- Full financial statements, industry-aware, sources cited throughout🔒
- Forensic score history & components — the trend, not one year🔒
- Ownership: insider buys/sells, clusters, activist stakes🔒
- Ana — ask about Advanced Flower Capital Inc., every answer cited to the official filings🔒
Every figure comes from the company's filings, and analysis whose figures don't match SEC data is rejected before publication.
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