secwatch.observer — SEC 8-K summary
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Issuer:     Comstock Holding Companies, Inc. (CHCI)
CIK:        0001299969
Form:       8-K
Filed at:   2022-11-10T23:59:59+00:00
Accession:  0001299969-22-000046
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Comstock Q3 2022 revenue up 26% to $12.8M; net income $3.7M; revolver fully paid
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- Revenue $12.8M (+26% YoY); operating income $3.9M (+24% YoY); diluted EPS $0.37.
- Paid off remaining $5.5M on $10M revolver, leaving balance sheet debt-free on that facility.
- Managed portfolio grew to 40 assets; secured 98,000 sq ft of new leases in Q3.
- YTD net income $6.4M; excluding prior-year $11.3M tax benefit, net income rose 70% to $6.5M.
- Incentive fee revenue of $3.9M from 2022 Asset Management Agreement.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1299969/000129996922000046/0001299969-22-000046-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1299969/000129996922000046/chci-20221110.htm
  HTML page:      https://secwatch.observer/filing/0001299969-22-000046

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