AG真人官方

STOCK TITAN

Income Opportunity AG真人官方ty Investors, Inc. Reports Earnings for Quarter Ended December 31, 2024

Rhea-AI Impact
(Low)
Rhea-AI Sentiment
(Neutral)
Tags

DALLAS--(BUSINESS WIRE)-- Income Opportunity AG真人官方ty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended December 31, 2024. For the three months ended December 31, 2024, we reported net income attributable to common shares of $1.1 million or $0.27 per diluted share compared to a net income of $2.5 million or $0.60 per share for the same period in 2023. Our decrease in net income is attributable to a decrease in interest income, offset in part by an increase in advisory fees.

About Income Opportunity AG真人官方ty Investors, Inc.

Income Opportunity AG真人官方ty 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鈥檚 website at .

INCOME OPPORTUNITY REALTY INVESTORS, INC.
CONSOLIDATED STATEMENTS OF OPERATIONS
(Dollars in thousands, except per share amounts)
(Unaudited)
Three Months Ended December 31,

Twelve Months Ended December 31,

2024

2023

2024

2023

Revenues:

Other income

$

-

$

-

$

-

$

-

Expenses:

General and administrative

74

105

304

490

Advisory fee to related party

32

(75

)

108

970

Total operating expenses

106

30

412

1,460

Net operating loss

(106

)

(30

)

(412

)

(1,460

)

Interest income from related parties

1,514

2,910

6,299

10,070

Income tax provision

(295

)

(406

)

(1,236

)

(1,609

)

Net income

1,113

2,474

4,651

7,001

Earnings per share

Basic and diluted

$

0.27

$

0.60

$

1.14

$

1.68

Weighted average common shares used in computing earnings per share

Basic and diluted

4,070,327

4,145,016

4,080,369

4,162,516

Income Opportunity AG真人官方ty Investors, Inc.

Investor Relations

Erik Johnson (469) 522-4200

[email protected]

Source: Income Opportunity AG真人官方ty Investors, Inc.

Income Opport

NYSE:IOR

IOR Rankings

IOR Latest News

IOR Latest SEC Filings

IOR Stock Data

76.77M
366.47k
90.99%
0.32%
0.02%
Mortgage Finance
AG真人官方 Estate Investment Trusts
United States
DALLAS