Dream Homes & Development Corp. (DREM)
Dream Homes & Development Corporation (DREM) operates throughout the United States, specializing as a residential construction firm. Their core services encompass new home building, general contracting, and advanced home elevation and mitigation efforts. The company is involved in the entire lifecycle of various residential projects, including the development, construction, and specialized elevation or mitigation of modular, single-family, and multi-family structures. Their extensive service portfolio ranges from initial project planning, including engineering and structural design, architectural services, and soil studies, to on-site execution such as infrastructure installation, diverse foundation work (helical, timber pile, masonry, and concrete), and general contracting for both single and multi-family residences. DREM also manages complex home elevation and moving projects, handles interior finish requirements, and provides complete turnkey solutions for clients. Tracing its origins back to its incorporation in 2009, the company initially operated as The Virtual Learning Company, Inc. It adopted its current name, Dream Homes & Development Corporation, in March 2017. The company maintains its headquarters in Forked River, New Jersey.
Sector: Operative Builders
Industry: Residential Construction
Dream Homes & Development Corporation
OTC:DREMConsumer Cyclical · Residential Construction
+50.00%$0.0240
Mkt Cap$1.17M
Float48.56M
O/S48.56M
Inst Own-
SI<0.1%
Dilution
Delisting Issues Timeline
Financials Summary
Revenue$10.07M
Net Income$418K
Total Assets$7.24M
Free Cash Flow$3.95M
Debt & Equity
Debt 72%
Equity 28%
Total Debt$3.64M
Total Equity$1.39M
Shares Outstanding
Short Interest
Split History
No splits on record
Nothing in DREM's public trading history: no forward or reverse split has affected the share count.
Balance Sheet Details
Assets$7.24M
Liabilities$5.52M
Accounts Receivable$150K
Accounts Payable$641K
Inventory$4.91M
PP&E (Net)$118K
Goodwill$0
Intangible Assets$0
Income Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Revenue | $10.07M | $4.97M | $5.66M | $6.31M | $3.88M | $3.17M | $3.1M | $2.57M | $2.94M | $568K | $107 | $400 | $1K | $132 | $0 | $0 | $0 |
| YoY Growth | 102.5% | -12.1% | -10.4% | 62.4% | 22.7% | 2.0% | 20.5% | -12.4% | 417.3% | 531032.7% | -73.3% | -65.4% | 775.0% | - | - | - | - |
| Cost of Revenue | $7.99M | $2.71M | $4.57M | $5.23M | $3.11M | $2.38M | $2.09M | $1.51M | $1.97M | $415K | $32K | $0 | $0 | $0 | $0 | $0 | $0 |
| Gross Profit | $2.08M | $2.26M | $1.09M | $1.08M | $778K | $785K | $1.01M | $1.07M | $970K | $153K | -$32K | $400 | $1K | $132 | $0 | $0 | $0 |
| Gross Margin | 20.6% | 45.5% | 19.2% | 17.1% | 20.0% | 24.8% | 32.6% | 41.5% | 33.0% | 27.0% | -29619.6% | 100.0% | 100.0% | 100.0% | - | - | - |
| Research and Development | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Selling, General, and Administrative | $974K | $760K | $1.01M | $872K | $819K | $974K | $990K | $922K | $947K | $105K | $76K | $16K | $112K | $4K | $80K | $130K | $680K |
| Other | $0 | $3K | $6K | $2K | $7K | $8K | $6K | $5K | $3K | $51K | $32K | $33K | $40K | $110K | $0 | $0 | $0 |
| Total Operating Expenses | $974K | $763K | $1.02M | $874K | $825K | $983K | $996K | $927K | $950K | $156K | $108K | $49K | $146K | $110K | $80K | $130K | $680K |
| Operating Income (EBIT) | $1.1M | $1.5M | $69K | $206K | -$48K | -$197K | $16K | $141K | $20K | -$3K | -$108K | $49K | -$145K | -$110K | -$80K | -$130K | -$680K |
| Operating Margin | 11.0% | 30.2% | 1.2% | 3.3% | -1.2% | -6.2% | 0.5% | 5.5% | 0.7% | -0.5% | -100499.1% | 12217.3% | -12522.9% | -83333.3% | - | - | - |
| Interest Expense | $89K | $82K | $166K | $103K | $123K | $25K | $8K | $0 | $0 | $12K | $7K | $956 | $0 | $0 | $0 | $0 | $0 |
| Interest Income | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Income (Expense) | -$268K | -$280K | -$166K | -$51K | -$123K | -$25K | $2K | $0 | $0 | -$9K | -$53K | -$956 | $0 | $0 | -$2K | $0 | $0 |
| Income Before Tax (EBT) | $837K | $1.22M | -$97K | $154K | -$170K | -$204K | $17K | $141K | $20K | -$12K | -$160K | -$48K | -$145K | -$110K | -$80K | -$130K | -$680K |
| Income Tax Expense | -$88K | $344K | $0 | $0 | $0 | $6K | $32K | $22K | $7K | $0 | $0 | $2K | $0 | -$12K | -$979 | $0 | $0 |
| Net Income | $418K | $376K | -$97K | $154K | -$293K | -$210K | -$14K | $119K | $13K | -$12K | -$160K | $50K | -$145K | -$110K | -$80K | -$130K | -$680K |
| Net Income Margin | 4.2% | 7.6% | -1.7% | 2.4% | -7.5% | -6.6% | -0.5% | 4.6% | 0.4% | -2.1% | -149798.1% | 12456.3% | -12522.9% | -83333.3% | - | - | - |
| Supplementary Data | |||||||||||||||||
| EPS | 0.01 | 0.01 | -0.00 | 0.00 | -0.01 | -0.01 | -0.00 | 0.01 | -0.00 | -0.00 | -0.01 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.05 |
| Diluted EPS | 0.01 | 0.01 | -0.00 | 0.00 | -0.01 | -0.01 | -0.00 | 0.01 | -0.00 | -0.00 | -0.01 | 0.00 | -0.01 | -0.01 | -0.01 | -0.01 | -0.05 |
| Weighted Average OS | 48.42M | 47.13M | 39.19M | 35.82M | 34.49M | 28.95M | 25.29M | 24.00M | 23.92M | 18.76M | 16.25M | 15.90M | 15.63M | 15.35M | 15.35M | 14.75M | 13.08M |
| EBITDA | $1.13M | $1.31M | $75K | $208K | -$41K | -$191K | $22K | $28K | -$17K | $51K | -$76K | $82K | -$144K | -$94K | -$81K | -$130K | -$680K |
| EBITDA Margin | 11.2% | 26.3% | 1.3% | 3.3% | -1.1% | -6.0% | 0.7% | 1.1% | -0.6% | 9.0% | -70779.4% | 20417.3% | -12455.5% | -71242.4% | - | - | - |
Balance Sheet
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Assets | |||||||||||||||||
| Current Assets | |||||||||||||||||
| Cash and Cash Equivalents | $899K | $1.05M | $2.71M | $525K | $191K | $56K | $233K | $119K | $248K | $267K | $2K | $27K | $177 | $210 | $82 | $20K | $20K |
| Short-Term Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Cash and Short-Term Investments | $899K | $1.05M | $2.71M | $525K | $191K | $56K | $233K | $119K | $248K | $267K | $2K | $27K | $177 | $210 | $82 | $20K | $20K |
| Accounts Receivable | $150K | $7.51M | $256K | $470K | $616K | $150K | $786K | $455K | $181K | $173K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $4.91M | $0 | $0 | $0 | $0 | -$167K | -$373K | -$106K | -$74K | -$58K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Assets | $0 | $0 | $0 | $0 | $0 | $3K | $376K | $0 | $0 | $58K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Current Assets | $5.96M | $8.56M | $3.3M | $995K | $810K | $536K | $1.02M | $574K | $553K | $440K | $2K | $27K | $177 | $210 | $82 | $20K | $20K |
| Long-Term Assets | |||||||||||||||||
| Property, Plant & Equipment Net | $118K | $116K | $6.81M | $6K | $17K | $24K | $34K | $11K | $9K | $20K | $0 | $0 | $0 | $779 | $2K | $0 | $0 |
| Goodwill | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Intangible Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $90K | $120K | $150K | $250K | $270K | $150K |
| Long-Term Investments | $0 | $0 | $0 | $0 | $32K | $132K | $32K | $32K | $32K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Deferred Tax Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Assets | $1.16M | $2.84M | $6.81M | $6.18M | $7.27M | $682K | $608K | $363K | $180K | $0 | $51K | -$3K | $267 | -$779 | -$2K | $10K | $10K |
| Total Long-Term Assets | $1.28M | $2.96M | $6.81M | $6.19M | $7.32M | $838K | $674K | $406K | $221K | $20K | $51K | $87K | $120K | $150K | $250K | $280K | $160K |
| Other Assets | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $10K | -$10K | $0 | $0 |
| Total Assets | $7.24M | $11.52M | $10.11M | $7.18M | $8.13M | $1.37M | $1.69M | $980K | $774K | $460K | $54K | $114K | $120K | $160K | $240K | $300K | $180K |
| Liabilities | |||||||||||||||||
| Current Liabilities | |||||||||||||||||
| Accounts Payable | $641K | $1.11M | $538K | $645K | $343K | $235K | $682K | $318K | $261K | $95K | $16K | $10K | $0 | $0 | $0 | $0 | $0 |
| Short-Term Debt | $1.81M | $2.65M | $1.68M | $4.77M | $4.25M | $337K | $169K | $72K | $15K | $15K | $54K | $60K | $7K | $0 | $0 | $0 | $0 |
| Current Income Tax Payable | $0 | $339K | $0 | -$15K | $0 | $0 | $53K | $22K | $7K | $0 | $640 | $1K | $1K | $480 | $660 | $0 | $0 |
| Current Unearned Revenue | $0 | $105K | $233K | $257K | $414K | $188K | $229K | $254K | $128K | $283K | -$29K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Current Liabilities | $363K | $1.14M | $510K | $10K | $16K | $0 | $56K | $22K | $209K | $0 | $15K | $1K | $1K | $30K | $20K | $0 | $20K |
| Total Current Liabilities | $3.68M | $5.69M | $3.32M | $5.91M | $5.14M | $870K | $1.2M | $666K | $546K | $393K | $84K | $71K | $28K | $30K | $20K | $0 | $20K |
| Long-Term Liabilities | |||||||||||||||||
| Long-Term Debt | $1.84M | $2.94M | $6.16M | $635K | $2.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Unearned Revenue | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Long-Term Deferred Tax Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Long-Term Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Long-Term Liabilities | $1.84M | $2.94M | $6.16M | $635K | $2.51M | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Liabilities | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities | $5.52M | $8.64M | $9.48M | $6.54M | $7.65M | $870K | $1.2M | $666K | $546K | $393K | $84K | $71K | $28K | $30K | $20K | $0 | $20K |
| Stockholders' Equity | |||||||||||||||||
| Preferred Stock | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Common Stock | $49K | $47K | $40K | $36K | $36K | $32K | $26K | $24K | $24K | $24K | $16K | $16K | $16K | $20K | $20K | $20K | $10K |
| Retained Earnings | -$1.2M | -$1.36M | -$1.73M | -$1.64M | -$1.79M | -$1.6M | -$1.4M | -$1.26M | -$1.35M | -$1.36M | -$1.35M | -$1.19M | -$1.14M | -$1M | -$890K | -$810K | -$680K |
| Comprehensive Income & Other | $0 | $0 | $0 | -$0 | $0 | -$0 | $0 | -$24K | -$20K | -$4K | -$4K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Stockholders' Equity | $2.53M | $3.7M | $2.33M | $2.24M | $2.24M | $2.07M | $1.87M | $1.55M | $1.56M | $1.41M | $1.31M | $1.22M | $1.22M | $1.11M | $1.09M | $1.08M | $830K |
| Total Equity | $1.39M | $2.39M | $633K | $639K | $485K | $505K | $498K | $314K | $228K | $67K | -$31K | $43K | $93K | $130K | $220K | $290K | $160K |
| Minority Interest | $331K | $500K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Total Liabilities and Equity | $6.91M | $11.02M | $10.11M | $7.18M | $8.13M | $1.37M | $1.69M | $980K | $774K | $460K | $54K | $114K | $120K | $160K | $240K | $290K | $180K |
| Supplementary Data | |||||||||||||||||
| Total Debt | $3.64M | $5.59M | $7.84M | $5.4M | $6.75M | $337K | $169K | $72K | $15K | $15K | $68K | $60K | $7K | $0 | $0 | $0 | $0 |
| Net Debt | $2.74M | $4.53M | $5.13M | $4.88M | $6.56M | $281K | -$65K | -$46K | -$233K | -$252K | $66K | $34K | $7K | -$210 | -$82 | -$20K | -$20K |
Cash Flow Statement
| Period | FY 2025 | FY 2024 | FY 2023 | FY 2022 | FY 2021 | FY 2020 | FY 2019 | FY 2018 | FY 2017 | FY 2016 | FY 2015 | FY 2014 | FY 2013 | FY 2012 | FY 2011 | FY 2010 | FY 2009 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Currency | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD | USD |
| Period Ending | 2025-12-31 | 2024-12-31 | 2023-12-31 | 2022-12-31 | 2021-12-31 | 2020-12-31 | 2019-12-31 | 2018-12-31 | 2017-12-31 | 2016-12-31 | 2015-12-31 | 2014-12-31 | 2013-12-31 | 2012-12-31 | 2011-12-31 | 2010-12-31 | 2009-12-31 |
| Operating Activities | |||||||||||||||||
| Net Income | $925K | $876K | -$97K | $154K | -$170K | -$204K | -$14K | $119K | $13K | -$12K | -$160K | -$50K | -$145K | -$110K | -$80K | -$130K | -$680K |
| Depreciation & Amortization | $24K | $3K | $6K | $2K | $7K | $8K | $6K | $5K | $3K | $51K | $32K | $33K | $779 | $12K | $979 | $0 | $0 |
| Deferred Income Tax | $0 | $0 | $0 | $0 | -$436K | -$179K | $0 | $0 | $0 | -$20K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Stock-Based Compensation | $25K | $0 | $92K | $0 | $171K | $198K | $88K | $118K | $67K | $20K | $40K | $0 | $110K | $0 | $0 | $0 | $0 |
| Changes in Working Capital: | |||||||||||||||||
| Accounts Receivable | -$7K | $60K | $214K | $176K | -$261K | $99K | -$61K | -$238K | -$115K | -$116K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Inventory | $4.31M | -$3.16M | $0 | $0 | -$189K | $153K | -$231K | -$15K | -$9K | -$50K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Accounts Payable | -$389K | $326K | $20K | $409K | $215K | -$400K | $475K | -$73K | $313K | $79K | $6K | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Working Capital | -$889K | $820K | $192K | -$146K | $190K | -$41K | -$26K | $176K | -$155K | $283K | $6K | -$9K | $0 | -$10K | -$40K | $20K | $0 |
| Total Working Capital Change | $3.03M | -$1.95M | $426K | $440K | -$45K | -$189K | $157K | -$150K | $34K | $196K | $12K | -$9K | -$30K | -$10K | -$40K | $20K | $0 |
| Other Non-Cash Items | -$55K | $301K | $92K | -$583K | $436K | $179K | -$10K | $475K | -$195K | $24K | $86K | $23K | $33K | $108K | $99K | $100K | $680K |
| Net Cash from Operating | $3.95M | -$774K | $427K | $596K | -$38K | -$186K | $227K | -$26K | $116K | $259K | -$31K | -$26K | -$401 | $0 | -$20K | -$10K | $0 |
| Investing Activities | |||||||||||||||||
| Capital Expenditures | -$349 | -$297K | $4 | -$19K | -$762K | -$175K | -$274K | -$7K | -$137K | -$15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Acquisitions | $27K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Purchases of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Sales of Investments | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Investing Activities | $0 | $0 | $0 | -$19K | -$762K | -$323K | -$245K | -$151K | -$2K | -$15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Cash from Investing | $26K | -$297K | $0 | -$19K | -$762K | -$175K | -$274K | -$157K | -$139K | -$15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Financing Activities | |||||||||||||||||
| Debt Repaid | $2.33M | -$269K | -$163K | -$62K | -$189K | -$95K | - | -$58K | - | - | -$5K | -$53K | - | -$3K | - | $14K | -$15K |
| Common Stock Issuance | $0 | $0 | $105K | $0 | $171K | $0 | $110K | $0 | $5K | $5K | $1K | $0 | $110K | $1K | $40K | $0 | $0 |
| Common Stock Repurchases | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $20K | $10K |
| Dividends Paid | -$1.97M | -$628K | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Other Financing Activities | $0 | $0 | $0 | -$243K | $939K | $183K | $162K | $0 | $0 | $20K | $5K | $53K | $368 | $210 | $1K | $4K | $5K |
| Net Cash from Financing | -$4.13M | -$588K | $1.76M | -$243K | $939K | $183K | $162K | $58K | $5K | $20K | $6K | $53K | $368 | $5K | $1K | $10K | $30K |
| Forex Effect | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Change in Cash | -$155K | -$1.66M | $2.19M | $334K | $140K | -$178K | $115K | -$126K | -$19K | $264K | -$24K | $27K | -$33 | $5K | -$20K | $0 | $30K |
| Supplementary Data | |||||||||||||||||
| Operating Cash Flow | $3.95M | -$774K | $427K | $596K | -$38K | -$186K | $227K | -$26K | $116K | $259K | -$31K | -$26K | -$401 | $0 | -$20K | -$10K | $0 |
| Capital Expenditure | -$348 | -$297K | $4 | -$19K | -$762K | -$175K | -$274K | -$7K | -$137K | -$15K | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Free Cash Flow | $3.95M | -$1.07M | $427K | $577K | -$800K | -$361K | -$47K | -$33K | -$21K | $244K | -$31K | -$26K | -$401 | $0 | -$20K | -$10K | $0 |
| Cash at Beginning | $1.05M | $2.71M | $525K | $191K | $52K | $233K | $119K | $245K | $267K | $2K | $27K | $177 | $210 | $0 | $20K | $20K | -$10K |
| Cash at End | $899K | $1.05M | $2.71M | $525K | $191K | $56K | $233K | $119K | $248K | $267K | $2K | $27K | $177 | $5K | $82 | $20K | $20K |