Income Opportunity Realty Investors, Inc. Reports Earnings for Quarter Ended December 31, 2024
Income Opportunity Realty Investors (NYSE American:IOR) has announced its financial results for Q4 2024. The company reported net income of $1.1 million, or $0.27 per diluted share, marking a significant decrease from the $2.5 million, or $0.60 per share, recorded in the same period of 2023. The decline in net income was primarily attributed to reduced interest income, partially offset by an increase in advisory fees.
Income Opportunity Realty Investors (NYSE American:IOR) ha annunciato i suoi risultati finanziari per il quarto trimestre del 2024. L'azienda ha riportato un utile netto di 1,1 milioni di dollari, ovvero 0,27 dollari per azione diluita, segnando una significativa diminuzione rispetto ai 2,5 milioni di dollari, o 0,60 dollari per azione, registrati nello stesso periodo del 2023. Il calo dell'utile netto è stato principalmente attribuito a una riduzione del reddito da interessi, parzialmente compensato da un aumento delle commissioni di consulenza.
Income Opportunity Realty Investors (NYSE American:IOR) ha anunciado sus resultados financieros para el cuarto trimestre de 2024. La compañía reportó un ingreso neto de 1,1 millones de dólares, o 0,27 dólares por acción diluida, lo que representa una disminución significativa respecto a los 2,5 millones de dólares, o 0,60 dólares por acción, registrados en el mismo período de 2023. La disminución en el ingreso neto se atribuyó principalmente a una reducción en los ingresos por intereses, compensada parcialmente por un aumento en las tarifas de asesoría.
Income Opportunity Realty Investors (NYSE American:IOR)는 2024년 4분기 재무 결과를 발표했습니다. 회사는 110만 달러의 순이익, 즉 희석 주당 0.27달러를 보고했으며, 이는 2023년 같은 기간에 기록된 250만 달러, 즉 주당 0.60달러에서 상당한 감소를 나타냅니다. 순이익 감소는 주로 이자 수익 감소에 기인하며, 부분적으로는 자문 수수료 증가로 상쇄되었습니다.
Income Opportunity Realty Investors (NYSE American:IOR) a annoncé ses résultats financiers pour le quatrième trimestre 2024. La société a déclaré un revenu net de 1,1 million de dollars, soit 0,27 dollar par action diluée, marquant une diminution significative par rapport aux 2,5 millions de dollars, ou 0,60 dollar par action, enregistrés au même période de 2023. La baisse du revenu net a été principalement attribuée à une réduction des revenus d'intérêts, partiellement compensée par une augmentation des honoraires de conseil.
Income Opportunity Realty Investors (NYSE American:IOR) hat seine finanziellen Ergebnisse für das vierte Quartal 2024 bekannt gegeben. Das Unternehmen berichtete von einem Nettoeinkommen von 1,1 Millionen Dollar, oder 0,27 Dollar pro verwässerter Aktie, was einen signifikanten Rückgang im Vergleich zu den 2,5 Millionen Dollar, oder 0,60 Dollar pro Aktie, darstellt, die im gleichen Zeitraum 2023 verzeichnet wurden. Der Rückgang des Nettoeinkommens wurde hauptsächlich auf einen Rückgang der Zinserträge zurückgeführt, der teilweise durch einen Anstieg der Beratungsgebühren ausgeglichen wurde.
- Advisory fees increased in Q4 2024
- Net income decreased 56% from $2.5M to $1.1M year-over-year
- Earnings per share declined from $0.60 to $0.27
- Interest income decreased
About Income Opportunity Realty Investors, Inc.
Income Opportunity Realty Investors, Inc., a
| 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 |
|
|||
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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.
FAQ
What was Income Opportunity Realty Investors (IOR) earnings per share in Q4 2024?
How much did IOR's net income decline in Q4 2024 compared to Q4 2023?
What factors caused IOR's earnings decline in Q4 2024?
What was IOR's earnings per share in Q4 2023?
