earnings
confidence high
sentiment positive
materiality 0.75
Comstock Q2 revenue +20% to $10.8M, net income +99% to $0.9M, Adj EBITDA +56% to $1.6M
Comstock Holding Companies, Inc.
- Revenue $10.8M (+20% YoY); net income $0.9M (+99%); diluted EPS $0.09 vs $0.05.
- Managed portfolio grew to 69 assets from 45; recurring fee-based revenue up 103% in Q2.
- Residential portfolio 97% leased; commercial stabilized 93% leased; 6 new leases for 60K+ sqft.
- JW Marriott Residences pre-sales exceed projections on volume and pricing; delivery mid-2025.
- YTD revenue $21.4M (+11%), net income $1.9M (+51%), Adj EBITDA $3.1M (+16%); debt-free balance sheet.