DALLAS, August 07, 2025--(BUSINESS WIRE)--Income Opportunity Realty Investors, Inc. (NYSE American: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. | ||||||||||||||||
CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||||||
(Dollars in thousands, except per share amounts) | ||||||||||||||||
(Unaudited) | ||||||||||||||||
Three Months Ended | Six Months Ended | |||||||||||||||
2025 | 2024 | 2025 | 2024 | |||||||||||||
Revenues: | ||||||||||||||||
Other Income | $ | - | $ | - | $ | - | $ | - | ||||||||
Expenses: | ||||||||||||||||
General and administrative | 74 | 93 | 142 | 159 | ||||||||||||
Advisory fee to related party | 23 | 21 | 50 | 50 | ||||||||||||
Total operating expenses | 97 | 114 | 192 | 209 | ||||||||||||
Net operating loss | (97 | ) | (114 | ) | (192 | ) | (209 | ) | ||||||||
Interest income from related parties | 1,355 | 1,585 | 2,702 | 3,171 | ||||||||||||
Income tax provision | (264 | ) | (309 | ) | (527 | ) | (622 | ) | ||||||||
Net income | 994 | 1,162 | 1,983 | 2,340 | ||||||||||||
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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Contacts
Income Opportunity Realty Investors, Inc.
Investor Relations
Erik Johnson (469) 522-4200
investor.relations@incomeopp-invest.com