secwatch.observer — SEC 8-K summary
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Issuer:     United Homes Group, Inc. (UHG)
CIK:        0001830188
Form:       8-K
Filed at:   2024-05-10T23:59:59+00:00
Accession:  0001830188-24-000014
Event type: earnings
Sentiment:  neutral
Materiality: 0.70
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Homes Q1 net income $24.9M; home closings down 5% YoY
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- Net income $24.9M ($0.44/diluted) vs net loss $204.5M in Q1 2023; includes $26.4M non-cash derivative expense.
- Revenue $100.8M (+6% YoY); 311 home closings vs 328; production-built ASP ~$335K (+6.7%).
- Net orders 384 (flat YoY); active communities 63; available liquidity $92M.
- Entered up-to-$150M land fund agreement with Developers Capital Fund LLC.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830188/000183018824000014/0001830188-24-000014-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830188/000183018824000014/uhg-20240510.htm
  HTML page:      https://secwatch.observer/filing/0001830188-24-000014

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