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UCP, Inc.

No Longer Reporting

The company has not filed an annual or quarterly report since its Q2 FY2017 10-Q, filed Aug 3, 2017. Its latest SEC filing is a SC 13G/A from Sep 11, 2017.

The sections below describe the company as of the FY2016 annual report.

What Did They Do?

Builds and sells single-family homes to home buyers, and develops residential land and sells lots to third-party homebuilders.

Who Were Their Customers?

Home buyers purchase new homes through the company’s in-house sales teams; third-party homebuilders buy residential lots.

How Were They Changing?

Since the FY2016 annual report
Latest quarter: Q2 FY2017, the three months to Jun 30, 2017
Revenue
▲ +37%
vs $82.8M in Q2 FY2016
Net income
▲ +130%
vs $706K in Q2 FY2016
  • Aug 4, 2017 Completed merger with Century Communities UCP merged into a Century Communities subsidiary; UCP’s legacy businesses became wholly owned subsidiaries of Century Communities.
  • Apr 11, 2017 Agreed to merge with Century Communities The agreement called for UCP shares to be exchanged for cash and Century Communities stock.

Expanded markets The latest report describes operations in North Carolina, South Carolina and Tennessee as well as California and Washington, while the older report describes California and Washington operations.

Target buyer groups The target-buyer list differs: the latest report names active-adult buyers, while the older report names move-down buyers; both also name first-time and move-up buyers.

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