Comstock Holding Companies, Inc. (CHCI) [Rocket]

In millions, except per share items	Dec-31-21	Dec-31-20	Dec-31-19	Dec-31-18	Dec-31-17	Dec-31-16	Dec-31-15	Dec-31-14
	10-K	10-K	10-K	10-K	10-K	10-K	10-K	10-K
Revenues:
Real Estate Services			5.7	3.0
Other			19.6	13.4
Total revenues [+]	31.1	22.5	25.3	16.4	45.4	41.6	61.4	48.0
Homebuilding						40.7	60.1	47.4
Other real estate						0.9	1.2	0.6
Other income								0.2
Revenue growth [+]	38.3%	-11.2%	53.9%	-63.8%	9.3%	-32.3%	28.0%	-12.2%
Real Estate Services			88.5%
Cost of goods sold [+]	24.6	18.4	21.2	15.3	0.3	38.9	52.4	38.7
Other cost of sales						0.4	0.6	0.4
Homebuilding costs						38.2	51.6	38.1
Gross profit	6.4	4.0	4.1	1.1	45.2	2.7	9.0	9.3
Gross margin	20.7%	18.0%	16.4%	6.8%	99.4%	6.5%	14.6%	19.4%
Selling, general and administrative [+]	1.3	1.3	1.9	0.8	6.8	7.2	9.5	9.7
Sales and marketing			0.4		1.5	1.6	2.1	2.1
General and administrative			1.5	0.8	5.3	5.6	7.4	7.6
Other operating expenses	-1.6	0.1			42.7	2.4	3.1	-0.1
EBITDA [+]	6.9	2.8	2.5	0.5	-4.1	-6.7	-3.4	-0.2
EBITDA growth	149.1%	10.5%	421.3%	-111.7%	-38.7%	97.0%	1774.0%	-105.7%
EBITDA margin	22.1%	12.2%	9.8%	2.9%	-9.0%	-16.1%	-5.5%	-0.4%
Depreciation	0.1	0.1	0.2	0.1	0.2	0.2	0.2	0.1
EBITA	6.8	2.7	2.3	0.4	-4.3	-6.9	-3.6	-0.3
EBITA margin	21.8%	11.8%	9.3%	2.2%	-9.4%	-16.5%	-5.8%	-0.6%
Amortization of intangibles			0.1	0.1
EBIT [+]	6.8	2.7	2.3	0.3	-4.3	-6.9	-3.6	-0.3
EBIT growth	154.9%	16.7%	676.5%	-106.8%	-37.6%	93.0%	1165.5%	-109.1%
EBIT margin	21.8%	11.8%	9.0%	1.8%	-9.4%	-16.5%	-5.8%	-0.6%
Non-recurring items [+]	1.7				0.5			2.7
Asset impairment	1.7				0.5			2.7
Interest expense	0.2	0.3	0.5	0.1
Interest expense	0.2	0.3	0.5	0.1		0.9	0.5
Other income (expense), net [+]	0.0	-0.1	0.2	0.1	0.1	1.0	1.4	0.2
Other	0.0	0.0	0.2	0.1	0.1	0.2	0.9	0.2
Pre-tax income	4.8	2.2	2.0	0.3	-4.7	-6.7	-2.7	-2.7
Income taxes	-11.2	0.0	0.0	-1.1	0.0	0.1	-0.7	0.4
Tax rate		1.2%					27.2%
Minority interest					0.2	2.2	2.6	3.7
Earnings from continuing ops	16.0	2.1	1.7	6.7	-4.1	-9.3	-4.6	-6.8
Earnings from discontinued ops			-0.3	-5.3
Net income	16.0	2.1	1.5	1.4	-4.1	-9.3	-4.6	-6.8
Net margin	51.6%	9.5%	5.8%	8.6%	-9.0%	-22.5%	-7.4%	-14.3%

Basic EPS [+]	$1.95	$0.27	$0.26	$1.82	($1.21)	($2.81)	($1.43)	($2.27)
Growth	634.8%	2.1%	-85.7%	-249.6%	-56.8%	97.0%	-37.1%	2213.2%
Diluted EPS [+]	$1.76	$0.25	$0.25	$1.75	($1.21)	($2.81)	($1.43)	($2.27)
Growth	603.3%	-1.0%	-85.5%	-244.2%	-56.8%	97.0%	-37.1%	2213.2%

Shares outstanding (basic) [+]	8.2	8.1	6.6	3.7	3.4	3.3	3.2	3.0
Growth	1.9%	21.7%	78.6%	9.9%	1.5%	3.8%	6.2%	-85.4%
Shares outstanding (diluted) [+]	9.1	8.5	6.8	3.8	3.4	3.3	3.2	3.0
Growth	6.5%	25.6%	76.9%	14.0%	1.5%	3.8%	6.2%	-85.4%

EBIT is a non-GAAP figure that excludes all non-recurring expenses: restructuring costs, asset impairments, IPR&D writeoffs, and other unusual charges.