Rocket


Overview
Financials
News + Filings
Key Docs
Charts
Ownership
Insiders





Income Statement
Balance Sheet
Cash Flow Statement
Segments

Common Size IS
Op Efficiency
Credit Analysis

Landsea Homes Corp (LFAC)

Income Statement

Standardized | As Reported Annual | Quarterly | TTM
 
In millions, except per share itemsDec-31-22Dec-31-21Dec-31-20Dec-31-19Dec-31-18
   10-K10-K10-K10-K10-K
Revenues:  
    Florida  474.893.6   
    Texas  39.331.7   
    California  503.8557.2413.9591.0 
    LS-NJ Port Imperial JV LLC and LS-Boston Point LLC  3.050.137.454.6 
    Other  425.5290.7283.3  
Total revenues   [+]1,446.41,023.3734.6631.01.7
            Revenue growth   [+]41.4%39.3%16.4%37260.1% 
Cost of goods sold  1,159.5840.7639.7531.51.9
Gross profit  286.9182.694.999.5-0.2
            Gross margin  19.8%17.8%12.9%15.8%-11.8%
Selling, general and administrative   [+]178.6123.190.761.40.6
Equity in earnings  0.11.3-16.4-7.9 
EBITDA   [+]114.066.1-8.733.1 
            EBITDA margin  7.9%6.5%-1.2%5.2%-46.5%
Depreciation and amortization  5.55.43.63.0 
EBIT   [+]108.460.8-12.230.2-0.8
            EBIT margin  7.5%5.9%-1.7%4.8%-46.5%
Other income (expense), net   [+]-7.46.00.140.71.7
Pre-tax income  101.166.7-12.228.60.9
Income taxes  25.414.0-3.16.20.3
            Tax rate  25.1%21.0%25.3%21.6%34.4%
Minority interest  2.1-0.1-0.15.2 
Net income  73.652.8-9.017.20.6
            Net margin  5.1%5.2%-1.2%2.7%35.1%
   
Basic EPS   [+]$1.75$1.17($0.27)$0.53$0.03
Diluted EPS   [+]$1.74$1.17($0.27)$0.53$0.03
   
Shares outstanding (basic)   [+]42.145.232.632.619.4
Shares outstanding (diluted)   [+]42.245.332.632.619.4
   
EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.  

Rocket Data Systems, Inc. © 2019 | Contact Us | Data Disclaimer | Terms of Use | Privacy