IOR reports Q3 2021 net income of $712K, EPS $0.17 vs $0.18 YoY

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/

2022-Q3 EPS reported $0.69

Net income was $712K ($0.17 diluted EPS) for Q3 2021, down from $761K ($0.18) in Q3 2020.
Revenue from operations remained zero; total other income was $1.248M in Q3 2021 vs $1.302M in Q3 2020.
General and administrative expenses decreased to $88K from $94K due to lower cost reimbursements to Advisor.
Nine-month net income was $2.883M ($0.69 EPS), essentially flat vs $2.867M ($0.69 EPS) in prior year.
Total assets increased to $107.35M from $104.47M at Dec 31, 2020, driven by higher receivables.

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