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AFC Gamma (AFC Gamma) Pretax Margin % : -100.28% (As of Dec. 2023)


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What is AFC Gamma Pretax Margin %?

Pre-Tax margin is calculated as Pre-Tax Income divided by its Revenue. AFC Gamma's Pre-Tax Income for the three months ended in Dec. 2023 was $-8.54 Mil. AFC Gamma's Revenue for the three months ended in Dec. 2023 was $8.51 Mil. Therefore, AFC Gamma's pretax margin for the quarter that ended in Dec. 2023 was -100.28%.

The historical rank and industry rank for AFC Gamma's Pretax Margin % or its related term are showing as below:

AFCG' s Pretax Margin % Range Over the Past 10 Years
Min: 41.62   Med: 51.66   Max: 55.24
Current: 41.62


AFCG's Pretax Margin % is ranked better than
56.66% of 796 companies
in the REITs industry
Industry Median: 33.985 vs AFCG: 41.62

AFC Gamma Pretax Margin % Historical Data

The historical data trend for AFC Gamma's Pretax Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

AFC Gamma Pretax Margin % Chart

AFC Gamma Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Pretax Margin %
- 55.24 51.66 41.62

AFC Gamma Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Pretax Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 20.46 66.54 78.68 58.21 -100.28

Competitive Comparison of AFC Gamma's Pretax Margin %

For the REIT - Specialty subindustry, AFC Gamma's Pretax Margin %, along with its competitors' market caps and Pretax Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


AFC Gamma's Pretax Margin % Distribution in the REITs Industry

For the REITs industry and Real Estate sector, AFC Gamma's Pretax Margin % distribution charts can be found below:

* The bar in red indicates where AFC Gamma's Pretax Margin % falls into.



AFC Gamma Pretax Margin % Calculation

Pretax margin - also known as pretax profit margin is the ratio of Pretax Income divided by net sales or Revenue, usually presented in percent.

AFC Gamma's Pretax Margin for the fiscal year that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=22.611/54.324
=41.62 %

AFC Gamma's Pretax Margin for the quarter that ended in Dec. 2023 is calculated as

Pretax Margin=Pre-Tax Income (Q: Dec. 2023 )/Revenue (Q: Dec. 2023 )
=-8.535/8.511
=-100.28 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


AFC Gamma  (NAS:AFCG) Pretax Margin % Explanation

The pretax margin, as know as pretax profit margin, is widely used to measure the operating efficiency of a company before deducting taxes.

The pretax margin is sometimes preferred over the net margin as tax expenditures can make profitability comparisons between companies misleading.

It is a useful tool to compare companies operating in the same sector and less effective when comparing companies from other sectors as each industry generally has different operating expenses and sales patterns.

The long term trend of the pretax margin is a good indicator of the competitiveness and health of the business.


AFC Gamma Pretax Margin % Related Terms

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AFC Gamma (AFC Gamma) Business Description

Traded in Other Exchanges
Address
525 Okeechobee Boulevard, Suite 1650, West Palm Beach, FL, USA, 33401
AFC Gamma Inc is a commercial real estate finance company. The company originates, structures, underwrites and manages senior secured loans and other types of loans for established cannabis industry operators in states that have legalized medicinal and/or adult-use cannabis.
Executives
James C. Fagan director 123 HARBOR DRIVE, UNIT 211, STAMFORD CT 06902
Leonard M Tannenbaum director, 10 percent owner, officer: Chief Executive Officer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Robyn Tannenbaum officer: Managing Director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Brandon Hetzel officer: CFO and Treasurer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Jonathan Gilbert Kalikow director, 10 percent owner, officer: Head of Real Estate 101 PARK AVENUE, 11TH FLOOR, NEW YORK NY 10178
Brett Kaufman officer: CFO and Treasurer 4400 BISCAYNE BLVD., 12TH FLOOR, MIAMI FL 33137
Marnie Migatz Sudnow director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Thomas L Harrison director
Jodi Hanson Bond director 777 WEST PUTNAM AVENUE, 3RD FLOOR, GREENWICH CT 06830
Alexander C Frank director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Robert L Levy director 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401
Tomer Tzur director 7545 SW 54TH AVENUE, MIAMI FL 33143
Thomas Geoffroy officer: CFO and Treasurer 525 OKEECHOBEE BLVD., SUITE 1770, WEST PALM BEACH FL 33401

AFC Gamma (AFC Gamma) Headlines