secwatch.observer — SEC 8-K summary
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Issuer:     Southland Holdings, Inc. (SLND)
CIK:        0001883814
Form:       8-K
Filed at:   2023-03-22T23:59:59+00:00
Accession:  0001829126-23-002191
Event type: earnings
Sentiment:  positive
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Southland Holdings reports record backlog $2.97B; FY net income up 56% to $60.5M
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- FY2022 revenue $1,161.4M, down 9.2% YoY; net income $60.5M, up 56%.
- Q4 revenue $294.8M, down 23% YoY; Q4 net income $19.5M, up 32%.
- Backlog $2.97B (record), up 34%; new awards $1.9B (record), up 220%.
- FY2022 EBITDA $128.2M, up 23%; operating income $82.7M, up 48%.
- Gross profit margin improved to 12% for FY2022 vs 9% in FY2021.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1883814/000182912623002191/0001829126-23-002191-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1883814/000182912623002191/southlandhold_8k.htm
  HTML page:      https://secwatch.observer/filing/0001829126-23-002191

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