DALLAS--(BUSINESS WIRE)--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.
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| 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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Income Opportunity Realty Investors, Inc.
Investor Relations
Erik Johnson (469) 522-4200
investor.relations@incomeopp-invest.com
Source: Income Opportunity Realty Investors, Inc.