Comstock reports Q4 revenue $11.0M (+18% YoY), net income $1.9M (+43%); FY23 Adjusted EBITDA $10.4M (+16%)

Comstock Holding Companies, Inc.

Q4 revenue $11.0M (+18% YoY); Q4 net income $1.9M (+43% YoY); diluted EPS $0.18
FY23 revenue $44.7M (+14%); operating income $9.2M (+15%); net income $7.8M flat vs prior year
FY23 Adjusted EBITDA $10.4M (+16%); cash from operations $9.0M
Commercial lease 92% (up from 87%), residential lease 97% (up from 88%); incentive fee $4.8M (+23%)
Completed acquisition of Comstock 41 investment property in Q4; parking revenue grew 50%

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Comstock Holding Companies, Inc. reported Fiscal Year 2023 results: revenue YTD revenue increased 14% to $44.7 million, net income YTD net income of $7.8 million, EPS Net income per share — diluted $0.77.

Period: Fiscal Year 2023
Revenue: YTD revenue increased 14% to $44.7 million
Net income: YTD net income of $7.8 million
EPS: Net income per share — diluted $0.77
Result: reported results

Exact text from the filing

YTD revenue increased 14% to $44.7 million, including 13% increase in recurring fee-based revenue • YTD operating income increased 15% to $9.2 million; YTD net income of $7.8 million flat vs. prior year

View on SEC.gov

Earnings Releases SEC 8-K Item 2.02 confidence 0.95

Comstock Holding Companies, Inc. reported Q4 2023 results: revenue Q4 revenue increased 18% to $11.0 million, net income Q4 net income increased 43% to $1.9 million.

Period: Q4 2023
Revenue: Q4 revenue increased 18% to $11.0 million
Net income: Q4 net income increased 43% to $1.9 million
Result: reported results

Exact text from the filing

Q4 revenue increased 18% to $11.0 million, including 12% increase in recurring fee-based revenue • Q4 operating income increased 22% to $1.9 million; Q4 net income increased 43% to $1.9 million

View on SEC.gov

Browse all earnings releases →

Comstock Holding Companies, Inc. filing history →

Source: SEC EDGAR

accession 0001299969-24-000009

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.