EX-99.1 2 ex99-1.htm PRESS RELEASE

 

 

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