Income Opportunity Realty Investors, Inc. 8-K

Exhibit 99.1

NEWS RELEASE

Contact:

Income Opportunity Realty Investors, Inc. Investor Relations

FOR IMMEDIATE RELEASE

Erik Johnson (469) 522-4200

investor.relations@incomeopp-invest.com

Income Opportunity Realty Investors, Inc.
reports Earnings for Quarter Ended September 30, 2025

DALLAS (November 6, 2025) -- Income Opportunity Realty Investors, Inc. (NYSE American:IOR) is reporting its results of operations for the quarter ended September 30, 2025. For the three months ended September 30, 2025, we reported net income attributable to common shares of $1.0 million or $0.25 per diluted share compared to a net income of $1.2 million or $0.29 per share for the same period in 2024. Our decrease in net income is attributable to a decrease in interest income.

About Income Opportunity Realty Investors, Inc.

Income Opportunity Realty Investors, Inc., a Dallas-based real estate investment company, currently holds a portfolio of notes receivable. The Company invests in real estate through direct equity ownership and partnerships. For more information, visit the Company's website at www.incomeopp-realty.com.

INCOME OPPORTUNITY REALTY INVESTORS, INC.

CONSOLIDATED STATEMENTS OF OPERATIONS

(Dollars in thousands, except per share amounts)

(Unaudited)

	Three Months Ended September 30,						Nine Months Ended September 30,
	2025			2024			2025			2024
Revenues:
Other income	$	—		$	—		$	—		$	—
Expenses:
General and administrative		63			71			205			230
Advisory fee to related party		27			26			77			76
Total operating expenses		90			97			282			306
Net operating loss		(90	)		(97	)		(282	)		(306	)
Interest income from related parties		1,395			1,614			4,097			4,785
Income tax provision		(274	)		(319	)		(801	)		(941	)
Net income	$	1,031		$	1,198		$	3,014		$	3,538

Earnings per share
Basic and diluted	$	0.25		$	0.29		$	0.74		$	0.87
Weighted average common shares used in computing earnings per share
Basic and diluted		4,066,178			4,070,327			4,066,178			4,085,134

INCOME OPPORTUNITY REALTY INVESTORS INC /TX/ 8-K