secwatch.observer — SEC 8-K summary
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Issuer:     Dream Finders Homes, Inc. (DFH)
CIK:        0001825088
Form:       8-K
Filed at:   2023-03-02T23:59:59+00:00
Accession:  0001825088-23-000008
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dream Finders Homes reports record Q4 revenue $1.1B, net income up 51% YoY; net new orders drop 44%
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- Q4 homebuilding revenues $1.1B (record, +29% YoY); net income $86M (+51%); EPS $0.89 vs $0.58.
- Full year 2022 revenue $3.3B (+74%), net income $262M (+117%), EPS $2.67 vs $1.27.
- Q4 net new orders 1,107 (down 44% YoY); cancellation rate 32.1% vs 13.1%.
- Backlog 5,548 homes valued at $2.5B; FY 2023 guidance ~6,000 home closings.
- Return on participating equity 49.1% (up from 44.3%); total liquidity $487M.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/0001825088-23-000008-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825088/000182508823000008/dream-20230302.htm
  HTML page:      https://secwatch.observer/filing/0001825088-23-000008

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer