SDHC · Smith Douglas Homes Corp.

Summary

Revenue was $206.4M (-8.1%) Gross Profit was $40.5M (-24.4%) Net Income was $565.0K (-78.9%) Eps was $0.06 (-80.0%)

Key takeaways

• Revenue fell 8.1% to $206.4M from $224.7M as home closing volume declined.
• Net income dropped 78.9% to $565K from $2.7M, reflecting reduced home closing revenue and gross profit.
• Diluted EPS declined 80.0% to $0.06 from $0.30.
• Net cash from operations turned positive at $338K versus prior year use of $34.9M, aiding free cash flow of -$202K.