CHCI - Earnings announcements

Strong commercial leasing in Q3; significant office leases signed post-quarter end bring YTD to 500,000+ sqft. Investment in ParkX expansion drives Q325 headcount growth; adds new fee-based revenue streams Revenue increased 3% to $13.3 million; YTD increase of 13% to $38.9 million YTD revenue growth for 27th consecutive quarter; includes 25 periods with double-digit increases 30% increase in recurring, fee-based revenue from property management subsidiaries; up 37% YTD Includes 96% increase in third-party revenue from ParkX; up 126% YTD Supplemental fee revenue up 35% vs. prior year Net income of $0.5 million; $3.6 million YTD Adjusted EBITDA of $1.1 million; $5.3

Significant revenue growth continues; Delivery of Phase II of Reston Station to begin in Q3 2025  Revenue increased 21% to $13.0 million; YTD increase of 20% to $25.6 million 42% increase in recurring, fee-based revenue from property management operating subsidiaries, including 124% increase in third-party revenue from ParkX YTD total recurring, fee-based revenue up 19% vs. prior year Net income increased 53% to $1.4 million; YTD increase of 64% to $3.1 million Adjusted EBITDA increased 39% to $2.2 million; YTD increase of 38% to $4.3 million 13 additional AUM vs. prior year; includes 7 new third-party ParkX contracts added in Q2 Growing return-to-office mandates drivi

Q125 results again produce double-digit growth across key financial metrics Revenue increased 19% to $12.6 million, including 20% increase in total recurring fee-based revenue Net income of $1.6 million, a 75% increase vs. prior year Adjusted EBITDA of $2.1 million, a 38% increase vs. prior year 11 additional AUM vs. prior year; ParkX subsidiary continues to expand Commercial and Residential portfolio assets are thriving, remain leased well-above industry average Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region, announced its f

Consistent revenue growth and positive operating cash flows continue CHCI's successful track record Q4 2024 Q4 revenue of $16.9 million up 54% vs. prior year, including 38% increase in recurring fee-based revenue $3.2 million of supplemental fee revenue earned in Q4 alone Q4 net income of $10.3 million, including 162% increase in operating income Q4 Adjusted EBITDA increased 45% to $3.1 million Generated $7.8 million of operating cash in Q4 Fiscal Year 2024 YTD revenue increased 15% to $51.3 million, including 25% increase in recurring fee-based revenue YTD net income of $14.6 million, up 87% vs. prior year YTD Adjusted EBITDA increased 11% to $11.6 million Year-end c

YTD Revenue growth for 23rd consecutive period as Company prepares for next significant growth phase $13.0 million of revenue; YTD revenue of $34.4 million 154% increase in recurring fee-based Property & Parking Management revenue; YTD up over 100% $1.1 million QTD and YTD increase in supplemental fee revenue related to commercial leases Solid net income/Adjusted EBITDA performance despite impact of scheduled Q3 incentive fee trigger event that was temporarily deferred for seven commercial assets Operating cash flow increase of $3.3 million vs. prior year; $3.9 million generated in Q3 alone 26 additional AUM vs. prior year, primarily driven by rapid ParkX Management expansion

Asset-light, debt-free business model continues to deliver positive results Revenue increased 20% to $10.8 million; YTD increase of 11% to $21.4 million 103% increase in recurring fee-based Property & Parking Management revenue; YTD increase of 74% 24 additional AUM vs. prior year Net income increased 99% to $0.9 million; YTD increase of 51% to $1.9 million Adjusted EBITDA increased 56% to $1.6 million; YTD increase of 16% to $3.1 million 6 new commercial leases executed in Q2 representing over 60,000 sqft. of office and retail space Residential managed portfolio 97% leased; in-place rent growth of 7% vs. prior year Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("

Significant managed portfolio expansion continues recent growth trajectory Revenue increased 4% to $10.6 million; 15th consecutive period of year-over-year growth 45% increase in recurring fee-based Property & Parking Management revenue 20 additional AUM vs. prior year, including 12 new third-party ParkX contracts Net income of $0.9 million, an increase of 21% vs. prior year; Adjusted EBITDA of $1.5 million 10 commercial leases executed in Q124, including 7 new tenants; Commercial portfolio expansion includes delivery of first trophy-class office tower in The Row at Reston Station, expanding capacity for new leasing activity Residential managed portfolio 96% leased; in-p

Q4 2023 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 Q4 Adjusted EBITDA increased 17% to $2.2 million Fiscal Year 2023 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 YTD Adjusted EBITDA of $10.4 million, up 16% vs. prior year Generated $9.0 million of cash flow from operations Maintained well above-average leased percentages in both Commercial and Residential por

Revenue increased for the 13th consecutive quarter to $14.5 million; YTD revenue of $33.7 million, up 12% vs. prior year Net income increased 27% to $4.7 million; YTD net income of $5.9 million Adjusted EBITDA increased 35% to $5.6 million; YTD Adjusted EBITDA of $8.3 million, up 16% vs. prior year Commercial and Residential portfolios each remain well over 90% leased Parking management expansion continues, 37% revenue growth vs. prior year; YTD revenue up 54% Further strengthened balance sheet, including 81% current ratio growth vs. 12/31/22 Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of m

Revenue increased 6% to $9.0 million, representing 12th consecutive quarter of YoY growth YTD revenue increased 12% to $19.2 million, including 25% growth in recurring fee-based revenue streams Net income of $0.5 million; $1.2 million YTD Generated over $1.0 million of Adjusted EBITDA; $2.7 million YTD Commercial portfolio remains over 90% leased; in-place rent growth of 6% vs. prior year Residential portfolio now over 95% leased; in-place rent growth of 7% vs. prior year Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company"), a leading asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. re

Revenue increased 18% to $10.3 million vs. $8.7 million in Q1 2022; driven by 9% growth in asset management and 37% growth in three property management subsidiaries combined Non-cash impacts of prior year tax benefit and investment valuation decline resulted in net income of $0.7 million vs. $2.0 million in Q1 2022 Adjusted EBITDA of $1.6 million represents slight increase vs. Q1 2022 Strong demand across portfolio of residential assets increased leased percentage to 93% as of Q1 2023, up from 84% in Q1 2022 and driven in part by successful lease up of BLVD Ansel, which was acquired in March 2022 and is now 91% leased Commercial portfolio assets remained in demand with a 90% le

Revenue increased 20% to $9.3 million in Q4 2022 vs. $7.8 million in Q4 2021; FY 2022 revenue increased 26% to $39.3 million vs. $31.1 million in 2021 Operating income increased 61% to $1.6 million in Q4 2022 vs. $1.0 million in Q421; FY 2022 operating income increased 57% to $8.0 million vs. $5.1 million in 2021 Net income increased 39% to $1.3 million in Q4 2022 vs. $0.9 million in Q4 2021; FY 2022 net income of $7.7 million vs. $16.0 million in 2021, primarily due to $11.2 million non-cash tax benefit in 2021 Adjusted EBITDA increased 58% to $1.9 million in Q4 2022 vs. $1.2 million in Q4 2021; YTD 2022 Adjusted EBITDA increased 55% to $9.0 million vs. $5.8 million in 2021 Comsto

Revenue increased 26% to $12.8 million in Q3 2022 vs. $10.1 million in Q3 2021; YTD revenue increased 29% to $30.0 million vs. $23.3 million in 2021 Operating income increased 24% to $3.9 million in Q3 2022 vs. $3.1 million in Q2 2021; YTD operating income increased 56% to $6.4 million in Q3 2022 vs. $4.1 million in 2021 Further strengthened balance sheet through pay off of $5.5 million balance on $10.0 million revolving credit facility Comstock Holding Companies, Inc. (NASDAQ:CHCI) ("Comstock" or the "Company") announced its financial results for the three and nine months ended September 30, 2022. "We continue to achieve positive financial results, primarily driven by the consisten

Revenue increased 34% to $8.5 million in Q2 2022 vs. $6.3 million in Q2 2021; YTD revenue increased 31% to $17.2 million vs. $13.2 million in 2021Operating income increased 127% to $1.1 million in Q2 2022 vs. $0.5 million in Q2 2021; YTD operating income increased 166% to $2.5 million in Q2 2022 vs. $1.0 million in 2021Strengthened balance sheet via redemption of Series C preferred stock at discount New asset management agreement covering Anchor Portfolio provides expanded revenue opportunities and extends term through 2035Dwight Schar, recently retired CEO/Chairman of NVR, Inc. (NYSE:NVR), joining Comstock as significant shareholder RESTON, Va., Aug. 15, 2022 (GLOBE NEWSWIRE) -- Comsto