Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended March 31, 2026. For the three months ended March 31, 2026, we reported net income attributable to common shares of $1.0 million or $0.25 per diluted share compared to a net income of $1.0 million or $0.24 per share for the same period in 2025. The slight increase 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, | |||||||
| 2026 |
|
| 2025 |
| ||
| Revenues: | |||||||
| Other income | $ | - |
| $ | - |
| |
| Expenses: | |||||||
| General and administrative |
| 73 |
|
| 68 |
| |
| Advisory fee to related party |
| 24 |
|
| 27 |
| |
| Total operating expenses |
| 97 |
|
| 95 |
| |
| Net operating loss |
| (97 | ) |
| (95 | ) | |
| Interest income from related parties |
| 1,376 |
|
| 1,347 |
| |
| Income tax provision |
| (269 | ) |
| (263 | ) | |
| Net income |
| 1,010 |
|
| 989 |
| |
| Earnings per share | |||||||
| Basic and diluted | $ | 0.25 |
| $ | 0.24 |
| |
| Weighted average common shares used in computing earnings per share | |||||||
| Basic and diluted |
| 4,066,178 |
|
| 4,066,178 |
| |
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