earnings
confidence high
sentiment positive
materiality 0.75
Comstock Q4 revenue $16.9M (+54% YoY); FY net income $14.6M (+87%)
Comstock Holding Companies, Inc.
- Q4 revenue $16.9M (+54% YoY); net income $10.3M, diluted EPS $0.99 vs $0.18 YoY.
- Q4 Adjusted EBITDA $3.1M (+45%); operating cash flow $7.8M.
- FY2024 revenue $51.3M (+15%); net income $14.6M (+87%); Adj. EBITDA $11.6M (+11%).
- Managed portfolio grew to 72 assets from 49; AUM growth driven by ParkX expansion; stabilized commercial 93% leased.
- Year-end cash $28.8M; The Row at Reston Station on track for late 2025 delivery.