11/12/2026 | Press release | Distributed by Public on 11/12/2026 11:42
Income Opportunity Realty Investors, Inc. reports Earnings for Quarter Ended September 30, 2026
DALLAS (November 12, 2026) -- Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended September 30, 2026. For the three months ended September 30, 2026, we reported net income attributable to common shares of $0.9 million or $0.22 per diluted share compared to a net income of $1.0 million or $0.25 per share for the same period in 2025. The slight 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 September 30, |
Nine Months Ended September 30, |
|||||||||||||||
| 2026 | 2025 | 2026 | 2025 | |||||||||||||
| Revenues: | ||||||||||||||||
| Other income | $ | - | $ | - | $ | - | $ | - | ||||||||
| Expenses: | ||||||||||||||||
| General and administrative | 62 | 63 | 209 | 205 | ||||||||||||
| Advisory fee to related party | 25 | 27 | 72 | 77 | ||||||||||||
| Total operating expenses | 87 | 90 | 281 | 282 | ||||||||||||
| Net operating loss | (87 | ) | (90 | ) | (281 | ) | (282 | ) | ||||||||
| Interest income from related parties | 1,198 | 1,395 | 3,563 | 4,097 | ||||||||||||
| Income tax provision | (233 | ) | (274 | ) | (689 | ) | (801 | ) | ||||||||
| Net income | $ | 878 | $ | 1,031 | $ | 2,593 | $ | 3,014 | ||||||||
| Earnings per share | ||||||||||||||||
| Basic and diluted | $ | 0.22 | $ | 0.25 | $ | 0.64 | $ | 0.74 | ||||||||
| Weighted average common shares used in computing earnings per share | ||||||||||||||||
| Basic and diluted | 4,066,178 | 4,066,178 | 4,066,178 | 4,066,178 | ||||||||||||