IOR - Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended March 31, 2025
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 |
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Income Opportunity Realty Investors, Inc.
Investor Relations
Erik Johnson (469) 522-4200
investor.relations@incomeopp-invest.com