Thu, May 8, 5:09 PM (3 days ago)
**Income Opportunity Realty Investors, Inc. (IOR, NYSE American) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** No revenue reported, as the company's primary income source is interest from related party receivables. - **Profit Margins:** Net income decreased to $989,000 from $1,178,000 in Q1 2024, reflecting a decline in interest income. - **Cash Flow:** Net cash provided by operating activities was $147,000, down from $552,000 in Q1 2024. Cash and cash equivalents increased to $156,000. - **Earnings Changes:** Earnings per share (EPS) decreased to $0.24 from $0.29 in Q1 2024. **Trends & Uncertainties:** - **Interest Income:** Decline in interest income from related party receivables impacted net income. - **Liquidity:** Management anticipates sufficient cash to meet current requirements, but excess cash from property operations may not cover all obligations. - **Related Party Transactions:** Significant transactions with related parties, including notes receivable and advisory fees, may not always be favorable. **Future Operations & Impact:** - **Growth & Expansion:** Risks associated with managing growth, integrating acquisitions, and economic downturns. - **Dependence on Key Personnel:** Reliance on Pillar Income Asset Management, Inc. for management and advisory services. - **Market Risks:** Vulnerability to interest rate changes, securities market volatility, and economic conditions. **Stock Repurchase Program:** No shares were repurchased in Q1 2025, with 513,003 shares remaining available for repurchase. **Controls & Procedures:** Management concluded that disclosure controls and procedures were effective as of March 31, 2025.