Latest news with #IncentiveCompensation
Yahoo
13-06-2025
- Business
- Yahoo
Advanced Flower Capital Announces Dividend for the Second Quarter 2025
WEST PALM BEACH, Fla., June 13, 2025 (GLOBE NEWSWIRE) -- Advanced Flower Capital Inc. (Nasdaq: AFCG) ('AFC' or the 'Company') today announced its dividend for the quarter ending June 30, 2025. The Board of Directors of AFC declared a quarterly dividend of $0.15 per outstanding share of common stock for the quarter ending June 30, 2025. The dividend is payable on July 15, 2025 to the common stockholders of record on June 30, 2025. The Board of Directors evaluates the Company's Distributable Earnings (as defined below) each quarter to determine the dividend level. The second quarter dividend was impacted due to a realized loss during the quarter related to the loan to Public Company A. About Advanced Flower Capital Inc. Advanced Flower Capital Inc. (Nasdaq: AFCG) is a leading commercial mortgage real estate investment trust ('REIT') that provides institutional loans to state law compliant cannabis operators in the U.S. Through the management team's deep network and significant credit and cannabis expertise, AFC originates, structures, underwrites and manages loans ranging from $10 million to over $100 million, typically secured by quality real estate assets, license value and cash flows. It is based in West Palm Beach, Florida. Non-GAAP Metrics In addition to using certain financial metrics prepared in accordance with GAAP to evaluate our performance, we also use 'Distributable Earnings' to evaluate our performance excluding the effects of certain transactions and GAAP adjustments we believe are not necessarily indicative of our current loan activity and operations. Distributable Earnings is a measure that is not prepared in accordance with GAAP. Distributable Earnings and the other capitalized terms not defined in this section have the meanings ascribed to such terms in our most-recently filed Quarterly Report on Form 10-Q. We use this non-GAAP financial measure both to explain our results to shareholders and the investment community and in the internal evaluation and management of our businesses. Our management believes that this non-GAAP financial measure and the information it provides is useful to investors since this measure permits investors and shareholders to assess the overall performance of our business using the same tools that our management uses to evaluate our past performance and prospects for future performance. The determination of Distributable Earnings is substantially similar to the determination of Core Earnings under our Management Agreement, provided that Core Earnings is a component of the calculation of any Incentive Compensation earned under the Management Agreement for the applicable time period, and thus Core Earnings is calculated without giving effect to Incentive Compensation expense, while the calculation of Distributable Earnings accounts for any Incentive Compensation earned for such time period. We define Distributable Earnings as, for a specified period, the net income (loss) computed in accordance with GAAP, excluding (i) stock-based compensation expense, (ii) depreciation and amortization, (iii) any unrealized gains, losses or other non-cash items recorded in net income (loss) for the period, regardless of whether such items are included in other comprehensive income or loss, or in net income (loss); provided that Distributable Earnings does not exclude, in the case of investments with a deferred interest feature (such as original issue discount, debt instruments with PIK interest and zero coupon securities), accrued income that we have not yet received in cash, (iv) provision for (reversal of) current expected credit losses, (v) taxable REIT (as defined below) subsidiary ('TRS') (income) loss, net of any dividends received from TRS and (vi) one-time events pursuant to changes in GAAP and certain non-cash charges, in each case after discussions between our Manager and our independent directors and after approval by a majority of such independent directors. We believe providing Distributable Earnings on a supplemental basis to our net income as determined in accordance with GAAP is helpful to shareholders in assessing the overall performance of our business. As a REIT, we are required to distribute at least 90% of our annual REIT taxable income, subject to certain adjustments, and to pay tax at regular corporate rates to the extent that we annually distribute less than 100% of such taxable income. Given these requirements and our belief that dividends are generally one of the principal reasons that shareholders invest in our common stock, we generally intend to attempt to pay dividends to our shareholders in an amount at least equal to such REIT taxable income, if and to the extent authorized by our Board of Directors. Distributable Earnings is one of many factors considered by our Board of Directors in authorizing dividends and, while not a direct measure of net taxable income, over time, the measure can be considered a useful indicator of our dividends. Distributable Earnings is a non-GAAP financial measure and should not be considered as a substitute for GAAP net income. We caution readers that our methodology for calculating Distributable Earnings may differ from the methodologies employed by other REITs to calculate the same or similar supplemental performance measures, and as a result, our reported Distributable Earnings may not be comparable to similar measures presented by other REITs. Forward-Looking Statements This news release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that reflect the company's current views and projections with respect to, among other things, operating results and borrower activity. All statements other than historical facts, are forward-looking statements. Words such as 'believes,' 'expects,' 'will,' 'intends,' 'plans,' 'guidance,' 'estimates,' 'projects,' 'anticipates,' and 'future' or similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to the inherent uncertainties in predicting future results and conditions and are not guarantees of future performance, conditions or results. Certain factors, risks and uncertainties discussed under the caption 'Risk Factors' and elsewhere in AFC's most recently filed periodic reports on Form 10-K and Form 10-Q and subsequent filings, could cause actual results and performance to differ materially from those projected in these forward-looking statements. Investor Relations Contact Robyn Tannenbaum561-510-2293 ir@ Media Contact Collected StrategiesJim Golden / Jack KelleherAFCG-CS@ in to access your portfolio
National Post
03-06-2025
- Business
- National Post
Everstage Delivers a Modern Sales Performance Management Platform with New Sales Planning Product and Strategic Finance Leadership to Align Strategy with Innovation Roadmap
Article content NEW YORK — Everstage, the leading modern sales performance management platform, announced the launch of its newest product: Everstage Planning. Designed for enterprise needs, Everstage Planning empowers organizations to manage territory, quota, and capacity with precision, therefore expanding Everstage's offerings beyond Incentive Compensation Management (ICM) into holistic Sales Performance Management (SPM). Article content Article content The $1.5 billion sales performance management (SPM) market is on a strong growth trajectory, projected to expand at a CAGR of 11.5% through 2028. Yet, most vendors still treat planning and compensation as disconnected workflows, leading to costly misalignment between sales capacity, revenue targets, and financial accountability. Article content To lead this product evolution, Niranjan, former CFO of Disprz, has joined Everstage as VP of Finance. With 20+ years of finance leadership experience, Niranjan will guide the development of Planning to ensure it meets the highest standards of financial accuracy while remaining intuitive for operations teams. Everstage is delivering a strategic financial platform that CFOs and CROs can rely on for critical decision-making. Article content 'When your star reps outperform, is it truly their salesmanship? Or were their quotas simply lower, or their territories more lucrative, like Northern California?' said Siva Rajamani, CEO and Co-Founder of Everstage. 'These are the kinds of questions that only get answered when planning and compensation are looked at together. That's what enables smarter, data-backed go-to-market strategies for the future.' Article content Everstage Planning solves a long-standing disconnect in enterprise organizations, where finance teams own planning accountability but revenue operations execute on it. Traditionally, capacity planning, quota setting, and compensation have lived in silos—leading to inefficiencies, errors, and misaligned incentives. Article content The product enables cross-functional teams to: Article content Design balanced territories based on rep capacity and market potential. Plan and forecast sales capacity aligned to revenue goals and hiring timelines. Set achievable quotas using AI-driven historical analysis. Model the financial impact of changes in real time. Link planning decisions directly to compensation plans. Article content Everstage Planning integrates seamlessly with Everstage Incentives, ensuring a smooth experience from strategic planning to real-time payouts. Article content 'Having led finance teams at Freshworks, VMware, and Infosys, I've witnessed how disconnected planning and compensation systems create operational inefficiencies and financial risk. We're building an enterprise-grade planning product that bridges the gap between finance and sales operations,' said Niranjan. 'Our goal is to give CFOs the modeling power they need and revenue teams the agility they demand.' Article content Strategic Finance Perspective Article content Niranjan's appointment is particularly significant as Everstage Planning bridges traditional silos between sales operations and finance. His expertise will help enhance SPM capabilities such as: Article content CFO-level financial modeling and scenario planning Audit-compliant quota and territory allocation Real-time impact and variance reporting Board-ready dashboards for capacity visibility Article content CEO Siva Rajamani added, 'Other planning tools offer point tools that don't talk to each other. They're either too simplistic for enterprise financial requirements or too complex for sales teams to adopt. Guided by Niranjan's financial pedigree, we're building a connected platform—one that brings every decision, from planning through commissions, into one intelligent system.' Article content Everstage is a leading modern Sales Performance Management solution that streamlines planning and management allowing operations and finance professionals to turn compensation management into a revenue driver. Founded in 2020, the platform is built to manage modern requirements critical to the success of sales operations and finance teams. Everstage was founded by Siva Rajamani, formerly the Head of Global Revenue Operations at Freshworks, who experienced firsthand the modern challenges faced by these teams. Article content With a founding team of sales compensation experts, Everstage was built with two core missions: simplifying operations and finance professionals' work through automation and insights, and bringing certainty to sellers' earnings. Today, Everstage has over 200 customers and helps companies like Wiley, Trimble, and Diligent, face the modern requirements of sales performance management. Article content Article content Article content Article content Article content Article content
Yahoo
21-05-2025
- Business
- Yahoo
CustomerInsights.AI's Incentive Compensation Administration App Now Available in Microsoft Azure Marketplace
Microsoft Azure customers worldwide now gain access to Incentive Compensation (IC) Administration App to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies. SCOTTSDALE, Ariz., May 21, 2025 /PRNewswire/ -- a leading provider of AI-powered applications for the pharmaceutical and life sciences industry, today announced the availability of its Incentive Compensation (IC) Administration App in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. customers can now take advantage of the productive and trusted Azure cloud platform with streamlined deployment and management. The IC Administration App simplifies complex incentive compensation processes through a robust, cloud-based platform, reducing administrative overhead and enhancing strategic decision-making. IC Administration App is designed for IC admins, HQ teams, and field sales teams, enabling them to configure, analyze, and optimize compensation plans with real-time insights. Key benefits include: Quick time to market: Reduces field report processing time by 70 percent, enabling faster and accurate compensation adjustments. Enhanced transparency and accuracy: Provides complete visibility into every stage of the IC process while ensuring flawless data accuracy with auto-generated validation reports, eliminating discrepancies and disputes. Easy reporting: Generates sales crediting, management summaries, and field scorecards in minutes. Streamlined end-to-end administration enables management of the entire IC process, from specialty adjustments to territory splits, with ease. "The availability of our IC Administration App in the Azure Marketplace marks a significant step in making our solutions more accessible to pharmaceutical companies," said Abhay Jajoo, CEO of "This partnership allows clients to quickly deploy our app, streamline their compensation processes, and gain real-time insights enabling them to drive better business outcomes." "Microsoft welcomes IC Administration App to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "Azure Marketplace and trusted partners like help customers do more with less by increasing efficiency, buying confidently, and spending smarter." The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use. Learn more about IC Administration App at its page in the Azure Marketplace. About in 2018, delivers AI-powered commercial analytics applications to the pharmaceutical and life sciences industries. Its commercial analytics cloud, ciPARTHENON™, is a ready-to-deploy, no-code, unified data management and analytics platform with 40+ vertical applications across Sales Operations & Analytics, Customer Engagement, Market Access, and Information Management, accelerating the delivery of actionable insights. For more information, visit or follow us on LinkedIn. View original content to download multimedia: SOURCE Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
21-05-2025
- Business
- Yahoo
CustomerInsights.AI's Incentive Compensation Administration App Now Available in Microsoft Azure Marketplace
Microsoft Azure customers worldwide now gain access to Incentive Compensation (IC) Administration App to take advantage of the scalability, reliability, and agility of Azure to drive application development and shape business strategies. SCOTTSDALE, Ariz., May 21, 2025 /PRNewswire/ -- a leading provider of AI-powered applications for the pharmaceutical and life sciences industry, today announced the availability of its Incentive Compensation (IC) Administration App in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. customers can now take advantage of the productive and trusted Azure cloud platform with streamlined deployment and management. The IC Administration App simplifies complex incentive compensation processes through a robust, cloud-based platform, reducing administrative overhead and enhancing strategic decision-making. IC Administration App is designed for IC admins, HQ teams, and field sales teams, enabling them to configure, analyze, and optimize compensation plans with real-time insights. Key benefits include: Quick time to market: Reduces field report processing time by 70 percent, enabling faster and accurate compensation adjustments. Enhanced transparency and accuracy: Provides complete visibility into every stage of the IC process while ensuring flawless data accuracy with auto-generated validation reports, eliminating discrepancies and disputes. Easy reporting: Generates sales crediting, management summaries, and field scorecards in minutes. Streamlined end-to-end administration enables management of the entire IC process, from specialty adjustments to territory splits, with ease. "The availability of our IC Administration App in the Azure Marketplace marks a significant step in making our solutions more accessible to pharmaceutical companies," said Abhay Jajoo, CEO of "This partnership allows clients to quickly deploy our app, streamline their compensation processes, and gain real-time insights enabling them to drive better business outcomes." "Microsoft welcomes IC Administration App to Azure Marketplace, where global customers can find, try, and buy from among thousands of partner solutions," said Jake Zborowski, General Manager, Microsoft Azure Platform at Microsoft Corp. "Azure Marketplace and trusted partners like help customers do more with less by increasing efficiency, buying confidently, and spending smarter." The Azure Marketplace is an online market for buying and selling cloud solutions certified to run on Azure. The Azure Marketplace helps connect companies seeking innovative, cloud-based solutions with partners who have developed solutions that are ready to use. Learn more about IC Administration App at its page in the Azure Marketplace. About in 2018, delivers AI-powered commercial analytics applications to the pharmaceutical and life sciences industries. Its commercial analytics cloud, ciPARTHENON™, is a ready-to-deploy, no-code, unified data management and analytics platform with 40+ vertical applications across Sales Operations & Analytics, Customer Engagement, Market Access, and Information Management, accelerating the delivery of actionable insights. For more information, visit or follow us on LinkedIn. View original content to download multimedia: SOURCE
