← Legacy Housing Corp
| Annual Trend | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | TTM | |
|---|---|---|---|---|---|---|---|---|---|---|
| Net income | $21.5m |
$28.8m
+34.08%
|
$38.0m
+31.73%
|
$49.9m
+31.26%
|
$67.8m
+35.90%
|
$54.5m
-19.64%
|
$61.6m
+13.19%
|
$41.8m
-32.17%
|
$51.2m
+22.57%
|
|
| Depreciation and amortization expense | $838k | $1.0m | $1.2m | $1.6m | $1.9m | $1.7m | $1.9m | $1.9m | $2.6m | |
| Amortization of deferred revenue | — | — | ($637k) | $814k | ($1.4m) | ($1.3m) | ($2.0m) | ($1.4m) | — | |
| Amortization of lines of credit cost | — | — | — | — | $74k | $70k | $68k | $68k | — | |
| Deferred income taxes | $1.8m | ($76k) | $205k | $1.0m | $61k | ($524k) | ($132k) | ($3.2m) | ($3.6m) | |
| Accounts receivable | $839k | $826k | ($1.7m) | ($5.3m) | $309k | ($155k) | $744k | ($8.0m) | ($17.6m) | |
| Provision for long term inventory | — | — | $620k | ($188k) | ($83k) | $49k | $249k | $53k | — | |
| Dealer inventory loan activity, net | — | — | — | — | ($26.6m) | ($2.9m) | $200k | $4.4m | — | |
| Inventory | ($2.5m) | $10.3m | $3.3m | ($7.8m) | $5.7m | ($2.0m) | $3.2m | ($1.0m) | $5.9m | |
| Accounts payable and accrued liabilities | — | — | — | ($1.5m) | ($3.4m) | ($5k) | ($3.5m) | $11.3m | — | |
| Prepaid expenses and other current assets | ($1.1m) | ($1.9m) | $1.9m | ($1.2m) | $485k | ($1.3m) | ($1.1m) | ($743k) | — | |
| Other assets - leased mobile homes | — | — | — | — | — | — | $2.5m | $278k | — | |
| Other assets | ($382k) | ($1.7m) | ($4.9m) | ($1.7m) | ($1.4m) | ($1.2m) | ($155k) | ($7.7m) | — | |
| Net cash provided by operating activities | $2.8m |
($4.2m)
-248.69%
|
($2.0m)
+51.42%
|
$60.3m
+3060.04%
|
($1.7m)
-102.80%
|
($13.5m)
-700.47%
|
$36.0m
+365.91%
|
$37.2m
+3.22%
|
$50.6m
+36.15%
|
|
| Purchases of property, plant and equipment | ($6.1m) | ($4.2m) | ($2.8m) | ($6.0m) | ($3.8m) | ($7.7m) | ($9.2m) | ($9.0m) | — | |
| Proceeds from sale of property | — | — | — | — | — | — | $1.6m | — | $1.1m | |
| Net cash used in investing activities | ($4.5m) | ($15.1m) | ($2.7m) | ($31.9m) | $9.1m | ($9.8m) | ($6.7m) | ($22.1m) | ($21.2m) | |
| Net cash used in financing activities | $3.8m |
$18.4m
+384.52%
|
$3.8m
-79.39%
|
($28.1m)
-839.14%
|
($5.6m)
+80.01%
|
$21.2m
+478.25%
|
($28.9m)
-235.99%
|
($7.7m)
+73.18%
|
($3.1m)
+60.61%
|
|
| Cash at beginning of period | $2.6m | $1.7m | $768k | $1.0m | $2.8m | $748k | $1.1m | $8.5m | — | |
| Additional Supplementary Disclosures | ||||||||||
| Additional Supplementary Disclosures | ||||||||||
| Provision for accounts and notes receivable | — | — | $97k | $246k | ($109k) | $1.4m | ($240k) | $5.4m | — | |
| Gain from sale of assets | — | — | — | — | — | ($507k) | ($2.1m) | — | — | |
| Gain from loan settlements | — | — | — | — | — | — | ($6.1m) | $413k | — | |
| Non-cash operating lease expense | $2.8m | ($4.2m) | ($2.0m) | $60.3m | $62k | ($50k) | ($44k) | ($33k) | $50.6m | |
| Share based payment expense | — | $630k | $226k | $230k | $4.9m | $769k | $777k | $458k | — | |
| Consumer loans activity, net | ($19.6m) | ($19.0m) | ($19.7m) | ($26.0m) | ($13.3m) | ($17.4m) | ($17.1m) | ($17.0m) | — | |
| Notes receivable MHP activity, net | ($37.9m) | ($61.0m) | ($68.5m) | ($46.2m) | ($39.4m) | ($39.2m) | ($1.3m) | $9.9m | — | |
| Right of use asset, net | — | — | — | — | $46k | $33k | $27k | ($16k) | — | |
| Customer deposits | ($681k) | ($655k) | $2.1m | $4.7m | $2.0m | ($5.6m) | ($2.2m) | ($117k) | — | |
| Escrow liability | — | — | $199k | $1.6m | $303k | $451k | $1.5m | $1.5m | — | |
| Dealer incentive liability | ($658k) | ($584k) | ($1.3m) | $94k | $1.2m | ($256k) | ($890k) | ($1.0m) | — | |
| Purchase of AmeriCasa | — | — | — | — | — | — | — | ($19.0m) | — | |
| Issuance of notes receivable | ($1.2m) | ($11.9m) | ($5.1m) | ($36.8m) | ($4.4m) | ($14.8m) | ($5.5m) | ($1.6m) | — | |
| Notes receivable collections | $4.1m | $372k | $4.4m | $9.0m | $23.5m | $2.7m | $6.4m | $7.2m | — | |
| Purchases of loans | ($1.4m) | ($359k) | ($487k) | — | — | — | ($217k) | ($113k) | — | |
| Collections from purchased loans | $212k | $955k | $1.3m | $1.8m | $482k | $377k | $234k | $374k | — | |
| Proceeds from exercise of stock options | — | — | — | $100k | — | $100k | $200k | — | — | |
| Purchases of treasury stock | — | ($3.1m) | ($1.4m) | — | — | — | ($5.4m) | ($7.6m) | — | |
| Proceeds from lines of credit | $63.1m | $65.7m | $67.7m | $96.1m | $100.6m | $110.8m | $46.4m | $3.3m | — | |
| Payments on lines of credit | ($102.5m) | ($48.5m) | ($62.7m) | ($124.3m) | ($106.2m) | ($89.6m) | ($70.1m) | ($3.4m) | — | |
| Net increase in cash | $2.2m | ($875k) | ($956k) | $274k | $1.8m | ($2.1m) | $401k | $7.3m | — | |
| Cash paid for interest | $2.7m | $722k | $985k | $873k | $251k | $478k | $1.0m | $2k | — | |
| Cash paid for taxes | $5.2m | $9.3m | $6.7m | $8.2m | $10.3m | $18.9m | $15.0m | $6.5m | — |