{"schema_version":"secwatch.filing_event.v1","accession":"0001828937-23-000039","form_type":"8-K","ticker":"FOA","cik":"0001828937","company_name":"Finance of America Companies Inc.","filed_at":"2023-05-08T23:59:59+00:00","discovered_at":"2026-05-14T18:03:40.953259+00:00","generated_at":"2026-06-15T14:14:50.150248+00:00","sec_items":["2.02","9.01"],"event_type":"earnings","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Finance of America Q1 net income $55M, AAG acquisition closed, volumes down 77% YoY","bullets":["Net income from continuing ops of $55M ($0.29 basic EPS) vs loss of $48M in Q4'22; adjusted net loss of $15M.","Revenue $141M, up 171% QoQ, driven by fair value gains; funded volume $357M, down 49% QoQ and 77% YoY.","Completed AAG acquisition and concurrent $30M equity raise; assets under management grew 30% to $26.3B.","Wind down of Mortgage Originations segment; agreements to sell Title Insurance (Q3'23) and majority of Lender Services (Q2'23).","Retirement Solutions revenue $26M (-19% QoQ); Portfolio Management pre-tax income $99M vs $3M in Q4'22."],"urls":{"canonical":"https://secwatch.observer/filing/0001828937-23-000039","json":"https://secwatch.observer/filing/0001828937-23-000039.json","markdown":"https://secwatch.observer/filing/0001828937-23-000039.md","text":"https://secwatch.observer/filing/0001828937-23-000039.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1828937/000182893723000039/0001828937-23-000039-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1828937/000182893723000039/foa-20230508.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-15T14:14:50.150248+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"2fec3308ba19120f42f6b6cb991b8f6af83677c2","claim":"Finance of America Companies Inc. reported the quarter ended March 31, 2023 results: net income $55 million or $0.29 basic earnings per share, EPS $0.29 basic earnings per share.","evidence_excerpt":"On May 8, 2023, Finance of America Companies Inc. (the “Company”) issued a press release announcing its financial results for the first quarter ended March 31, 2023.","evidence_source":"SEC 8-K Item 2.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1828937/000182893723000039/0001828937-23-000039-index.htm","confidence":0.98,"family_label":"Earnings Releases","details":[{"label":"Period","value":"the quarter ended March 31, 2023"},{"label":"Net income","value":"$55 million or $0.29 basic earnings per share"},{"label":"EPS","value":"$0.29 basic earnings per share"},{"label":"Result","value":"reported results"}],"fact_type":"earnings_release"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}