Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended March 31, 2025

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05/08/2025 - 05:30 PM

DALLAS--(BUSINESS WIRE)-- Income Opportunity Realty Investors, Inc. (NYSE American: IOR) is reporting its results of operations for the quarter ended March 31, 2025. For the three months ended March 31, 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 $0.29 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.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)
(Unaudited)
	Three Months Ended March 31,
	2025			2024

Revenues:
Other income	$	-		$	-
Expenses:
General and administrative		68			66
Advisory fee to related party		27			29
Total operating expenses		95			95
Net operating loss		(95	)		(95	)
Interest income from related parties		1,347			1,586
Income tax provision		(263	)		(313	)
Net income		989			1,178

Earnings per share
Basic and diluted	$	0.24		$	0.29
Weighted average common shares used in computing earnings per share
Basic and diluted		4,066,178			4,107,131