DiamondHead files audited FY2022 financials for Great Southern Homes ahead of SPAC merger

United Homes Group, Inc.

GSH FY2022 revenue $477.0M, net income $69.5M, up from $432.9M and $62.4M in FY2021.
Gross profit $118.8M (24.9% margin) vs $100.6M (23.3%) YoY.
Total assets $208.3M; homebuilding debt $120.8M; cash $12.2M as of Dec 31, 2022.
Audited carve-out financials filed as EX-99.1; FORVIS LLP issued unqualified opinion.
Merger proxy mailed Feb 14, 2023; stockholder vote pending to close deal.

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