Saturday 17 October 2026 Export LODE’s income statement to Excel — free account

Comstock Inc.

LODE Basic Materials Other Precious Metals & Mining

Comstock Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 million, down 48.5% from fiscal 2024. In the quarter to June 2026, revenue fell 19.7%, EPS fell 25.9%, free cash flow fell 74.0% and total debt fell 50.8%, each against the same quarter a year earlier. Insiders bought in the last twelve months.

1.79 0.10 −5.29%

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Market cap: $143.6M
P/E: 0.0×
Fwd P/E: −10.9×
Dividend yield: —
F-score: 3/9
Altman Z: −2.37
Beneish M: n/a
Dividend safety: n/a

Overview Business Profile Financial Analysis Income Statement Balance Sheet Cash Flow Metrics & Ratios 10-Q 10-K

Insider Decisions trades per month

Total buys 4.29

Totals in millions of $.

	Dec 25			Mar 26			Jun 26			Sep 26
Buy	—	—	—	—	2	—	2	5	—	1	—	—
Sell	—	—	—	—	—	—	—	—	—	—	—	—

Insider Ownership 1.53%

Capital & Financial Ratios $m

Market Cap 143.63

Revenue 1.01

Net Income (61.10)

Free Cash Flow (37.21)

Net Debt (20.51)

Current Ratio 3.20

Debt/Equity 0.08

P/E ratio 0.00

Fwd P/E (10.90)

P/S ratio 133.72

P/B ratio 0.96

Past 5Y EPS Growth —

This Y EPS Growth 47.86%

Next Y EPS Growth 43.44%

Next Y revenue growth 303.78%

Next 5Y EPS Growth —

Green and red mark values outside typical ranges. How we judge →

Valuation vs history

EV/Sales, ten years

P/S against its own 10 years 72.83%

10-year low 10-year high

P/B against its own 10 years 38.59%

10-year low 10-year high

EV/Sales against its own 10 years 58.46%

10-year low 10-year high

Dividends

Payout Ratio —

Annual Dividend Rate —

Annual Dividend Yield —

Assets vs Liabilities $m

	2023	2024	2025	Q'26
Cash	23	1	17	31
Receivables	0	2	1	1
Inventory	—	—	—	—
Other	0	9	2	25
	23	13	21	58

	2023	2024	2025	Q'26
Payables	1	3	2	2
ST’ Debt	4	0	—	—
Other	6	—	0	7
	15	8	10	18

Compound Annual Growth %

	10y	5y	3y
Sales	(21.94%)	50.43%	105.82%
Cash Flow	0.00%	0.00%	0.00%
Earnings	0.00%	0.00%	0.00%
Book Value	19.45%	28.40%	25.31%

Revenue $m

	Mar	Sep	Dec	Year
’26	0	—	—	—
’25	1	0	0	2
’24	0	1	2	3
’23	0	1	0	1
’22	0	0	0	0
’21	0	0	0	1
’20	0	0	0	0

Fiscal quarters ending in the months shown.

Operating Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(6)	(10)	—	—	—
’25	(5)	(5)	(9)	(6)	(24)
’24	(4)	(2)	(4)	(4)	(14)
’23	(4)	(3)	(5)	(2)	(14)
’22	(4)	(4)	(4)	0	(12)
’21	(2)	(1)	(2)	(3)	(7)
’20	0	0	(2)	(1)	(4)

Fiscal quarters ending in the months shown.

Free Cash Flow $m

	Mar	Jun	Sep	Dec	Year
’26	(14)	(9)	—	—	—
’25	(5)	(5)	(8)	(7)	(25)
’24	(4)	(2)	(4)	(4)	(14)
’23	(5)	(15)	28	(24)	(16)
’22	(5)	(4)	(4)	(2)	(15)
’21	(2)	(1)	(2)	(3)	(8)
’20	0	0	(2)	(1)	(4)

Fiscal quarters ending in the months shown.

EPS $

	Mar	Jun	Sep	Dec	Year
’26	(0.14)	(0.34)	—	—	—
’25	(0.37)	(0.27)	(0.31)	(0.24)	(1.17)
’24	(0.60)	(0.60)	(0.80)	(1.22)	(3.21)
’23	(0.60)	(0.50)	1.10	0.80	0.90
’22	(0.90)	(2.00)	(0.70)	(2.60)	(6.20)
’21	2.20	(1.50)	(1.70)	(3.20)	(4.90)
’20	(0.10)	0.50	5.40	(0.86)	4.90

Fiscal quarters ending in the months shown.

Group	Line	2016	2017	2018	2019	2020	2021	2022	2023	2024	2025	2026e
Price, $
Price, $	Low	47.50	10.50	6.00	1.50	3.30	10.30	2.40	2.70	1.30	1.67	Analyst estimates 2026–2028 Powerpack
	High	155.00	77.50	24.50	14.00	21.20	98.50	21.20	9.90	10.10	8.10
People
People	Employees	12	12	12	10	9	32	33	36	46	45
	Revenue/emp, $m	0.42	0.01	0.01	0.02	0.02	0.03	0.01	0.04	0.07	0.03
Income, $m
Income, $m	Revenue	5	0	0	0	0	1	0	1	3	2
	Gross margin, %	7.53	(3,222.91)	(1,767.13)	(755.35)	74.27	68.44	100.00	100.00	85.01	(69.07)
	EBT	(13)	(11)	(9)	(4)	15	(30)	(47)	11	(53)	(43)
	EBT margin, %	(255.70)	(10,140.17)	(6,307.92)	(2,119.10)	7,403.07	(3,517.94)	(26,228.00)	825.98	(1,770.54)	(2,778.15)
	Net income	(13)	(11)	(9)	(4)	15	(25)	(47)	11	(53)	(43)
	Depreciation	6	5	3	2	1	0	17	4	4	5
Per share, $
Per share, $	Revenue	7.18	0.13	0.13	0.09	0.07	0.17	0.02	0.12	0.18	0.04
	Earnings	(17.50)	(13.00)	(8.00)	(2.00)	4.90	(4.90)	(6.20)	0.90	(3.21)	(1.17)
	Cash flow	(3.68)	(7.94)	(3.38)	(1.19)	(1.23)	(1.49)	(1.63)	(1.30)	(0.84)	(0.66)
	Capex	3.60	1.19	(1.37)	(1.25)	(0.01)	(0.02)	(0.42)	(0.19)	(0.01)	(0.02)
	Free cash flow	(0.08)	(6.75)	(4.74)	(2.44)	(1.24)	(1.50)	(2.05)	(1.49)	(0.85)	(0.68)
	Book value	20.41	14.43	7.87	12.07	10.41	18.44	7.57	7.45	3.60	3.02
	Shares, m	1	1	1	2	3	5	7	11	17	37
Valuation, ×
Valuation, ×	P/E	0.00	0.00	0.00	0.00	2.11	0.00	0.00	7.13	0.00	0.00
	P/S	9.06	161.51	51.58	47.64	157.40	75.44	121.17	47.02	44.07	88.83
	P/B	3.19	1.42	0.83	0.36	1.00	0.70	0.38	0.77	2.22	1.24
	EV/Sales	10.89	240.01	109.32	72.10	143.50	87.85	153.73	36.94	46.56	86.79
	EV/FCF	(975.41)	(4.08)	(2.90)	(2.73)	(7.63)	(10.00)	(1.80)	(3.01)	(9.78)	(5.38)
Cash, $m
Cash, $m	Operating cash flow	(3)	(7)	(4)	(2)	(4)	(7)	(12)	(14)	(14)	(24)
	Capex	3	1	(2)	(2)	0	0	(3)	(2)	0	(1)
	Free cash flow	0	(6)	(6)	(5)	(4)	(8)	(15)	(16)	(14)	(25)
Balance, $m
Balance, $m	Working capital	6	7	6	9	16	(10)	(1)	8	4	11
	Total debt	9	10	9	5	4	18	8	10	8	12
	Net debt	9	8	9	4	(3)	11	6	(13)	8	(5)
	Shareholders’ equity	14	12	9	23	32	93	56	78	60	111
Returns, %
Returns, %	ROA	(33.65)	(32.64)	(31.83)	(11.16)	36.11	(28.91)	(40.48)	8.87	(53.92)	(33.02)
	ROIC	(26.93)	(27.66)	(25.60)	(11.98)	(11.81)	(3.86)	(19.47)	(12.04)	(36.84)	(22.50)
	ROE	(78.16)	(80.48)	(89.23)	(23.15)	54.03	(39.41)	(61.54)	13.61	(77.25)	(50.48)

Negative figures in brackets.

All 10 years →

Fiscal years to Dec 2025 · latest quarter Jun 2026

Charts ten years each

Company	Market cap	P/E	Fwd P/E	Revenue growth (Q)	EPS growth (Q)	FCF growth (Q)	Gross margin (Q)	EBIT margin (Q)	Compare
SLSR Solaris Resources Inc.	$1.1B	— (loss-making)	—	—	n/m	−51.52% (below 0%: shrinking)	—	0.00%	Compare
MUX McEwen Inc.	$994.6M	11.9×	13.5×	+26.84% (above 0%: growing)	+166.67% (above 0%: growing)	+328.14% (above 0%: growing)	33.90%	13.01%	Compare
ASM Avino Silver	$881.5M	19.1×	15.6×	+22.85% (above 0%: growing)	+200.00% (above 0%: growing)	+106.43% (above 0%: growing)	48.42%	34.22%	Compare
MTA Metalla Royalty & Streaming Ltd.	$757.4M	— (loss-making)	79.7×	+93.84% (above 0%: growing)	n/m	+75.32% (above 0%: growing)	91.00%	44.37%	Compare
GORO Gold Resource Corporation	$526.7M	57.9×	— (loss-making)	+87.98% (above 0%: growing)	n/m	+55.36% (above 0%: growing)	29.51%	8.50%	Compare
ITRG Integra Resources Corp.	$488.9M	60.8×	—	+15.92% (above 0%: growing)	0.00%	+154.33% (above 0%: growing)	33.01%	20.06%	Compare
VOXR Vox Royalty Corp.	$346.1M	7.2×	12.3×	+122.56% (above 0%: growing)	n/m	+146.39% (above 0%: growing)	66.34%	123.61%	Compare
LODE Comstock Inc.	$143.6M	— (loss-making)	— (loss-making)	−19.65% (below 0%: shrinking)	n/m	−73.98% (below 0%: shrinking)	(328.48%)	(9,873.68%)
GRML Greenland Mines Ltd	$92.9M	— (loss-making)	—	—	n/m	−253.75% (below 0%: shrinking)	—	0.00%	Compare
Median of peers	$642.0M	19.1×	14.6×	+57.41%	+166.67%	+90.88%	41.16%	16.54%

All 15 Other Precious Metals & Mining stocks →

Comstock Inc. (LODE) key facts

Concern: Comstock Inc.’s revenue for fiscal 2025 (year ended December 2025) was $1.6 million, down 48.5% from fiscal 2024.
Comstock Inc. (LODE) is an Other Precious Metals & Mining company in the Basic Materials sector, listed on NYSE American.
As of October 16, 2026, LODE traded at $1.79, a market capitalization of $143.6 million.
Return on equity was −50.5% and debt-to-equity 0.08.
Its Piotroski F-score is 3 out of 9 and its Altman Z-score is −2.37 (distress zone) for fiscal 2025.

Source: company filings (standardised) and stockrow calculations.