Thu, May 15, 6:22 PM (34 days ago)
**The Intergroup Corporation (INTG) Q1 2025 Financial Summary** **Financial Health & Performance:** - **Revenue:** Q1 2025 revenue increased by 13% YoY to $16.82 million, driven by a 13% increase in hotel revenue and an 11% increase in real estate revenue. - **Profit Margins:** Q1 2025 saw a net income of $750,000, a significant improvement from a net loss of $3.86 million in Q1 2024, primarily due to debt refinancing and increased room revenues. - **Cash Flow:** Q1 2025 net cash provided by operating activities was $1.73 million, a decrease from $1.78 million in Q1 2024. The company invested $2.24 million in capital expenditures. **Key Metrics & Trends:** - **Hotel Operations:** Q1 2025 hotel revenue increased by 13% YoY, with room revenues up by 15% and RevPAR up by 18%. Average daily rate increased by $9, and occupancy increased by 11%. - **Real Estate Operations:** Q1 2025 real estate revenue increased by 11% YoY, driven by decreased vacancy and improved rental rates. - **Marketable Securities:** Q1 2025 saw a net loss on marketable securities of $1.097 million, compared to a net loss of $811,000 in Q1 2024. **Uncertainties & Future Operations:** - **Debt & Liquidity:** The company successfully refinanced its senior mortgage and mezzanine loans in March 2025, improving near-term liquidity. However, it continues to face challenges due to high interest rates, reduced business travel demand, and elevated operating costs. - **Going Concern:** The company's ability to continue as a going concern is subject to substantial doubt due to its financial obligations and operating challenges. Management is actively pursuing strategic alternatives and operational adjustments. - **Stock Performance:** The company's stock faces potential delisting from Nasdaq due to failure to meet minimum market value requirements. This could lead to decreased liquidity and additional challenges in obtaining financing. **Ticker:** INTG **Market Cap:** $35.00 million (as of March 31, 2025) **Shares Outstanding:** 2,154,405 (as of May 15, 2025)