secwatch.observer — SEC 8-K summary
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Issuer:     United Homes Group, Inc. (UHG)
CIK:        0001830188
Form:       8-K
Filed at:   2024-11-08T23:59:59+00:00
Accession:  0001830188-24-000034
Event type: earnings
Sentiment:  neutral
Materiality: 0.60
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

United Homes Q3 revenue up 35% YoY to $118.6M, net loss $7.3M on derivative charge
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- Net loss $7.3M ($0.15 diluted EPS) vs net income $150.8M ($2.35) in Q3 2023, which included $149.7M derivative gain.
- Revenue $118.6M, home closings 369 (+30% YoY), net new orders 341 (+25% YoY).
- ASP of production-built homes ~$320K vs $316K; adjusted gross margin 20.6% vs 22.1%.
- Available liquidity $89M ($25.8M cash + $63.2M credit facility); active communities 55.
- Interim CEO cites re-acceleration of growth; non-cash derivative charge of $7.8M impacted net loss.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1830188/000183018824000034/0001830188-24-000034-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1830188/000183018824000034/uhg-20241108.htm
  HTML page:      https://secwatch.observer/filing/0001830188-24-000034

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