Legacy Housing Corp (OQ:LEGH)

Sector:  Consumer Cyclicals Industry:  Homebuilding
 
See Regulatory Filings on SEC
Company Contact
Address: 1600 Airport Fwy Ste 100
BEDFORD TX 76022-6881
Tel: 1-817-7994903
Website: https://legacyhousingcorp.com
IR: See website
<
Key People
Curtis D. Hodgson
Executive Chairman of the Board 		Robert Duncan Bates
President, Chief Executive Officer 		Jeffrey Fiedelman
Chief Financial Officer
Kenneth E. Shipley
Executive Vice President, Director 		Max M. Africk
General Counsel, Corporate Secretary 		 
Business Overview
Legacy Housing Corporation builds, sells, and finances manufactured homes and tiny houses. The Company manufactures and provides for the transport of mobile homes, provides wholesale financing to dealers and mobile home parks and provides retail financing to consumers and is involved in financing and developing new manufactured home communities. Its manufactured homes and tiny houses are distributed through a network of independent retailers and Company-owned stores and also sold directly to manufactured home communities. It operates primarily in the southern United States. The Company offers its customers an array of homes ranging in size from approximately 395 to 2,667 square feet consisting of one to five bedrooms, and one to 31/2 bathrooms. It manufactures its mobile homes at plants located in Fort Worth, Texas, Commerce, Texas and Eatonton, Georgia. Its homes are marketed under the Legacy brand name. It also sells homes directly to consumers, through its own retail stores.
Financial Overview
For the fiscal year ended 31 December 2023, Legacy Housing Corp revenues decreased 26% to $189.1M. Net income decreased 20% to $54.5M. Revenues reflect Product sales decrease of 35% to $145.1M. Net income also reflects Interest expense increase from $375K to $930K (expense). Basic Earnings per Share excluding Extraordinary Items decreased from $2.78 to $2.23.
Employees: 572 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $516.08M as of Dec 31, 2023
Annual revenue (TTM): $189.14M as of Dec 31, 2023
EBITDA (TTM): $66.30M as of Dec 31, 2023
Net annual income (TTM): $54.46M as of Dec 31, 2023
Free cash flow (TTM): -$21.25M as of Dec 31, 2023
Net Debt Last Fiscal Year: $22.93M as of Dec 31, 2023
Shares outstanding: 24,401,429 as of Mar 10, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

Thank you for visiting InsiderTracking.com. We have detected you cannot see ads being served on our site due to blocking. Unfortunately, due to the high cost of data, we cannot serve the requested page without the accompanied ads.

If you wish to consider using a browser that blocks ads, please log in or subscribe.

Alternatively, if you have installed ad-blocking software, please disable it (sometimes a complete uninstall is necessary). If you are in private browsing mode and do not want to subscribe, please disable tracking protection while visiting our website.

Thank you for using Insider Tracking.

Learn More