Landsea Homes Corporation Company profile
About Landsea Homes Corp
Landsea Homes Corporation is a residential homebuilder company. It is engaged in designing, constructing, marketing and sale of suburban and urban single-family detached and attached homes in California, Arizona, Florida, Texas, and Metro New York. It offers a range of housing options. The Arizona market consists of entry-level, single-family homes in Avondale, Buckeye, Chandler, Goodyear, Mesa, Phoenix, Queen Creek, Surprise, and Tolleson. The California market consists of single-family detached and attached homes in Alameda, Contra Costa, Marin, San Joaquin, and Santa Clara counties in Northern California and Los Angeles, Orange, and San Bernardino counties in Southern California. The Florida market consists of entry-level single-family homes and attached homes in metro Orlando and Palm Bay in Florida. The New York Metro market consists of two condominium projects: Chelsea neighborhood in New York City, New York and Port Imperial in Weehawken, New Jersey along the gold cost.
Financial summary
BRIEF: For the fiscal year ended 31 December 2021, Landsea Homes Corp revenues increased from $0K to $1.02B. Net income applicable to common stockholders totaled $51.6M vs. loss of $36.6M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Basic Earnings per Share excluding Extraordinary Items increased from -$2.05 to $1.14.
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