Income Opportunity Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025
Income Opportunity Realty Investors, Inc. (NYSE:IOR) is reporting its results of operations for the quarter ended June 30, 2025. For the three months ended June 30, 2025, we reported net income attributable to common shares of $1.0 million or $0.24 per diluted share compared to a net income of $1.2 million or $0.28 per share for the same period in 2024. Our decrease in net income is attributable to a decrease in interest income.
About Income Opportunity Realty Investors, Inc.
Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships. For more information, visit the Company's website at www.incomeopp-realty.com.
INCOME OPPORTUNITY REALTY INVESTORS, INC. |
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CONSOLIDATED STATEMENTS OF OPERATIONS |
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(Dollars in thousands, except per share amounts) |
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(Unaudited) |
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Three Months Ended
|
Six Months Ended
|
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|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
|
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| Revenues: | ||||||||||||||||
| Other Income | $ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
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| Expenses: | ||||||||||||||||
| General and administrative |
|
74 |
|
|
93 |
|
|
142 |
|
|
159 |
|
||||
| Advisory fee to related party |
|
23 |
|
|
21 |
|
|
50 |
|
|
50 |
|
||||
| Total operating expenses |
|
97 |
|
|
114 |
|
|
192 |
|
|
209 |
|
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| Net operating loss |
|
(97 |
) |
|
(114 |
) |
|
(192 |
) |
|
(209 |
) |
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| Interest income from related parties |
|
1,355 |
|
|
1,585 |
|
|
2,702 |
|
|
3,171 |
|
||||
| Income tax provision |
|
(264 |
) |
|
(309 |
) |
|
(527 |
) |
|
(622 |
) |
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| Net income |
|
994 |
|
|
1,162 |
|
|
1,983 |
|
|
2,340 |
|
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| Earnings per share | ||||||||||||||||
| Basic and diluted | $ |
0.24 |
|
$ |
0.28 |
|
$ |
0.49 |
|
$ |
0.57 |
|
||||
| Weighted average common shares used in computing earnings per share | ||||||||||||||||
| Basic and diluted |
|
4,066,178 |
|
|
4,107,131 |
|
|
4,066,178 |
|
|
4,092,618 |
|
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250807625373/en/
Income Opportunity Realty Investors, Inc.
Investor Relations
Erik Johnson (469) 522-4200
[email protected]