Income Opportunity Realty Investors, Inc. 8-K
Exhibit 99.1
| NEWS RELEASE | Contact: | |
| Income Opportunity Realty Investors, Inc. Investor Relations | ||
| FOR IMMEDIATE RELEASE | Erik Johnson (469) 522-4200 investor.relations@incomeopp-invest.com |
Income Opportunity Realty Investors, Inc.
reports Earnings for Quarter Ended September 30, 2025
DALLAS (November 6, 2025) -- Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended September 30, 2025. For the three months ended September 30, 2025, we reported net income attributable to common shares of $1.0 million or $0.25 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 September 30, | Nine Months Ended September 30, | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Revenues: | ||||||||||||||||
| Other income | $ | — | $ | — | $ | — | $ | — | ||||||||
| Expenses: | ||||||||||||||||
| General and administrative | 63 | 71 | 205 | 230 | ||||||||||||
| Advisory fee to related party | 27 | 26 | 77 | 76 | ||||||||||||
| Total operating expenses | 90 | 97 | 282 | 306 | ||||||||||||
| Net operating loss | (90 | ) | (97 | ) | (282 | ) | (306 | ) | ||||||||
| Interest income from related parties | 1,395 | 1,614 | 4,097 | 4,785 | ||||||||||||
| Income tax provision | (274 | ) | (319 | ) | (801 | ) | (941 | ) | ||||||||
| Net income | $ | 1,031 | $ | 1,198 | $ | 3,014 | $ | 3,538 | ||||||||
| Earnings per share | ||||||||||||||||
| Basic and diluted | $ | 0.25 | $ | 0.29 | $ | 0.74 | $ | 0.87 | ||||||||
| Weighted average common shares used in computing earnings per share | ||||||||||||||||
| Basic and diluted | 4,066,178 | 4,070,327 | 4,066,178 | 4,085,134 | ||||||||||||