Dream Homes SEC Filings

Dream Homes & Development Corporation (DREM) reported stronger operating results for Q3 2025. Revenue for the quarter was $3,005,870 versus $2,182,258 a year ago, driving gross profit to $2,378,334 from $1,421,346. Net income was $2,139,467, with $302,250 attributable to DREM common shareholders; basic and diluted EPS were $0.04.

For the nine months ended September 30, 2025, revenue reached $6,970,494 compared with $4,313,707 in 2024. Gross profit rose to $3,618,473 and net income totaled $2,643,323, of which $367,503 was attributable to DREM. Cash was $463,087 and inventories were $5,460,941 as of September 30, 2025. Total liabilities were $6,637,109 and total stockholders’ equity was $2,529,086, including non‑controlling interests.

Development activity advanced: on July 3, 2025 the company sold 12 improved Berkeley Terrace pads for $1,536,429, and on July 11, 2025 it sold 7 Lacey Pines pads for $893,473. A new $13,600,000 Asset Based Lending facility for Autumn Run was established at 10.50% per annum, with $1,229,100 advanced and the prior $750,000 Lynx mortgage retired. Commitments under construction contracts totaled $17,143,062 as of September 30, 2025. Common shares outstanding were 48,564,493 as of November 13, 2025.