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United Homes Group, Inc. Reports Fourth Quarter and Full Year 2024 Results

1. UHG reported a net income of $0.7 million for Q4 2024. 2. Results included significant non-cash losses from extinguished debt and derivative liabilities.

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FAQ

Why Bearish?

The substantial non-cash losses could indicate underlying financial instability. Such losses may concern investors, similar to past instances where companies struggled after reporting large non-cash impairments.

How important is it?

The results directly reflect UHG's current financial health, influencing investor confidence. High non-cash losses highlight risk, potentially affecting stock performance significantly in the short-term.

Why Short Term?

The immediate impact is likely tied to Q4 results. Investors may react quickly to poor financial indicators, but longer-term effects depend on management's corrective actions.

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COLUMBIA, S.C.--(BUSINESS WIRE)--United Homes Group, Inc. (the “Company”) (NASDAQ: UHG) today announced results for the fourth quarter and fiscal year ended December 31, 2024. Fourth Quarter 2024 Operating Results For the fourth quarter 2024, net income was $0.7 million, or $0.01 per diluted share, which included a predominantly non-cash loss on extinguishment of Convertible Notes of $45.6 million, and change in fair value of derivative liabilities of $38.0 million, with that change primarily d.

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