earnings
confidence high
sentiment positive
materiality 0.70
Comstock Q2 revenue up 21% to $13.0M, net income up 53% to $1.4M, adjusted EBITDA up 39%
Comstock Holding Companies, Inc.
- Revenue $13.0M (+21% YoY); net income $1.4M ($0.14 diluted EPS) vs $0.09 prior year; YTD revenue $25.6M (+20%).
- Adjusted EBITDA $2.2M (+39% YoY); zero debt balance; operating cash flow >$2M in Q2 alone.
- Managed portfolio expanded to 82 assets from 69 a year ago; ParkX third-party revenue up 124%.
- Delivery of Phase II Reston Station (The Row) to begin Q3 2025; condominium pre-sales ~$78M secured.
- Commercial portfolio 93% leased; residential 97% leased with average rents up 3% YoY.