Growth & profitability
- Revenue has grown 10.4% per year over the past 5 years.
Financial health
- The company holds more cash ($17M) than total debt ($0).
- Operating income covered interest expense -19.8× in the latest year.
LODE Financials Comstock Inc.
15 years of revenue, profit, cash flow and balance-sheet history through FY2025, from SEC filings — with a computed, factual read of the trend. Updated Overview →
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key annual figures
| FY | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| 2025 | $2M | -$43M | -69.1% | -2455.2% | — | $0 | $17M |
| 2024 | $3M | -$53M | 85.0% | -1315.1% | — | $8M | $954271 |
| 2023 | $1M | $11M | 100.0% | -989.0% | -$15M | $10M | $4M |
| 2022 | — | -$47M | — | — | -$13M | $8M | $3M |
| 2021 | — | -$25M | — | — | -$8M | $4M | $6M |
| 2020 | — | $15M | — | — | -$4M | $4M | $2M |
| 2019 | — | -$4M | — | — | -$5M | $5M | $1M |
| 2018 | $150289 | -$9M | 0.0% | -4924.1% | -$6M | $9M | $488657 |
| 2017 | $104329 | -$11M | 0.0% | -8509.6% | -$8M | $10M | $2M |
| 2016 | $5M | -$13M | 0.0% | -201.4% | -$6M | $9M | $184359 |
| 2015 | $18M | -$10M | 0.0% | -67.2% | -$10M | — | $2M |
| 2014 | $26M | -$10M | 0.0% | -34.0% | — | — | $5M |
| 2013 | $25M | -$21M | 0.0% | -84.3% | — | — | $2M |
| 2012 | $5M | -$31M | 0.0% | -590.0% | — | $14M | $6M |
| 2011 | $473386 | -$12M | 0.0% | -3285.8% | — | $1M | $7M |
RevenueNet income
GrossOperatingNet
Free cash flow
CashTotal debt
OperatingInvestingFinancing
Key quarterly figures
| Quarter | Revenue | Net income | Gross M | Op M | FCF | Total debt | Cash |
|---|---|---|---|---|---|---|---|
| Mar '26 | $313456 | -$9M | -91.4% | -2853.0% | — | — | $53M |
| Dec '25 | $374356 | -$13M | -60.7% | -3533.6% | — | $0 | $17M |
| Sep '25 | $54079 | -$13M | -499.9% | -18889.3% | — | $0 | $32M |
| Jun '25 | $339546 | -$8M | -139.7% | -2258.0% | — | $10M | $19M |
| Mar '25 | $785815 | -$9M | -12.9% | -895.7% | — | $14M | $17M |
| Dec '24 | $2M | -$23M | 71.7% | -990.6% | — | $8M | $954271 |
| Sep '24 | $556383 | -$15M | 100.0% | -2447.0% | — | $11M | $1M |
| Jun '24 | $434824 | -$9M | 100.0% | -1279.4% | — | $10M | $114304 |
| Mar '24 | $425951 | -$7M | 100.0% | -1091.6% | -$4M | $11M | $466976 |
| Dec '23 | $447653 | $8M | 0.0% | -954.0% | -$3M | $10M | $4M |
| Sep '23 | $760721 | $12M | 0.0% | 351.7% | -$5M | $6M | $3M |
| Jun '23 | $35325 | -$5M | 0.0% | -16791.8% | -$3M | $6M | $2M |
| Mar '23 | — | -$6M | — | — | -$5M | $7M | $8M |
| Dec '22 | — | -$21M | — | — | -$556595 | $8M | $3M |
| Sep '22 | — | -$5M | — | — | -$4M | $4M | $1M |
| Jun '22 | — | -$14M | — | — | -$4M | $5M | $4M |
| Mar '22 | — | -$7M | — | — | -$5M | $5M | $2M |
| Dec '21 | — | -$17M | — | — | -$3M | $4M | $6M |
| Sep '21 | — | -$9M | — | — | -$2M | $0 | $3M |
| Jun '21 | — | -$6M | — | — | -$1M | $0 | $5M |
Valuation over time
How the market has priced LODE against its own fundamentals since 2023-03 — each month-end's share price set against the most recent annual filing, so the multiple moves as price runs ahead of (or behind) earnings. Split-adjusted.
- The price-to-earnings ratio has fallen from 3.4× (Jan '24) to 2.7× (Nov '24).
- The price-to-sales ratio has risen from 28.0× (Jan '24) to 194.7× (Jun '26).
P/E
P/S
Frequently asked questions
Is LODE growing its revenue and profit?
Over the past 5 years, Comstock Inc.'s revenue has grown 10.4% per year. These are computed facts, not advice.
How much debt does LODE have?
As of FY2025, Comstock Inc. reported $0 of total debt against $17M of cash; operating income covered interest expense -19.8×.
What is LODE's profit margin?
In FY2025, gross margin was -69.1%, operating margin -2455.2%, and net margin -2778.2%.
What is LODE's P/E ratio?
As of Jun '26, Comstock Inc. traded at a price-to-earnings ratio of about 2.7× (market cap ÷ latest annual net income). The valuation charts above show how its P/E, P/S have moved with the share price. These are computed facts, not advice.
Where does this data come from?
All figures are extracted from the company’s SEC EDGAR/XBRL filings — 10-K annual reports and 10-Q quarterly reports (use the Annual / Quarterly toggle). Quarterly figures are derived from the as-filed statements (year-to-date amounts are differenced into discrete quarters). Growth rates and ratios are computed by tradmap; nothing here is investment advice.
Source: SEC EDGAR / XBRL (10-K + 10-Q filings) · prices EOD (Databento), corporate-action-adjusted · growth rates, valuation multiples & ratios computed by tradmap. Valuation uses each month-end price against the latest annual filing. Informational only — not investment advice.