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 $0.28 per share for the same period in 2024. Our decrease in net income is attributable to a decrease in interest income.
About Income Opportunity Realty Investors, Inc.
Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships. For more information, visit the Company’s website at www.incomeopp-realty.com.
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INCOME OPPORTUNITY REALTY INVESTORS, INC.
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CONSOLIDATED STATEMENTS OF OPERATIONS
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(Dollars in thousands, except per share amounts)
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(Unaudited)
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Three Months Ended
June 30,
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Six Months Ended
June 30,
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2025
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2024
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2025
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2024
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| Revenues: |
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| Other Income |
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$
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-
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$
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-
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$
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-
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$
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-
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| Expenses: |
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| General and administrative |
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74
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|
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93
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142
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159
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| Advisory fee to related party |
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23
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|
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21
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|
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50
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|
|
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50
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| Total operating expenses |
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97
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114
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|
|
192
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|
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209
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| Net operating loss |
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(97
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)
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|
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(114
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)
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|
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(192
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)
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(209
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)
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| Interest income from related parties |
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1,355
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1,585
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2,702
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3,171
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| Income tax provision |
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(264
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)
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|
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(309
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)
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(527
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)
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(622
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)
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| Net income |
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994
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1,162
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1,983
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2,340
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| Earnings per share |
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| Basic and diluted |
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$
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0.24
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$
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0.28
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$
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0.49
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$
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0.57
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| Weighted average common shares used in computing earnings per share |
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| Basic and diluted |
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4,066,178
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4,107,131
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4,066,178
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4,092,618
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