earnings
confidence high
sentiment positive
materiality 0.70
Comstock Q1 revenue $0.4M, commissions first solar panel recycling facility
Comstock Inc.
2024-Q1 EPS reported
-$0.06
revenue$425,951
- Revenue of $0.4M from metals recycling, first quarter with revenue.
- Net loss attributable to Comstock $6.9M ($0.06 per share), vs $5.7M prior year.
- Commissioned first zero-landfill solar panel recycling facility, producing 100% salable materials.
- Extended debt maturities to April 2026; total debt $10.9M.
- Realigned GenMat ownership to 32%; potential $20M from Green Li-ion monetization.