undamentalytics Newsletter

Comstock vs Metalla Royalty & Streaming

Metalla Royalty & Streaming is the larger business, with $11.7m of revenue in fiscal 2025 against $1.6m for Comstock (7.6 times as much). Metalla Royalty & Streaming grew faster (99.6% against -48.5%). Metalla Royalty & Streaming kept more of each dollar of sales as profit: a net margin of -36.1% against -2772.3%. Comstock carries less debt relative to equity (0.0% against 4.8%).

Latest fiscal yearComstockLODE, 2025Metalla Royalty & StreamingMTA, 2025
Revenue $1.6m $11.7m
Revenue growth -48.5% 99.6%
Net income −$43.1m −$4.2m
Operating margin -2455.2% -0.5%
Net margin -2772.3% -36.1%
Return on equity -51.5% -1.7%
Free cash flow −$24.4m —
Cash $17.0m $9.8m
Total debt $0 $12.2m
Debt to equity 0.0% 4.8%
Dividend per share — —
Dividend yield — —
Share buybacks — —
Employees 35 —
Market value $104m $666m
Price vs our value range — —
Moat score 18 (Weak) —
Insider trades, 12 months 15 buys, 0 sales 0 buys, 0 sales

Each figure is from the company's latest annual report and links to the page it comes from. Fiscal years can end on different dates. Market value and the value verdict use the delayed price shown on the stock pages. Not a recommendation.

Go deeper

Figures from each company's latest annual report filed with the SEC (10-K or 20-F), as reported, with the fiscal year shown. Not investment advice. How we read filings: methodology.