Advanced Flower Capital reported GAAP net income of $0.9 million, or $0.04 per share, and distributable earnings loss of $2.8 million, or $0.12 per share for Q4 2025. For the full year 2025, the company recorded a GAAP net loss of $20.7 million, or $0.95 per share, and distributable earnings of $8.7 million, or $0.39 per share.

On March 2, 2026, the board declared a cash dividend of $0.05 per share for Q1 2026, payable on April 15 to shareholders of record as of March 31. This regular distribution reflects the company’s commitment to returning capital under its business development company structure.

Following its BDC conversion, the company is focusing on disciplined portfolio management, resolving underperforming loan positions and redeploying capital into cash-flowing lower middle-market businesses. Management highlighted a robust pipeline of investment opportunities to drive long-term shareholder value.

A conference call to discuss the fourth quarter and full year 2025 results is scheduled for 10:00 am Eastern Time on March 4, 2026, accessible via live webcast and telephone registration. An archived replay will be available on the company’s Investor Relations website for 90 days.