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 year | ComstockLODE, 2025 | Metalla 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 |