secwatch.observer — SEC 8-K summary
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Issuer:     Dream Finders Homes, Inc. (DFH)
CIK:        0001825088
Form:       8-K
Filed at:   2023-08-03T23:59:59+00:00
Accession:  0001825088-23-000049
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Dream Finders Q2 revenue up 19% to $943M; raises FY closings guidance to ~6,500
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- Homebuilding revenue $943M (+19% YoY); closings 1,846 (+12%); ASP $504,683 (+9%).
- Net income $69M ($0.70/basic share, +10%); pre-tax income $96M (+7%).
- Adjusted gross margin 27.1% (+140 bps); homebuilding gross margin 19.1% (-60 bps).
- Raised FY 2023 closings guidance to ~6,500; authorized $25M share buyback program.
- Total liquidity $511M; net debt to capitalization 38.8% (company low); credit facility expanded.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1825088/000182508823000049/0001825088-23-000049-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1825088/000182508823000049/dream-20230803.htm
  HTML page:      https://secwatch.observer/filing/0001825088-23-000049

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