earnings
confidence high
sentiment negative
materiality 0.55
Income Opportunity Realty Q2 net income falls to $819k from $1.27M YoY
INCOME OPPORTUNITY REALTY INVESTORS INC /TX/
2022-Q2 EPS reported
$0.52
- Net income $819k ($0.20 diluted EPS) vs $1.265M ($0.30) in Q2 2020, down 35%.
- Total other income $1.393M, down from $2.032M due to $162k other income vs $742k prior-year tax increment reimbursement.
- Interest income from related parties $1.231M, slightly below $1.29M a year ago; no operating revenue.
- G&A expenses $100k ($128k in 2020); advisory fee $201k ($191k); net income fee $55k ($112k).