Legacy Housing Corp
NASDAQ:LEGH
Income Statement
Earnings Waterfall
Legacy Housing Corp
Revenue
|
189.1m
USD
|
Cost of Revenue
|
-99.7m
USD
|
Gross Profit
|
89.5m
USD
|
Operating Expenses
|
-24.9m
USD
|
Operating Income
|
64.6m
USD
|
Other Expenses
|
-10.1m
USD
|
Net Income
|
54.5m
USD
|
Income Statement
Legacy Housing Corp
Sep-2018 | Dec-2018 | Mar-2019 | Jun-2019 | Sep-2019 | Dec-2019 | Mar-2020 | Jun-2020 | Sep-2020 | Dec-2020 | Mar-2021 | Jun-2021 | Sep-2021 | Dec-2021 | Mar-2022 | Jun-2022 | Sep-2022 | Dec-2022 | Mar-2023 | Jun-2023 | Sep-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | |||||||||||||||||||||||
Revenue |
169
N/A
|
162
-4%
|
157
-3%
|
159
+1%
|
160
+1%
|
169
+5%
|
169
+0%
|
170
+0%
|
171
+1%
|
177
+3%
|
178
+1%
|
181
+1%
|
194
+7%
|
198
+2%
|
218
+10%
|
233
+7%
|
234
+0%
|
257
+10%
|
250
-3%
|
238
-5%
|
231
-3%
|
189
-18%
|
|
Gross Profit | |||||||||||||||||||||||
Cost of Revenue |
(109)
|
(107)
|
(101)
|
(100)
|
(101)
|
(105)
|
(105)
|
(106)
|
(106)
|
(110)
|
(110)
|
(110)
|
(115)
|
(114)
|
(123)
|
(133)
|
(133)
|
(150)
|
(146)
|
(138)
|
(129)
|
(100)
|
|
Gross Profit |
60
N/A
|
55
-9%
|
56
+2%
|
59
+6%
|
59
+0%
|
64
+8%
|
64
+0%
|
64
-1%
|
65
+2%
|
67
+3%
|
69
+2%
|
71
+4%
|
79
+10%
|
84
+6%
|
94
+13%
|
101
+7%
|
101
+1%
|
107
+6%
|
104
-2%
|
100
-4%
|
102
+1%
|
89
-12%
|
|
Operating Income | |||||||||||||||||||||||
Operating Expenses |
(21)
|
(22)
|
(23)
|
(25)
|
(26)
|
(26)
|
(25)
|
(23)
|
(22)
|
(20)
|
(19)
|
(20)
|
(20)
|
(25)
|
(27)
|
(28)
|
(30)
|
(29)
|
(26)
|
(25)
|
(24)
|
(25)
|
|
Selling, General & Administrative |
(20)
|
(21)
|
(23)
|
(24)
|
(25)
|
(26)
|
(25)
|
(23)
|
(21)
|
(19)
|
(18)
|
(19)
|
(20)
|
(23)
|
(26)
|
(27)
|
(29)
|
(28)
|
(25)
|
(25)
|
(24)
|
(24)
|
|
Other Operating Expenses |
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(0)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(1)
|
(0)
|
(0)
|
(1)
|
|
Operating Income |
39
N/A
|
33
-16%
|
32
-2%
|
34
+6%
|
33
-4%
|
38
+14%
|
39
+3%
|
41
+4%
|
43
+7%
|
48
+10%
|
50
+4%
|
52
+4%
|
58
+13%
|
59
+1%
|
67
+13%
|
72
+8%
|
72
-1%
|
78
+9%
|
78
+0%
|
75
-4%
|
77
+3%
|
65
-16%
|
|
Pre-Tax Income | |||||||||||||||||||||||
Interest Income Expense |
(2)
|
(2)
|
(2)
|
(1)
|
(1)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
(0)
|
0
|
0
|
1
|
2
|
2
|
3
|
3
|
2
|
2
|
2
|
2
|
|
Non-Reccuring Items |
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
|
Total Other Income |
(0)
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
1
|
1
|
1
|
1
|
2
|
2
|
2
|
2
|
2
|
|
Pre-Tax Income |
37
N/A
|
31
-16%
|
31
0%
|
33
+8%
|
32
-2%
|
38
+16%
|
40
+6%
|
42
+4%
|
45
+7%
|
49
+10%
|
50
+3%
|
52
+4%
|
59
+14%
|
61
+2%
|
70
+15%
|
76
+9%
|
75
-1%
|
82
+9%
|
82
+0%
|
79
-4%
|
81
+2%
|
69
-15%
|
|
Net Income | |||||||||||||||||||||||
Tax Provision |
(8)
|
(9)
|
(7)
|
(8)
|
(8)
|
(9)
|
(9)
|
(10)
|
(10)
|
(11)
|
(10)
|
(10)
|
(11)
|
(11)
|
(13)
|
(14)
|
(13)
|
(14)
|
(14)
|
(14)
|
(14)
|
(14)
|
|
Income from Continuing Operations |
28
|
22
|
23
|
25
|
25
|
29
|
31
|
32
|
34
|
38
|
40
|
42
|
49
|
50
|
57
|
62
|
62
|
68
|
68
|
66
|
67
|
54
|
|
Net Income (Common) |
28
N/A
|
22
-24%
|
23
+9%
|
25
+7%
|
25
-1%
|
29
+16%
|
31
+6%
|
32
+5%
|
34
+7%
|
38
+11%
|
40
+4%
|
42
+7%
|
49
+15%
|
50
+3%
|
57
+15%
|
62
+8%
|
62
+0%
|
68
+10%
|
68
+0%
|
66
-3%
|
67
+2%
|
54
-19%
|
|
EPS (Diluted) |
0.92
N/A
|
0.87
-5%
|
0.94
+8%
|
1.03
+10%
|
1.01
-2%
|
1.18
+17%
|
1.25
+6%
|
1.31
+5%
|
1.41
+8%
|
1.57
+11%
|
1.63
+4%
|
1.74
+7%
|
2
+15%
|
2.05
+2%
|
2.31
+13%
|
2.47
+7%
|
2.43
-2%
|
2.74
+13%
|
2.69
-2%
|
2.61
-3%
|
2.66
+2%
|
2.17
-18%
|