Core Insights - Comstock Inc.'s subsidiary, Comstock Metals, has entered into a Master Services Agreement with RWE Clean Energy to provide sustainable solar panel recycling services [1][2][3] - The partnership aims for a zero-landfill solution for 100% of the recovered solar panel materials, emphasizing a commitment to sustainability and innovation [2][3] - Comstock Metals has already recycled over 4 million pounds of end-of-life solar materials for RWE, with expectations for increased demand in responsible recycling [3][4] Company Overview - Comstock Metals specializes in environmentally responsible recycling of solar panels and related renewable energy infrastructure, utilizing unique thermal delaminating processes [7] - Comstock Inc. focuses on innovating technologies for energy abundance, including the recycling of end-of-life electronics and natural resource conversion [8][9] Industry Context - RWE Clean Energy is the third largest renewable energy company in the U.S., with over 10 gigawatts of operating wind, solar, and battery projects [5] - The partnership between Comstock Metals and RWE reflects a growing trend in the renewable energy sector towards sustainable practices and responsible recycling [3][4]

Company Overview - Comstock Inc. (NYSE: LODE) focuses on innovating and commercializing technologies for energy abundance by efficiently extracting and converting under-utilized natural resources into renewable fuels and recovered electrification metals [3] - The company is also developing artificial intelligence technologies for advanced materials development and sustainable mining [3] Event Announcement - Corrado De Gasperis, Executive Chairman and CEO of Comstock, will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, at 8:00 AM Pacific Time [1] - The presentation will be accessible via a live webcast [1][2] Investor Engagement - Investors interested in attending the Planet MicroCap Showcase can register for 1x1 meetings with Comstock Inc. during the event [2]

Company Overview - Comstock Inc. (NYSE:LODE) focuses on innovating and commercializing technologies for energy abundance by efficiently extracting and converting under-utilized natural resources into renewable fuels and recovered electrification metals [3] - The company is also developing artificial intelligence technologies for advanced materials development and sustainable mining [3] Event Announcement - Corrado De Gasperis, Executive Chairman and CEO of Comstock, will present at the Planet MicroCap Showcase: VEGAS 2025 on April 23, 2025, at 8:00 AM Pacific Time [1] - The presentation will be accessible via a live webcast [1] Investor Engagement - For those unable to attend the live presentation, all company presentations will be available on the conference event platform [2] - Investors can register for the event and book one-on-one meetings with Comstock Inc. [2]

Core Insights - Comstock Holding Companies, Inc. (CHCI) shares have increased by 47.9% since the earnings report for Q4 2024, significantly outperforming the S&P 500's 1.9% growth during the same period [1] - The company reported a substantial rise in earnings per share to 99 cents, up from 18 cents year-over-year, with revenues increasing by 54% to $16.9 million [2] - Net income surged to $10.3 million, a significant increase from $1.9 million a year ago, driven by a 162% rise in operating income [2] Financial Performance - Comstock's managed portfolio expanded to 72 assets from 49 in the previous year, with ParkX Management contributing a 56% revenue increase for the quarter and 69% for the full year [3] - The company generated $7.8 million in operating cash flow during the quarter and ended the year with $28.8 million in cash, up from $18.8 million the previous year [3] - Leasing metrics showed strong performance, with stabilized commercial properties achieving a 93% lease rate and the residential portfolio at 96% leased [4] Management Commentary - The CEO emphasized a consistent financial performance since adopting an asset-light, debt-free model, with a compound annual growth rate of 25% in top-line revenues [5] - The company is well-positioned for future growth, supported by strong recurring fee-based revenue streams and a healthy balance sheet [5][6] Revenue Drivers - Year-over-year growth was primarily driven by increases in recurring fee-based property and parking management revenues, alongside supplemental asset management fee revenues [7] - Operating costs rose at a slower pace than revenues, with the cost of revenue increasing by 33% to $11.3 million and total operating expenses rising by 30% to $11.8 million [7] Non-Operating Factors - Interest income increased to $0.2 million from $0.1 million in the prior-year quarter, and a tax benefit of $5 million in Q4 significantly boosted net income [8] Full-Year Overview - For the full year 2024, revenues increased by 15% to $51.3 million, while net income surged by 87% to $14.6 million, with earnings per share improving to $1.41 from 77 cents in 2023 [9] Development Projects - Comstock is making progress on The Row at Reston Station, a major development project that includes luxury residential and commercial spaces, with pre-sales for the JW Marriott-branded condos exceeding expectations [10]

VIRGINIA CITY, Nev., March 25, 2025 (GLOBE NEWSWIRE) -- Comstock Inc. (NYSE:LODE) ("Comstock," "our" and the "Company"), today announced the timely completion of two successful settlements of prior outstanding strategic commitments. These commitments originated from prior acquisitions of foundational assets and intellectual property that have been instrumental in advancing Comstock's renewable fuels and metals businesses. Comstock has eliminated regular cash payments and reinforced its financial position to ...

Core Points - Comstock Inc. will hold its 2025 Annual Meeting of shareholders online on May 22, 2025, in a virtual-only format [1] - Shareholders as of the record date of March 25, 2025, can participate in the meeting, vote electronically, and submit questions [2] - Comstock Inc. focuses on innovating and commercializing technologies for energy abundance by efficiently extracting and converting under-utilized natural resources into renewable fuels and recovered metals [3] Company Overview - Comstock Inc. (NYSE:LODE) is engaged in the development of technologies that contribute to energy abundance, including converting waste and biomass into renewable fuels and recovering metals from end-of-life electronics [3] - The company is also utilizing artificial intelligence for advanced materials development and mineral discovery aimed at sustainable mining [3] Communication Strategy - Comstock Inc. employs its investor relations website and social media platforms, including X.com, LinkedIn, and YouTube, to disclose material non-public information and comply with disclosure obligations [4]

Financial Data and Key Metrics Changes - Company revenues grew in 2024 to $3 million from $1.3 million in 2023, with $401,000 of that increase related to operations of the solar panel recycling facility [40] - The company reported an overall net loss of $53 million or $3.21 per share for the full year, which included several nonrecurring one-time items [41][42] - Cash flows were robust, with net cash flows over a six-year period from one resource estimated at nearly a quarter of a billion dollars [33] Business Line Data and Key Metrics Changes - Comstock Fuels reported a net loss of $5.3 million, down from a $7.1 million loss in 2023, while Comstock Metals reported a net loss of $3 million, compared to a $1.9 million loss in 2023 [48] - Comstock Mining reported net income of $1.6 million, improving from a $500,000 loss in 2023, driven by increased lease revenue and a gain from the sale of mining assets [49] Market Data and Key Metrics Changes - The company secured customers throughout the Southwest region and beyond, including Florida, Pennsylvania, New Jersey, and Alberta, Canada [8] - The first commercial demonstration facility for Comstock Metals has been operating for nearly a year, with intake revenues slightly above expectations at over $500 per ton [67] Company Strategy and Development Direction - The company aims to maximize three shifts at its demonstration facility and secure project-level funding for scaling operations [75] - Comstock is focused on building a sustainable global biofuel system and plans to close on a series A funding round by Q2 2025 [77][80] - The company intends to invest $1 to $2 million in 2025 to upgrade and expand its existing Dayton consolidated resource [59] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in the potential for generative AI to drive innovation in material science, with direct applications to Comstock Fuels and Comstock Metals [42] - The company anticipates significant revenue growth in 2025, with expectations of billings growing to over $2.5 million for the full year [58] - Management highlighted the importance of strategic partnerships and project-level financing to support growth and reduce cash demands on Comstock [57] Other Important Information - The company completed a one-for-ten reverse stock split, with 24,238,453 shares outstanding [39] - A $152 million allocation of qualified private activity bonds from Oklahoma state treasurer was secured, which is a significant and rare allocation [20] Q&A Session Summary Question: How will the rapid growth plan for fuels be possible from a human capacity and capital perspective? - Management indicated that they have the feedstock capacity to meet the US mandate and are utilizing project-level financing to attract capital [106][110] Question: Is there any contingency regarding capital that Comstock needs to provide for each of these projects? - Management clarified that the international licenses would generate significant revenues from engineering fees and royalties without requiring upfront capital from Comstock [120][122] Question: Are there plans for growth opportunities abroad, such as in Australia? - Management confirmed that while the focus has been on the Southwest US, there is interest from multiple continents for international joint ventures due to the efficiency and scalability of their technology [134]

Comstock (LODE) Q4 2024 Earnings Call March 07, 2025 02:39 AM ET Company Participants Trevor Brucato - Managing DirectorCorrado De Gasperis - Director, Executive Chairman & CEOWilliam McCarthy - COO Trevor Brucato Welcome investors, analysts and other stakeholders to Comstock's twenty twenty four Annual Results and Business Update. This is Trevor Brucato with RB Milestone Group, Comstock's U. S.-based Investor Relations firm. Comstock is listed on the NYSE American under the symbol L O D E. And I'm pleased ...

Exhibit 99.1 NEWS RELEASE COMSTOCK ANNOUNCES FULL YEAR 2024 RESULTS VIRGINIA CITY, NEVADA, March 6, 2025 – Comstock Inc. (NYSE: LODE) ("Comstock," "our" and the "Company"), today announced its full year 2024 results, 2024 summary achievements, and our 2025 business outlook. "As of today, we achieved all of our previously published 2024 objectives for both our metals and fuels segments, including fully commissioning, operating and establishing market leadership in photovoltaic recycling, that is now rapidly ...

Core Insights - Comstock Inc. achieved all 2024 objectives for its metals and fuels segments, establishing market leadership in photovoltaic recycling and securing multiple commercial agreements for future revenue generation [2][4] - The company plans to spin off Comstock Fuels, resulting in two high-growth public companies focused on renewable metals and fuels [2][18] Comstock Metals - The metals segment's performance in 2024 is expected to be surpassed in 2025, with secured business in Q1 2025 projected to be five to six times the total revenue of 2024 [4][24] - The first commercial demonstration facility has been operating for nearly a year, with plans for industry-scale facilities anticipated to operate at 100,000 tons of annual capacity [23] Comstock Fuels - Comstock Fuels has developed advanced zero-landfill photovoltaic recycling technology, achieving 100% recovery of materials and expanding revenue-generating supply commitments [6][19] - The company aims to produce 200 million barrels (over 8 billion gallons) of fuel per year by 2035, utilizing waste and farmed crops [8][22] Financial and Strategic Developments - The company secured $152 million in Qualified Private Activity Bonds and $3 million in incentive awards from Oklahoma's Quick Action Closing Fund [12] - A one-for-ten reverse stock split was executed, increasing the authorized capital capacity to support growth plans [12][14] Market Outlook - Rising industrial silver demand and geopolitical concerns are expected to drive silver prices higher, positioning Comstock's mining assets for expansion and monetization [10][28] - The company anticipates significant growth in both fuels and metals sectors, with plans for multiple industry-scale facilities starting in Nevada and Oklahoma [11][29]