Income Opportunity Realty Investors, Inc. reports Earnings for Quarter Ended June 30, 2025
About Income Opportunity Realty Investors, Inc.
Income Opportunity Realty Investors, Inc., a
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
|
|||||||||||||||
|
2025 |
|
|
2024 |
|
|
2025 |
|
|
2024 |
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Revenues: | ||||||||||||||||
Other Income | $ |
- |
|
$ |
- |
|
$ |
- |
|
$ |
- |
|
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Expenses: | ||||||||||||||||
General and administrative |
|
74 |
|
|
93 |
|
|
142 |
|
|
159 |
|
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Advisory fee to related party |
|
23 |
|
|
21 |
|
|
50 |
|
|
50 |
|
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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 |
|
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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 |
|
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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 |
|
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
investor.relations@incomeopp-invest.com
Source: Income Opportunity Realty Investors, Inc.