Hubilu Venture Corp reported first-quarter 2026 results with revenue rising to $593738 and a net loss that narrowed versus the year-ago quarter; diluted loss per share was $(0.01) for the period — 10-Q Summary.
Financial Highlights
- Revenue was $593,738 for Q1 2026, up from $383,512 in the year-ago quarter; YoY change 55.0%.
- Net income was a loss of $(172,177) for Q1 2026, improved from a loss of $(322,560) in Q1 2025 (loss narrowed by $150,383).
- Diluted EPS was $(0.01) for Q1 2026, unchanged from $(0.01) in Q1 2025 (anti-dilutive securities excluded).
Business Highlights
- Revenue growth: Rental revenue rose 55% year-over-year to $593,738 for Q1 2026, driven by reduced vacancies and higher rents.
- Channel shift: Continued focus on student, non-profit and corporate tenants near USC and metro stations helped improve occupancy.
- Scale and efficiency: The portfolio expanded to 35 properties, enabling economies of scale and property management efficiencies.
- Renovation and asset turnover: Lower repairs and targeted remodels supported higher occupancy and rental pricing.
Original SEC Filing:
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