Sector: N/A | Industry: N/A |
See Regulatory Filings on SEC |
Company Contact | |
Address: | 1900 Reston Metro Plaza, 10Th Floor RESTON VA 20190 |
Tel: | 1-703-2301146 |
Website: | https://comstockhomes.com |
IR: | See website |
Key People | ||
Christopher Clemente Chairman of the Board, Chief Executive Officer | Christopher Michael Guthrie Chief Financial Officer, Executive Vice President | Timothy J. Steffan Chief Operating Officer | Jubal R. Thompson Executive Vice President, General Counsel, Secretary |
Business Overview |
Comstock Holding Companies, Inc. is an asset manager, developer, and operator of mixed-use and transit-oriented properties in the Washington, D.C. region. The Company has acquired, developed, operated, and sold millions of square feet of residential, commercial, and mixed-use properties. It specializes in supporting the integration of residential, commercial, and retail offerings into mixed-use communities, exemplified by Reston Station and Loudoun Station, two assets in its Anchor Portfolio that are among the region's mixed-use, transit-oriented developments. It has a managed portfolio that includes around 10 million square feet of stabilized, under construction, and planned assets that are located at key Metro stations. Its developments include mixed-use and transit-oriented projects in the mid-Atlantic region, as well as multiple large-scale public-private partnership developments. It provides a suite of asset management, property management, and other real estate-related services. |
Financial Overview |
For the fiscal year ended 31 December 2023, Comstock Holding Companies Inc revenues increased 14% to $44.7M. Net income applicable to common stockholders excluding extraordinary items decreased 20% to $7.8M. Revenues reflect an increase in demand for the Company's products and services due to favorable market conditions. Net income was offset by Gain (loss) on real estate ventures decrease from $121K (income) to $1.2M (expense), Selling. |
Employees: | 172 as of Dec 31, 2023 |
Reporting Currency: | U.S. Dollars |
Enterprise value: | $47.89M as of Dec 31, 2023 |
Annual revenue (TTM): | $44.72M as of Dec 31, 2023 |
EBITDA (TTM): | $9.38M as of Dec 31, 2023 |
Net annual income (TTM): | $7.78M as of Dec 31, 2023 |
Free cash flow (TTM): | $8.76M as of Dec 31, 2023 |
Net Debt Last Fiscal Year: | N/A |
Shares outstanding: | 9,806,160 as of Feb 29, 2024 |
TTM: Trailing Twelve Months EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization |