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Smith Douglas Homes Corp (N:SDHC)

Business Focus: Residential Builders - Single Homes

Sector:  Consumer Cyclicals Industry:  Homebuilding
 
See Regulatory Filings on SEC
Company Contact
Address: 110 Village Trail, Suite 215
WOODSTOCK GA 30188
Tel: N/A
Website: https://www.smithdouglas.com
IR: See website
Key People
Thomas L. Bradbury
Executive Chairman of the Board
Gregory S. Bennett
President, Chief Executive Officer, Vice Chairman of the Board
Russell Devendorf
Chief Financial Officer, Executive Vice President
Brett A. Steele
Vice President, General Counsel, Secretary
   
Business Overview
Smith Douglas Homes Corp. is a holding company. The Company is a private home builder engaged in the design, construction, and sale of single-family homes in communities in certain markets in the southeastern United States. The Company operates a land-light business model whereby the Company typically purchases finished lots via lot-option contracts from various third-party land developers or land bankers. It designs, sell, and builds a range of single-family homes in each of its markets, with a core focus on the entry-level and empty-nest homebuyer segments. It also offers a variety of floor plans ranging from 1,100 square feet to over 3,000 square feet. The Company operates in metropolitan Atlanta, Birmingham, Charlotte, Huntsville, Nashville, and Raleigh. It also offers title insurance services. Its plan library includes open-concept homes with single-level living, modern villas, and townhomes, and functional two and three-story homes, with extra space for conveniences.
Financial Overview
For the three months ended 31 March 2024, Smith Douglas Homes Corp revenues totaled $189.2M. Net income totaled to $3M.