Landsea Homes Corporation (LSEA)

Landsea Homes Income Statement

Financials in millions USD. Fiscal year is January - December.

Year	2023	2022	2021	2020	2019
Revenue	1,210	1,446	1,023	734.61	630.99
Revenue Growth (YoY)	-16.35%	41.35%	39.30%	16.42%	66.66%
Cost of Revenue	994.97	1,160	840.71	639.74	531.53
Gross Profit	214.97	286.92	182.6	94.87	99.46
Selling, General & Admin	174.69	178.63	123.11	90.7	61.41
Operating Expenses	174.69	178.63	123.11	90.7	61.41
Operating Income	40.28	108.29	59.49	4.17	38.05
Other Expense / Income	-0.85	9.34	-7.29	16.21	14.69
Pretax Income	41.13	98.95	66.78	-12.03	23.36
Income Tax	11.9	25.4	14	-3.08	6.16
Net Income	29.24	73.55	52.79	-8.95	17.2
Net Income Growth	-60.25%	39.34%	-	-	-41.06%
Shares Outstanding (Basic)	39	42	45	33	33
Shares Outstanding (Diluted)	39	42	45	33	33
Shares Change	-7.40%	-6.74%	38.99%	-	67.77%
EPS (Basic)	0.75	1.71	1.14	-0.27	0.53
EPS (Diluted)	0.75	1.70	1.14	-0.27	0.53
EPS Growth	-55.88%	49.12%	-	-	562.50%
Free Cash Flow	19.69	10.53	30.22	11.82	100.46
Free Cash Flow Per Share	0.51	0.25	0.67	0.36	3.09
Gross Margin	17.77%	19.84%	17.84%	12.91%	15.76%
Operating Margin	3.33%	7.49%	5.81%	0.57%	6.03%
Profit Margin	2.42%	5.08%	5.16%	-1.22%	2.73%
Free Cash Flow Margin	1.63%	0.73%	2.95%	1.61%	15.92%
Effective Tax Rate	28.92%	25.67%	20.96%	-	26.37%
EBITDA	46.24	104.5	72.17	-8.45	26.32
EBITDA Margin	3.82%	7.22%	7.05%	-1.15%	4.17%
Depreciation & Amortization	5.1	5.55	5.39	3.58	2.96
EBIT	41.13	98.95	66.78	-12.03	23.36
EBIT Margin	3.40%	6.84%	6.53%	-1.64%	3.70%

Source: Financials are provided by Nasdaq Data Link and sourced from the audited annual (10-K) and quarterly (10-Q) reports submitted to the Securities and Exchange Commission (SEC).