Comstock Inc (A:LODE)

Sector:  Basic Materials Industry:  Integrated Mining
 
See Regulatory Filings on SEC
Company Contact
Address: 117 American Flat Road
VIRGINIA CITY NV 89440
Tel: N/A
Website: https://comstock.inc
IR: See website
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Key People
Corrado F. De Gasperis
Executive Chairman of the Board, Chief Executive Officer, Acting Chief Financial Officer
Kevin E. Kreisler
President, Chief Technology Officer
David J. Winsness
President - Comstock Fuels Corporation
William J. Mccarthy
Chief Operating Officer
Matthew Bieberly
Principal Accounting Officer
Rahul Bobbili
Chief Engineering Officer
Business Overview
Comstock Inc. commercializes technologies that enable systemic decarbonization and accelerate the energy transition by converting under-utilized natural resources into renewable energy products, and by leveraging physics based artificial intelligence for mineral and materials discovery. The Company's segments include Fuels, Metals, Mining, Strategic Investments and Corporate Services. The Fuels segment develops and commercializes technologies that extract and convert wasted and unused lignocellulosic biomass into intermediates for refining into advanced renewable fuels. The Metals segment includes its photovoltaic recycling facility. The Mining segment owns or controls twelve square miles of properties of patented mining claims, unpatented mining claims and surface parcels in northern Nevada, including six and a half miles of continuous mineralized strike length and has a measured and indicated mineral resources containing around 605,000 ounces of gold and 5,880,000 ounces of silver.
Financial Overview
For the fiscal year ended 31 December 2023, Comstock Inc revenues increased from $178K to $1.3M. Net income totaled $9.2M vs. loss of $45.9M. Revenues reflect Mining segment increase from $147K to $1M. Basic Earnings per Share excluding Extraordinary Items increased from -$0.62 to $0.09.
Employees: 36 as of Dec 31, 2023
Reporting Currency: U.S. Dollars
Enterprise value: $23.55M as of Dec 31, 2023
Annual revenue (TTM): $1.27M as of Dec 31, 2023
EBITDA (TTM): -$17.37M as of Dec 31, 2023
Net annual income (TTM): $9.16M as of Dec 31, 2023
Free cash flow (TTM): -$27.64M as of Dec 31, 2023
Net Debt Last Fiscal Year: N/A
Shares outstanding: 122,615,150 as of Apr 2, 2024
TTM: Trailing Twelve Months
EBITDA: Earnings Before Interest, Taxes, Depreciation, & Amortization

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