---
schema_version: "secwatch.filing_event.v1"
accession: "0001437749-23-006695"
form_type: "8-K"
ticker: "BBXIB"
cik: "0001814974"
company_name: "BBX Capital, Inc."
filed_at: "2023-03-15T23:59:59+00:00"
generated_at: "2026-06-18T02:19:53.238844+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# BBX Capital Q4 net income rises to $15.4M, EPS $0.99; full-year EPS $1.81, down 31%; expects 2023 headwinds

## Summary
- Q4 2022 revenues of $107.6M (+10% YoY); net income $15.4M (vs $5.3M); diluted EPS $0.99 (vs $0.32).
- Full-year 2022 revenues $342.0M (+9%); net income $28.0M (vs $46.9M); diluted EPS $1.81 (vs $2.63).
- BBX Capital Real Estate income before taxes $75.2M (vs $58.3M) driven by $24.3M gains on asset sales.
- BBX Sweet Holdings (IT'SUGAR) revenues up 66% to $139.7M but income before taxes only $0.2M (vs $15.8M).
- CEO warns 2023 challenges from inflation, rising rates, supply chain; real estate sales and new starts expected to decline dramatically.

## SEC filing metadata
- accession: 0001437749-23-006695
- form_type: 8-K
- ticker: BBXIB
- cik: 0001814974
- company_name: BBX Capital, Inc.
- filed_at: 2023-03-15T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814974/000143774923006695/0001437749-23-006695-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814974/000143774923006695/bbxi20230103_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001437749-23-006695
- JSON: https://secwatch.observer/filing/0001437749-23-006695.json
- Plain text: https://secwatch.observer/filing/0001437749-23-006695.txt

## Key facts
- Earnings Releases
  BBX Capital, Inc. reported the fourth quarter ended December 31, 2022 results: revenue $107.6 million, net income $15.4 million, EPS $0.99.
  - Period: the fourth quarter ended December 31, 2022
  - Revenue: $107.6 million
  - Net income: $15.4 million
  - EPS: $0.99
  - Result: reported results
  source text: Fourth Quarter 2022 Compared to Fourth Quarter 2021 ● Total consolidated revenues of $107.6 million vs. $98.2 million ● Income before income taxes of $22.5 million vs $8.3 million ● Net income attributable to shareholders of $15.4 million vs. $5.3 million ● Diluted earnings per share of $0.99 vs. $0.32
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814974/000143774923006695/0001437749-23-006695-index.htm
- Earnings Releases
  BBX Capital, Inc. reported the year ended December 31, 2022 results: revenue $342.0 million, net income $28.0 million, EPS $1.81.
  - Period: the year ended December 31, 2022
  - Revenue: $342.0 million
  - Net income: $28.0 million
  - EPS: $1.81
  - Result: reported results
  source text: Year Ended December 31, 2022 Compared to the Year Ended December 31, 2021 ● Total consolidated revenues of $342.0 million vs. $313.6 million ● Income before income taxes of $42.8 million vs. $64.2 million ● Net income attributable to shareholders of $28.0 million vs. $46.9 million ● Diluted earnings per share of $ 1.81 vs $ 2.63
  evidence_url: https://www.sec.gov/Archives/edgar/data/1814974/000143774923006695/0001437749-23-006695-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.