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Landsea Homes Corp (LFAC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
  Older >>
In millions, except per share itemsJun-30-22Mar-31-22Dec-31-21Sep-30-21Jun-30-21Mar-31-21Dec-31-20Sep-30-20
   10-Q10-Q10-K10-Q10-Q10-Q10-K10-Q
Sales and marketing expenses  73.662.152.851.553.148.448.131.5
General and administrative expenses  91.077.970.357.151.647.642.631.5
    Total operating expenses  164.5139.9123.1108.5104.696.090.763.1
    Income from operations  100.089.059.530.829.11.04.2-10.9
Other (expense) income, net  -1.44.23.93.73.5-0.80.10.3
Equity in net income (loss) of unconsolidated joint ventures  0.71.31.30.6-0.2-14.7-16.4-16.2
(Loss) gain on remeasurement of warrant liability  5.11.52.1-3.2-10.3-5.0  
    Pretax income (loss)  104.396.066.731.822.2-19.5-12.2-26.1
Provision (benefit) for income taxes  27.323.114.06.84.8-5.9-3.1-6.6
    Net income (loss)  77.172.952.725.017.4-13.5-9.1-19.7
Net income (loss) attributable to noncontrolling interests  -0.10.0-0.1-0.10.0-0.1-0.1-0.1
    Net income (loss) attributable to Landsea Homes Corporation  77.272.952.825.117.4-13.5-9.0-19.3
   
Earnings (loss) per share:          
Basic (in dollars per share)  $1.68$1.57$1.13$0.63$0.50($0.35)($0.27)($0.60)
Diluted (in dollars per share)  $1.68$1.57$1.13$0.63$0.50($0.35)($0.27)($0.60)
   
Weighted average shares outstanding:          
Basic (in shares)  44.745.345.041.838.735.532.624.4
Diluted (in shares)  44.845.345.041.938.735.524.416.3
Revenue  1,297.51,179.11,023.3909.6913.9758.7734.6449.9
            Revenue growth  42.0%55.4%39.3%102.2%295.0%456.7%21045.9%12140.8%
    Gross margin  264.5229.0182.6139.3133.896.994.952.3
            Gross margin  20.4%19.4%17.8%15.3%14.6%12.8%12.9%11.6%
   
Inventory impairments          
    Total cost of sales  1,033.0950.2840.7770.2780.2661.8639.7397.6

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