---
schema_version: "secwatch.filing_event.v1"
accession: "0001814974-22-000053"
form_type: "8-K"
ticker: "BBXIB"
cik: "0001814974"
company_name: "BBX Capital, Inc."
filed_at: "2022-05-10T23:59:59+00:00"
generated_at: "2026-06-25T21:56:16.586284+00:00"
event_type: "earnings"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# BBX Capital Q1 2022 net loss $1.8M ($0.12/share); Renin loss before taxes $3.7M, amends credit facility

## Summary
- Consolidated revenue $75.5M, up 22% YoY, but net loss of $1.8M vs. net income $2.3M.
- Renin trade sales fell to $33.5M from $38.7M; gross margin dropped to 5.1% from 15.6%; Renin amended credit facility in May 2022 after non-compliance.
- BBX Sweet Holdings (IT'SUGAR) trade sales $29.4M vs. $5.0M; comparable store sales up 30% vs. Q1 2021.
- BBX Capital Real Estate income before taxes $6.4M vs. $4.9M; equity in earnings of unconsolidated JVs increased to $1.5M from ($0.3M).
- Cash and cash equivalents $114.6M; note receivable from Bluegreen Vacations $50M; book value per share $19.74.

## SEC filing metadata
- accession: 0001814974-22-000053
- form_type: 8-K
- ticker: BBXIB
- cik: 0001814974
- company_name: BBX Capital, Inc.
- filed_at: 2022-05-10T23:59:59+00:00
- event_type: earnings
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 2.02, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1814974/000181497422000053/0001814974-22-000053-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1814974/000181497422000053/c974-20220510x8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001814974-22-000053
- JSON: https://secwatch.observer/filing/0001814974-22-000053.json
- Plain text: https://secwatch.observer/filing/0001814974-22-000053.txt

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