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NewLake (NLCP) Q2 Revenue Rises 3.8%

TheMotleyFool 
0 0 07.08.25
NewLake (NLCP) Q2 Revenue Rises 3.8%
 

NewLake Capital Partners (OTC:NLCP), a real estate investment trust focused on cannabis-related properties, reported second-quarter 2025 results on August 6, 2025. The company announced GAAP revenue of $12.9 million, outpacing analyst expectations of $12.49 million (GAAP) and Revenue increased approximately 3.8% year-over-year for the second quarter. Adjusted funds from operations (AFFO) per share reached $0.55. Net income attributable to common stockholders (GAAP) rose to $7.3 million. Overall, the quarter reflected steady operational performance with limited external growth but continued dividend stability. The GAAP results exceeded expectations, highlighting stability but also caution in a stressed industry environment.

Source: Analyst estimates for the quarter provided by FactSet.

NewLake Capital Partners specializes in buying and leasing commercial real estate to companies operating in the regulated U.S. cannabis sector. Its main assets are cultivation facilities and retail dispensaries, with 34 properties across several states. The company's business model centers around long-term sale-leaseback agreements, which offer financing to cannabis businesses in exchange for predictable rental income.

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Source Fool.com

Osaka Titanium Technologies Stock

€9.80
1.030%
There is an upward development for Osaka Titanium Technologies compared to yesterday, with an increase of €0.10 (1.030%).

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