earnings
confidence high
sentiment positive
materiality 0.75
Comstock corrects Q4 2024 Adj EBITDA to $5.4M (148% growth) from $3.1M
Comstock Holding Companies, Inc.
- Corrected Q4 2024 Adj EBITDA of $5.4M (148% growth) vs originally reported $3.1M (45% growth).
- Q4 revenue $16.9M (+54% YoY); recurring fee-based revenue up 38%.
- Q4 net income $10.3M, operating income up 162% vs prior year.
- Generated $7.8M operating cash in Q4; cash holdings $28.8M at year-end.
- Managed portfolio assets grew to 72 from 49 YoY; stabilized commercial 93% leased.