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LF Capital Acquisition Corp.

EDGAR
Quarterly report (10-Q) · filed 2025-05-13

Annual consolidated revenue for 2024: about USD 1.55B, using the latest reported figures. The previous period, 2023, was about USD 1.21B.

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Watchlist

Latest quarter

Revenue

311 million USD

2025 Q1 · USD

Exact inputs and evidence

Operating margin

-3.6%

2025 Q1 · %

Exact inputs and evidence
  • Operating Income: -11197000 USD Source
  • Revenue: 310811000 USD Source

Operating cash flow

-10.1 million USD

2025 Q1 · USD

Exact inputs and evidence
  • Operating Cash Flow: -10076000 USD Source
Cash and cash equivalents
36.7 million USD Source
Exact value

36740000 USD

Long-term debt including current maturities
483 million USD Source
Exact value

482736000 USD

Shares outstanding
36.4 million shares Source
Exact value

36400000 shares

Reported share-count change

0.83% · 300 thousand shares

Year-over-year change in reported shares. Splits, issuance and buybacks can affect this figure; it does not isolate employee compensation or economic dilution.

Exact inputs and evidence
  • 36100000 shares · 2024-03-31· Source
  • 36400000 shares · 2025-03-31· Source

Trailing twelve months

The four most recent complete quarters added together. This gives a full-year view that includes the latest quarterly results.

Revenue

1.57 billion USD

2024-04-01 – 2025-03-31

Exact inputs and evidence
  • Revenue: 431143000 USD · 2024-04-01 – 2024-06-30 Source
  • Revenue: 338472000 USD · 2024-07-01 – 2024-09-30 Source
  • Revenue: 1550337000 USD · 2024-01-01 – 2024-12-31 Source
  • Revenue: 1063656000 USD · 2024-01-01 – 2024-09-30 Source
  • Revenue: 310811000 USD · 2025-01-01 – 2025-03-31 Source

Net income

11.1 million USD

2024-04-01 – 2025-03-31

Exact inputs and evidence
  • Net income: 2885000 USD · 2024-04-01 – 2024-06-30 Source
  • Net income: 11110000 USD · 2024-07-01 – 2024-09-30 Source
  • Net income: 18534000 USD · 2024-01-01 – 2024-12-31 Source
  • Net income: 14185000 USD · 2024-01-01 – 2024-09-30 Source
  • Net income: -7254000 USD · 2025-01-01 – 2025-03-31 Source

Operating cash flow

52.8 million USD

2024-04-01 – 2025-03-31

Exact inputs and evidence
  • Operating cash flow: 401000 USD · 2024-01-01 – 2024-06-30 Source
  • Operating cash flow: -33235000 USD · 2024-01-01 – 2024-03-31 Source
  • Operating cash flow: -18214000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: 401000 USD · 2024-01-01 – 2024-06-30 Source
  • Operating cash flow: 29602000 USD · 2024-01-01 – 2024-12-31 Source
  • Operating cash flow: -18214000 USD · 2024-01-01 – 2024-09-30 Source
  • Operating cash flow: -10076000 USD · 2025-01-01 – 2025-03-31 Source

Company performance

Up to ten complete financial years · consolidated figures

Includes later revisions to earlier periods. Annual charts exclude incomplete years.

Latest filing recorded: 2025-05-13.

Financial data available through: 2024-12-31.

Coverage by financial measure
  • Revenue: 6 of 11 periods available· newest 2024-12-31
  • Operating income: 7 of 11 periods available· newest 2024-12-31
  • Net income: 7 of 11 periods available· newest 2024-12-31
  • Operating cash flow: 7 of 11 periods available· newest 2024-12-31
  • capital expenditure: No compatible figures in this window
  • Total assets: 6 of 11 periods available· newest 2024-12-31
  • Total liabilities: 6 of 11 periods available· newest 2024-12-31
  • Current assets: 2 of 11 periods available· newest 2020-12-31
  • Current liabilities: 2 of 11 periods available· newest 2020-12-31
  • Cash and cash equivalents: 6 of 11 periods available· newest 2024-12-31
  • Long-term debt including current maturities: 3 of 11 periods available· newest 2022-12-31
  • Shares outstanding: 5 of 11 periods available· newest 2024-12-31

Coverage describes values retained in this snapshot. Missing values are not zero; loading limits are reported separately.

What changed year over year

Latest complete year compared with the corresponding period one year earlier. These are measured changes; they do not establish their business causes.

  • Revenue

    +28.1%

    Prior period

    USD 1.21 billion

    –

    Current period

    USD 1.55 billion

    –

    Exact inputs and evidence

    1550337000 − 1209947000 = 340390000 USD

    1209947000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    1550337000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Net income

    -43.2%

    Prior period

    USD 32.65 million

    –

    Current period

    USD 18.53 million

    –

    Exact inputs and evidence

    18534000 − 32650000 = -14116000 USD

    32650000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    18534000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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  • Operating cash flow

    +9%

    Prior period

    USD 27.17 million

    –

    Current period

    USD 29.6 million

    –

    Exact inputs and evidence

    29602000 − 27167000 = 2435000 USD

    27167000 USD · 2023-01-01 – 2023-12-31

    Inspect prior input Prior source

    29602000 USD · 2024-01-01 – 2024-12-31

    Inspect current input Current source
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Comparable inputs unavailable for: Capital expenditure.

Where revenue goes

How a period’s revenue divides into costs and what remains as profit. Items marked Derived are calculated by subtraction from reported figures.

2024 2024-01-01 – 2024-12-31

  • Revenue USD 1.55 billion 100% of revenue
  • Cost of revenue USD 1.32 billion 85% of revenue
  • Operating expenses USD 200.33 million 13% of revenue
  • Operating income USD 27.46 million 1.8% of revenue
  • Tax, interest and other Derived USD 8.93 million 0.6% of revenue
  • Net income USD 18.53 million 1.2% of revenue

Cash

  • Operating cash flow USD 29.6 million 1.9% of revenue
  • Capital expenditure Unavailable An input is unavailable.
  • Free cash flow Derived Unavailable An input is unavailable.

Share of revenue by period

  • Net income
  • Tax, interest and other
  • Operating costs
  • 2019 94%
  • 2020 Net loss: net income was −1.2% of revenue.
  • 2021 94%
  • 2022 93%
  • 2023 97%
  • 2024 98%
Values and sources
Revenue breakdown by annual reporting period
PeriodRevenueOperating costsOperating incomeTax, interest and otherNet incomeFree cash flowSource
2019 2019-01-01 – 2019-12-31630988000 592935000 Derived 38053000 20853000 Derived 17200000 Unavailable
Source
2020 2020-01-01 – 2020-12-31734608000 730435000 Derived 4173000 13124000 Derived -8951000 Unavailable
Source
2021 2021-01-01 – 2021-12-311023304000 963812000 Derived 59492000 6706000 Derived 52786000 Unavailable
Source
2022 2022-01-01 – 2022-12-311446449000 1338155000 Derived 108294000 32629000 Derived 75665000 Unavailable
Source
2023 2023-01-01 – 2023-12-311209947000 1169663000 Derived 40284000 7634000 Derived 32650000 Unavailable
Source
2024 2024-01-01 – 2024-12-311550337000 1522878000 Derived 27459000 8925000 Derived 18534000 Unavailable
Source

Amounts are exact, in USD.

Growth

Sales over time and how quickly they are changing.

Revenue

Revenue reported for each complete financial period.

USD 1.6B 2024
Revenue historyRevenue reported for each complete financial period. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.1.7B1.3B837.2M418.6M0.0201920222024
Values and sources
Revenue values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Revenue630988000
2020Revenue734608000
2021Revenue1023304000
2022Revenue1446449000
2023Revenue1209947000
2024Revenue1550337000

Revenue growth

Change in revenue from the same financial period one year earlier.

28.1% 2024
Revenue growth historyChange in revenue from the same financial period one year earlier. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.46%29%13%-4%-21%201920222024
Values and sources
Revenue growth values and source evidence
PeriodSeriesValueSource evidence
2019Year over yearNo prior comparable period
2020Year over year16.4%
2021Year over year39.3%
2022Year over year41.4%
2023Year over year-16.4%
2024Year over year28.1%

Profit and cash

How much revenue becomes profit, and how much cash operations generate.

Profit margins

Operating income, net income and free cash flow as a share of revenue.

Operating margin 1.8% 2024
Net margin 1.2% 2024
Profit margins historyOperating income, net income and free cash flow as a share of revenue. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.8.2%5.7%3.1%0.6%-1.9%201920222024
  • Operating margin
  • Net margin
  • Free cash flow margin
Values and sources
Profit margins values and source evidence
PeriodSeriesValueSource evidence
2019Operating margin6%
2020Operating margin0.6%
2021Operating margin5.8%
2022Operating margin7.5%
2023Operating margin3.3%
2024Operating margin1.8%
2019Net margin2.7%
2020Net margin-1.2%
2021Net margin5.2%
2022Net margin5.2%
2023Net margin2.7%
2024Net margin1.2%
2019Free cash flow marginNot reported
2020Free cash flow marginNot reported
2021Free cash flow marginNot reported
2022Free cash flow marginNot reported
2023Free cash flow marginNot reported
2024Free cash flow marginNot reported

Operating cash flow

Cash generated by the company’s normal business operations.

USD 29.6M 2024
Operating cash flow historyCash generated by the company’s normal business operations. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.114.5M85.9M57.3M28.6M0.0201920222024
Values and sources
Operating cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Operating cash flow106042000
2020Operating cash flow13609000
2021Operating cash flow33400000
2022Operating cash flow15995000
2023Operating cash flow27167000
2024Operating cash flow29602000

Free cash flow

Operating cash flow minus capital expenditure for the same period and unit.

Not enough comparable data to show this history.
Values and sources
Free cash flow values and source evidence
PeriodSeriesValue(USD)Source evidence
2019Free cash flowUnavailable
2020Free cash flowUnavailable
2021Free cash flowUnavailable
2022Free cash flowUnavailable
2023Free cash flowUnavailable
2024Free cash flowUnavailable

Balance sheet

Liabilities and short-term ability to meet obligations at each period end.

Liabilities to assets

Total liabilities as a share of total assets.

60.3% 2024
Liabilities to assets historyTotal liabilities as a share of total assets. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.65%49%33%16%0%201920222024
Values and sources
Liabilities to assets values and source evidence
PeriodSeriesValueSource evidence
2019Liabilities / assets10.7%
2020Liabilities / assets40.9%
2021Liabilities / assets50.9%
2022Liabilities / assets50.7%
2023Liabilities / assets53.2%
2024Liabilities / assets60.3%

Current assets to current liabilities

Current assets divided by current liabilities.

0.02× 2020
Current assets to current liabilities historyCurrent assets divided by current liabilities. Values are shown by financial reporting period. Open Values and sources below for the exact observations and evidence.0.53×0.40×0.27×0.13×0.00×20192022-12-312024-12-31
Values and sources
Current assets to current liabilities values and source evidence
PeriodSeriesValueSource evidence
2019Current assets / current liabilities0.49×
2020Current assets / current liabilities0.02×
2021-12-31Current assets / current liabilitiesNot reportedNo source recorded
2022-12-31Current assets / current liabilitiesNot reportedNo source recorded
2023-12-31Current assets / current liabilitiesNot reportedNo source recorded
2024-12-31Current assets / current liabilitiesNot reportedNo source recorded

Cash generation

Compare reported profit with operating cash and capital spending. Free cash flow is calculated as operating cash flow minus capital expenditure when both exact, consolidated amounts match the same period and unit.

Cash generation by annual reporting period
PeriodNet incomeOperating cash flowCapital expenditureFree cash flow
2018 2018-01-01 – 2018-12-31
USD 592,850
Exact value

Exact value: 592850 USD

2018-01-01 – 2018-12-31: 592850 USD Inspect Net Income Open source
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−USD 931,031
Exact value

Exact value: -931031 USD

2018-01-01 – 2018-12-31: -931031 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2019 2019-01-01 – 2019-12-31
USD 17.2 million
Exact value

Exact value: 17200000 USD

2019-01-01 – 2019-12-31: 17200000 USD Inspect Net Income Open source
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USD 106.04 million
Exact value

Exact value: 106042000 USD

2019-01-01 – 2019-12-31: 106042000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2020 2020-01-01 – 2020-12-31
−USD 8.95 million
Exact value

Exact value: -8951000 USD

2020-01-01 – 2020-12-31: -8951000 USD Inspect Net Income Open source
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USD 13.61 million
Exact value

Exact value: 13609000 USD

2020-01-01 – 2020-12-31: 13609000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2021 2021-01-01 – 2021-12-31
USD 52.79 million
Exact value

Exact value: 52786000 USD

2021-01-01 – 2021-12-31: 52786000 USD Inspect Net Income Open source
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USD 33.4 million
Exact value

Exact value: 33400000 USD

2021-01-01 – 2021-12-31: 33400000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2022 2022-01-01 – 2022-12-31
USD 75.67 million
Exact value

Exact value: 75665000 USD

2022-01-01 – 2022-12-31: 75665000 USD Inspect Net Income Open source
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USD 16 million
Exact value

Exact value: 15995000 USD

2022-01-01 – 2022-12-31: 15995000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2023 2023-01-01 – 2023-12-31
USD 32.65 million
Exact value

Exact value: 32650000 USD

2023-01-01 – 2023-12-31: 32650000 USD Inspect Net Income Open source
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USD 27.17 million
Exact value

Exact value: 27167000 USD

2023-01-01 – 2023-12-31: 27167000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

2024 2024-01-01 – 2024-12-31
USD 18.53 million
Exact value

Exact value: 18534000 USD

2024-01-01 – 2024-12-31: 18534000 USD Inspect Net Income Open source
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USD 29.6 million
Exact value

Exact value: 29602000 USD

2024-01-01 – 2024-12-31: 29602000 USD Inspect Operating Cash Flow Open source
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Unavailable Not reported for this period.
Unavailable

Free cash flow cannot be calculated because Capital expenditure is unavailable for this period.

Capital expenditure uses the canonical mapped positive-spending convention. A missing, ambiguous, incompatible, or negative-sign input is left blank. Values use the latest reported version.

Dataset coverage and company identifiers

Coverage reflects filings processed into this Fundies dataset; it does not imply every source filing is loaded.

35 filings · 2,511 latest values · 2,511 originally reported values

Dataset published . Source filing dates and reporting periods are shown separately.

Identifiers: 0001721386, 1721386, edgar:1721386

Also known as LANDSEA HOMES CORPORATION, LF Capital Acquisition Corp., Landsea Homes Corp, Landsea Homes Corporation