secwatch.observer — SEC 8-K summary
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Issuer:     United Homes Group, Inc. (UHG)
CIK:        0001830188
Form:       8-K
Filed at:   2024-03-14T23:59:59+00:00
Accession:  0001830188-24-000006
Event type: earnings
Sentiment:  neutral
Materiality: 0.75
Item codes: 2.02, 5.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

UHG reports Q4 2023 net loss of $66.6M on $116.8M revenue; orders up 8%
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- Net loss $66.6M ($1.38 diluted EPS) vs net income $10.9M a year ago; includes $69.1M non-cash earnout adjustment.
- Revenue $116.8M on 387 homes closed; production-built ASP $320k vs $300k in Q4 2022.
- Net new home orders 294 in Q4 2023 (+8% YoY); Jan-Feb 2024 orders up 7.4% vs prior year.
- Acquired Rosewood Communities and Creekside Custom Homes (Jan 2024); adds ~1,000 lots under control.
- Available liquidity $81.1M; 2023 bonuses: CEO Nieri $414.6k, COO Twine $119.4k, CFO Feldman $141k.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830188/000183018824000006/0001830188-24-000006-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830188/000183018824000006/uhg-20240314.htm
  HTML page:      https://secwatch.observer/filing/0001830188-24-000006

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