secwatch.observer — SEC 8-K summary
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Issuer:     Smith Douglas Homes Corp. (SDHC)
CIK:        0001982518
Form:       8-K
Filed at:   2024-05-14T23:59:59+00:00
Accession:  0001140361-24-025836
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Smith Douglas Homes Q1 revenue +13% to $189.2M, EPS $0.33; orders +15%
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- Net new orders 765 (+15% YoY); home closings 566 (+13% YoY).
- Revenue $189.2M (+13% YoY); pre-tax income $21.4M; diluted EPS $0.33.
- Backlog homes 1,110 (+19% YoY); sales value $381.2M (+25% YoY).
- Active communities up 49% to 70; total controlled lots up 82% to 14,117.
- Ended with $33M cash, zero borrowings on $250M facility; net debt-to-net book cap (9.4)%.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1982518/000114036124025836/0001140361-24-025836-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1982518/000114036124025836/ef20028843_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-24-025836

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer