Landsea Homes Corp Income Statement

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Financial Statements

In millions of USD; shares in millions, except per-share amounts

	FY2024 12 months to Dec 31, 2024	FY2023 12 months to Dec 31, 2023	FY2022 12 months to Dec 31, 2022	FY2021 12 months to Dec 31, 2021	FY2020 12 months to Dec 31, 2020
Revenue
Home Sales
Lot Sales and other
Total revenue
Cost of sales
Home Sales
Lot Sales and other
Total cost of sales
Gross margin
Home Sales
Lot Sales and other
Total gross margin
Inventory impairments
Sales and marketing expenses
General and administrative expenses
Franchise tax expense
Total operating expenses
Income from operations
Interest earned on investments and marketable securities
Other (expense) income, net
Equity in net income (loss) of unconsolidated joint ventures
Loss on remeasurement of warrant liability
Pretax income
Provision for income taxes
Net income
Net income attributable to noncontrolling interests
Net income attributable to Landsea Homes Corporation
Weighted average shares outstanding
Common Class A
Common Class B
Basic and diluted net loss per share
Common Class A
Common Class B
Earnings per share:
Basic (in dollars per share)
Diluted (in dollars per share)
Weighted average shares outstanding:
Basic (in shares)
Diluted (in shares)

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