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Landsea Homes Corp (LSEA)

For the quarter ending 2025-03-31, LSEA made $310,811K in revenue. -$7,254K in net income. Net profit margin of -2.33%.

Overview

Revenue
$310,811K
Net Income
-$7,254K
Net Profit Margin
-2.33%
EPS
-$0.2
Unit: Thousand (K) dollars
Revenue Breakdown
    • Florida segment
    • Arizona segment
    • California segment
    • Others
Revenue Breakdown
    • Home sales
    • Lot sales
Revenue Breakdown
    • Florida segment
    • Arizona segment
    • California segment
    • Others

Unit: Thousand (K) dollars (except for numbers of shares and EPS)
2025-03-31
2024-09-30
2024-06-30
Revenue310,811 338,472 431,143
Cost of sales271,243 279,655 366,967
Gross margin39,568 58,817 64,176
Sales and marketing expenses23,952 23,445 24,663
General and administrative expenses26,813 21,932 29,555
Total operating expenses50,765 45,377 54,218
Loss from operations-11,197 13,440 9,958
Other income, net1,300 1,449 -5,353
Pretax (loss) income-9,897 14,889 4,605
Benefit for income taxes-2,808 3,498 1,370
Net (loss) income-7,089 11,391 3,235
Net income attributable to noncontrolling interests165 281 350
Net (loss) income attributable to landsea homes corporation-7,254 11,110 2,885
Basic eps-0.2 0.31 0.08
Diluted eps-0.2 0.3 0.08
Basic average shares36,334,207 36,279,056 36,199,850
Diluted average shares36,334,207 36,497,337 36,369,827
Unit: Thousand (K) dollars (except for numbers of shares and EPS)

Income Statement

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Net (loss) incomeattributable to landsea homes...-$7,254K Net (loss) income-$7,089K Net incomeattributable to...$165K Benefit for income taxes-$2,808K Pretax (loss) income-$9,897K Other income, net$1,300K Revenue$310,811K Loss from operations-$11,197K Gross margin$39,568K Cost of sales$271,243K Total operatingexpenses$50,765K General andadministrative expenses$26,813K Sales and marketingexpenses$23,952K