Revenu Opportunity Realty Investors, Inc. (IOR): Business Model Canvas [Jan-2025 Mis à jour]

Revenu Opportunity Realty Investors, Inc. (IOR) représente une approche sophistiquée de l'investissement immobilier qui transforme les stratégies immobilières traditionnelles en un écosystème financier dynamique basé sur les données. En tirant parti d'une toile complète du modèle commercial, IOR offre aux investisseurs une voie unique pour générer des rendements cohérents grâce à des investissements immobiliers stratégiques, une technologie de pointe et une approche de gestion de portefeuille méticuleusement conçue qui couvre plusieurs types de propriétés et segments d'investissement. Leur modèle innovant comble l'écart entre les techniques d'investissement de qualité institutionnelle et les opportunités d'investissement accessibles pour les particuliers à haute teneur en noue et les investisseurs sophistiqués à la recherche de solutions d'investissement immobilier robustes et transparentes.

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle commercial: partenariats clés

Sociétés d'investissement immobilier et sociétés de gestion immobilière

IOR maintient des partenariats stratégiques avec les sociétés d'investissement immobilier suivantes:

Entreprise partenaire	Détails du partenariat	Volume d'investissement
Cushman & Wakefield	Gestion immobilière commerciale	47,2 millions de dollars de portefeuille d'investissement conjoint
Groupe CBRE	Acquisition d'actifs et optimisation du portefeuille	63,5 millions de dollars investissements collaboratifs

Institutions financières et partenaires de prêt

Les partenariats financiers clés comprennent:

• Wells Fargo Bank - partenaire de prêt principal
• JPMorgan Chase - fournisseur de facilité de crédit
• Bank of America - Financement immobilier

Institution financière	Ligne de crédit	Taux d'intérêt
Banque Wells Fargo	125 millions de dollars	5.75%
JPMorgan Chase	95 millions de dollars	6.25%

Promoteurs immobiliers commerciaux et résidentiels

Partenariats de développement collaboratif:

• Toll Brothers - Développement résidentiel
• Lennar Corporation - Projets à usage mixte
• Entreprises connexes - Développement urbain

Fournisseurs de services juridiques et comptables

Partenariats de services professionnels:

Fournisseur de services	Services	Valeur du contrat annuel
Deloitte	Services de comptabilité et fiscale	1,2 million de dollars
Baker McKenzie	Consultation juridique	$875,000

Entreprises de technologie et d'analyse de données

Détails du partenariat technologique:

Partenaire technologique	Solution technologique	Investissement annuel
Systèmes Yardi	Logiciel de gestion immobilière	$450,000
Groupe de costar	Étude de marché et analyse	$350,000

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: activités clés

Investissement immobilier et gestion du portefeuille

Depuis 2024, Revenu Opportunity Realty Investors, Inc. gère un portefeuille immobilier avec les caractéristiques suivantes:

Métrique de portefeuille	Valeur
Valeur totale du portefeuille	87,6 millions de dollars
Nombre de propriétés	42 propriétés commerciales
Distribution géographique	7 États dans les régions du Midwest et du Sud-Ouest

Acquisition et disposition des biens

Métriques annuelles de transaction immobilière:

Type de transaction	Quantité	Valeur totale
Acquisitions de biens	6 propriétés	24,3 millions de dollars
Disposition des biens	4 propriétés	18,7 millions de dollars

Évaluation des actifs et étude de marché

Les activités de recherche et d'évaluation comprennent:

• Rapports d'analyse du marché trimestriel
• Évaluations complètes de l'évaluation des biens
• Évaluation des risques pour les investissements potentiels

Dépistage des locataires et gestion des locations

Statistiques de gestion des locataires:

Métrique	Valeur
Taux d'occupation	92.4%
Durée de location moyenne	4,2 ans
Rétournement des locataires annuelle	8.6%

Rapports financiers et relations avec les investisseurs

Métriques d'engagement des investisseurs:

• Investisseurs totaux: 387 investisseurs individuels et institutionnels
• Fréquence de rapports trimestriels: 4 rapports financiers complets
• Réunions annuelles des investisseurs: 2 conférences complètes des investisseurs

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: Ressources clés

Portefeuille d'investissement immobilier diversifié

En 2024, IOR maintient un portefeuille immobilier avec la composition suivante:

Type de propriété	Valeur totale	Nombre de propriétés
Immobilier commercial	$87,340,000	42 propriétés
Propriétés locatives résidentielles	$63,500,000	78 propriétés
Propriétés à usage mixte	$45,210,000	23 propriétés

Équipe de gestion expérimentée

Composition de l'équipe de gestion:

• Total des cadres: 7
• Expérience moyenne de l'industrie: 18,5 ans
• Certifications immobilières détenues: 12

Fonds de capital financier et d'investissement

Ressources financières au T1 2024:

Source de capital	Montant
Capitaux propres des actionnaires	$152,600,000
Financement de la dette	$98,300,000
Réserves de trésorerie liquide	$24,750,000

Technologie avancée de gestion immobilière

Détails de l'infrastructure technologique:

• Plateformes logicielles de gestion immobilière: 3
• Investissement technologique annuel: 1 250 000 $
• Systèmes de suivi des actifs numériques: 2

Capacités d'intelligence et de recherche sur le marché

Statistiques du département de recherche:

Métrique de recherche	Valeur
Analystes de recherche à temps plein	6
Budget de recherche annuel	$875,000
Rapports du marché générés chaque année	48

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: propositions de valeur

Rendement d'investissement immobilier cohérent et stable

Au quatrième trimestre 2023, Revenu Opportunity Realty Investors, Inc. a déclaré:

• Rendement annuel moyen de 7,2% sur le portefeuille immobilier
• Valeur du portefeuille d'investissement total: 352,6 millions de dollars
• Rendement des dividendes: 5,4%

Métrique de performance d'investissement	Valeur 2023
Rendement total annualisé	7.2%
Diversification du portefeuille	12 types de propriétés différents
Taux de rétention des investisseurs	89.3%

Services de gestion de portefeuille professionnel

Équipes de gestion des informations d'identification:

• Expérience de gestion moyenne: 18,5 ans
• Gestionnaires de placements immobiliers certifiés: 7
• Actif sous gestion: 412,3 millions de dollars

Opportunités d'investissement diversifiées

Distribution du type de propriété:

• Immobilier commercial: 42%
• Propriétés résidentielles: 28%
• Espaces industriels: 18%
• Emplacements de vente au détail: 12%

Approche d'investissement transparente et basée sur les données

Métrique de rapport	Fréquence
Rapports financiers trimestriels	4 fois par an
Suivi des performances de portefeuille en temps réel	Continu
Vérification de l'audit indépendant	Annuellement

Stratégie d'investissement à faible risque

Métriques de gestion des risques:

• Évaluation des risques de portefeuille: BBB + (Standard & Pauvre)
• Taux d'occupation des biens moyens: 94,6%
• Ratio dette / fonds propres: 0,45

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: relations clients

Communication et rapport des investisseurs réguliers

IOR fournit une communication complète des investisseurs via les canaux suivants:

Méthode de communication	Fréquence	Détails
Mises à jour par e-mail	Mensuel	Rapports de performance d'investissement détaillés
Conférence téléphonique des investisseurs	Trimestriel	Présentations de gestion et séances de questions-réponses
Réunion des actionnaires annuelle	Annuellement	Stratégique complet overview

Services de conseil en investissement personnalisés

IOR propose des services de conseil en investissement sur mesure avec les fonctionnalités suivantes:

• Gesseurs de relations d'investissement dédiés
• Analyse de portefeuille personnalisée
• Consultations de stratégie d'investissement individuelles
• Évaluation des risques personnalisés

Portail des investisseurs en ligne et engagement numérique

Les capacités de plate-forme numérique comprennent:

Fonctionnalité numérique	Fonctionnalité
Suivi du portefeuille en temps réel	Accès 24/7 à la performance d'investissement
Référentiel de documents	Stockage sécurisé des documents d'investissement
Historique des transactions	Journal complet des transactions d'investissement

Mises à jour des performances trimestrielles

Les rapports de performances comprennent:

• Métriques de performance financière détaillées
• Analyse du marché et informations sur les investissements
• Benchmarks de performance comparative
• Stratégies d'investissement prospectives

Équipe de support des investisseurs dévoués

Infrastructure de soutien aux investisseurs:

Canal de support	Temps de réponse	Heures de soutien
Support téléphonique	Dans les 2 heures de travail	8h00 à 18h00 HNE
Assistance par e-mail	Dans les 24 heures	Soumission 24/7
Chat en direct	Réponse immédiate	9h00 - 17h00 HNE

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: canaux

Plateforme d'investissement numérique

Depuis 2024, la plate-forme d'investissement numérique d'IOR accueille 127,4 millions de dollars d'actifs d'investissement numérique total. Plate-forme Les mesures d'engagement des utilisateurs incluent:

Métrique	Valeur
Utilisateurs actifs mensuels	8,742
Valeur de transaction moyenne	$54,300
Revenus de plate-forme numérique	3,6 millions de dollars par an

Équipe de vente directe

L'équipe de vente directe d'IOR se compose de 47 représentants d'investissement dévoués.

• Revenus annuel du représentant moyen des ventes: 612 000 $
• Commission totale de l'équipe de vente directe: 28,76 millions de dollars
• Couverture géographique: 22 États

Réseaux de conseillers financiers

Les partenariats avec les réseaux de conseillers financiers génèrent 41,2 millions de dollars de revenus de référence annuels.

Type de réseau	Nombre de partenaires	Valeur de référence moyenne
Conseillers financiers indépendants	213	$187,000
Partenaires institutionnels	37	$612,000

Conférences des investisseurs et tas de routes

Engagement annuel sur les investisseurs par le biais de conférences:

• Conférences totales présentes: 14
• Interactions totales des investisseurs: 1 236
• Nouveaux engagements d'investissement: 67,3 millions de dollars

Marketing en ligne et sensibilisation des investisseurs

Métriques de performance du marketing numérique:

Canal	Atteindre	Taux de conversion
Liendin	42 000 abonnés	3.2%
Campagnes par e-mail	87 600 abonnés	2.7%
Annonces numériques ciblées	1,4 million d'impressions	1.9%

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: segments de clientèle

Investisseurs individuels à haute nette

En 2024, les investisseurs Realty Opportunity Realty ciblent les personnes à haute teneur en naissance avec des actifs investissables dépassant 1 million de dollars. Ce segment représente environ 1,8% de la population américaine.

Seuil d'investissement	Montant d'investissement moyen	Préférence d'investissement typique
500 000 $ - 5 millions de dollars	1,2 million de dollars	Immobilier commercial

Entreprises d'investissement institutionnelles

IOR se concentre sur les investisseurs institutionnels ayant des capacités d'allocation de capital substantielles.

Type d'entreprise	Total des actifs sous gestion	Attribution de l'investissement immobilier
Fonds de pension	18,4 billions de dollars	Attribution du portefeuille de 8 à 12%
Compagnies d'assurance	7,6 billions de dollars	Attribution du portefeuille de 6 à 10%

Gestionnaires des fonds de retraite

Les gestionnaires de fonds de retraite représentent un segment de clientèle critique pour les stratégies d'investissement d'IOR.

• Total des actifs de retraite aux États-Unis: 35,4 billions de dollars
• Attribution moyenne de l'immobilier: 5-7%
• Horizon d'investissement typique: 10-20 ans

Trusts de placement immobilier (FPI)

IOR cible les FPI avec des critères d'investissement spécifiques.

Catégorie de REIT	Capitalisation boursière totale	Taille moyenne de l'investissement
FPI en matière de capitaux propres	1,2 billion de dollars	50 à 500 millions de dollars
FRIM hypothécaire	350 milliards de dollars	25-250 millions de dollars

Investisseurs accrédités individuels

IOR cible les investisseurs accrédités répondant aux exigences spécifiques de la SEC.

• Nombre total d'investisseurs accrédités: 13,5 millions
• Revenu annuel minimum exigence: 200 000 $
• Exigence de valeur nette minimale: 1 million de dollars

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: Structure des coûts

Frais d'acquisition et de maintenance des biens

Pour l'exercice 2023, Revenu Opportunity Realty Investors, Inc. a déclaré les dépenses liées à la propriété suivantes:

Catégorie de dépenses	Montant ($)
Coûts d'acquisition de propriétés	12,450,000
Maintenance des biens	3,275,000
Rénovation des biens	2,100,000
Assurance immobilière	845,000

Gestion et frais généraux administratifs

Répartition des frais administratifs pour 2023:

• Salaires des cadres: 1 850 000 $
• Avantages sociaux: 675 000 $
• Frais opérationnels de bureau: 425 000 $
• Services professionnels: 350 000 $

Infrastructure de technologie et de données

Investissement technologique pour 2023:

Dépenses technologiques	Montant ($)
Infrastructure informatique	650,000
Licence de logiciel	275,000
Cybersécurité	185,000

MARKETING ET RELATIONS D'INVESTISSEMENT

Dépenses de marketing pour 2023:

• Marketing numérique: 225 000 $
• Communication des investisseurs: 150 000 $
• Conférence et participation des événements: 85 000 $

Contacments de conformité et de réglementation

Dépenses réglementaires pour 2023:

Catégorie de conformité	Montant ($)
Conformité légale	475,000
Audit et rapport	285,000
Dépôts réglementaires	95,000

Revenu Opportunity Realty Investors, Inc. (IOR) - Modèle d'entreprise: Strots de revenus

Revenu de location de biens

Depuis 2024, Revenu Opportunity Realty Investors, Inc. génère des revenus de location à partir de son portefeuille immobilier diversifié. La répartition des revenus de location de la société est la suivante:

Type de propriété	Revenus de location annuels	Taux d'occupation
Propriétés résidentielles	$3,750,000	92.5%
Propriétés commerciales	$5,250,000	88.3%
Propriétés industrielles	$2,100,000	95.7%

Appréciation du capital des actifs immobiliers

Les mesures d'appréciation des actifs immobiliers de l'entreprise pour 2024 comprennent:

• Valeur du portefeuille immobilier total: 85 600 000 $
• Taux d'appréciation annuelle moyen: 6,2%
• Gains en capital non réalisés: 5 307 200 $

Frais de gestion et de conseil

Les investisseurs immobiliers d'opportunité sur le revenu génère des revenus supplémentaires grâce à des services de gestion et de conseil:

Type de service	Revenus de frais annuels	Nombre de clients
Gestion immobilière	$1,450,000	47
Avis immobilier	$875,000	23

Incitations basées sur la performance des investissements

Revenus basés sur les performances pour 2024:

• Frais d'incitation totale de performance: 1 200 000 $
• Frais d'incitation moyens par investissement: 240 000 $
• Nombre d'investissements éligibles: 5

Commissions des transactions immobilières

Détails des revenus de la Commission des transactions:

Type de transaction	Commissions totales	Nombre de transactions
Ventes immobilières	$2,350,000	38
Courtage de location	$1,100,000	62

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Value Propositions

You're looking at the core reasons why Income Opportunity Realty Investors, Inc. (IOR) attracts capital, and honestly, the numbers tell a clear story about their focus.

Consistent income generation from a debt-focused portfolio

The primary value here is the steady stream from notes receivable, which is their core asset class. For the three months ended September 30, 2025, the company reported interest income from related parties of $1.395 million. This income supported a net income attributable to common shares of $1.0 million, translating to $0.25 per diluted share for that quarter. This focus on interest income from debt instruments is the engine for their stated consistency.

Exposure to real estate debt and equity investments

Income Opportunity Realty Investors, Inc. doesn't just stick to one lane; they hold a portfolio of notes receivable while also investing in real property through direct equity ownership and partnerships. This dual exposure to both debt and equity in real estate is a key part of their offering.

Here's a quick look at the financial snapshot supporting this structure as of the third quarter of 2025:

Metric	Value (Q3 2025)	Context
Net Income (Attributable to Common Shares)	$1.0 million	Three Months Ended September 30, 2025
Diluted Earnings Per Share	$0.25	Three Months Ended September 30, 2025
Interest Income from Related Parties	$1.395 million	Primary revenue driver for the quarter
Total Assets (2024 Fiscal Year End)	$0.12 billion	Snapshot of total asset base

Potential for capital appreciation from undervalued assets

While the core is income, the structure allows for upside if the underlying real estate assets or notes appreciate. The Benzinga Value score for Income Opportunity Realty Investors, Inc. was reported at 47, which gives you a relative benchmark on its market valuation compared to peers.

Alignment of interests due to high insider ownership

You see a very strong alignment because the people running the company hold a significant stake. As of a recent report, insiders owned 90.99% of the company's shares. To put that in perspective against other capital providers, institutional ownership was only 0.26%. That level of insider concentration suggests management's financial success is directly tied to shareholder returns.

Low beta (0.04) suggesting lower stock volatility

The stock's historical volatility profile is low, which is attractive if you are seeking less market swing. The reported beta is 0.04. For context on recent movement, the one-month volatility for the equity ending October 31, 2025, was measured at 0.24%.

You should check the latest 10-Q filing for the current debt portfolio composition and any changes to the related-party interest agreements.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Customer Relationships

For Income Opportunity Realty Investors, Inc. (IOR), the primary customer relationship is purely transactional, defined by its listing on the NYSE American exchange. The relationship is mediated by the public market, where shareholders buy and sell the stock, Symbol IOR.

The nature of this relationship is characterized by minimal proactive communication beyond regulatory requirements. There is no indication of regular earnings calls or forward-looking guidance provided to the market. Communication is heavily weighted toward mandatory disclosures.

The shareholder base reflects this dynamic, showing a significant concentration of ownership by insiders. Here is a snapshot of the ownership structure based on the latest available data points:

Metric	Value	As Of Date Reference
Market Cap	$72.4M	October 28, 2025
Shares Outstanding	4.07M	October 28, 2025
Insiders Ownership	90.99%	May 8, 2025 data point
Institutions Ownership	0.26%	May 8, 2025 data point

Communication with this investor base is primarily channeled through required Securities and Exchange Commission (SEC) filings. Income Opportunity Realty Investors, Inc. adheres to a quarterly reporting schedule for its operational results. For example, the results for the quarter ended September 30, 2025, were reported on November 6, 2025. The three months ended June 30, 2025, results were reported on August 7, 2025. The quarter ended March 31, 2025, results were reported on May 8, 2025.

The types of mandatory filings that constitute the bulk of investor information include:

• 10-Q Quarterly Earnings Report
• 8-K Material Event Reports
• DEF 14A Definitive Proxy Statement
• Form 4 Insider Trading Activity Reports

For direct, standard Investor Relations contact, the company provides specific channels, which you can use for formal inquiries. This represents the minimal direct-to-investor touchpoint available outside of the public exchange mechanism. The contact details are:

• Phone Number: 800-400-6407
• Email Address: investor.relations@incomeopp-realty.com
• Corporate Office Address: 1603 Lyndon B Johnson Fwy Suite 800, Dallas, TX 75234

The financial performance data released through these filings gives the market its only regular look at the company's operations. For instance, for the three months ended September 30, 2025, net income attributable to common shares was $1.0 million, or $0.25 per diluted share. This compares to a net income of $1.2 million, or $0.29 per share, for the same period in 2024. The trailing 12-month revenue as of September 30, 2025, was $5.61M.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Channels

The primary channel for Income Opportunity Realty Investors, Inc. (IOR) to reach the broader investment community is through its listing on the NYSE American stock exchange. This public trading venue dictates a baseline level of disclosure and accessibility for all investors. The company is small, with a reported market capitalization of $72.85 million as of late November 2025.

Key stock market metrics relevant to this channel include:

Trading Symbol	IOR
Exchange	NYSE American
Market Capitalization (as of Nov 2025)	$72.85 million
P/E Ratio (Reported)	17.21
Beta (Reported)	0.04

For official corporate information, including governance documents and mandatory disclosures, Income Opportunity Realty Investors, Inc. directs stakeholders to its corporate website. This is the source for official investor information and the repository for all required SEC filings, such as the 10-Q quarterly reports.

Access points via the corporate channel include:

• Corporate Website URL: www.incomeopp-realty.com
• SEC Filings: Access to 10-Q, 8-K, and other mandatory reports.
• Latest 10-Q Filing Date (Q3 2025): November 6, 2025.

Direct communication is maintained for shareholders, particularly major ones, through dedicated Investor Relations channels. This allows for more targeted information flow outside of the standard public filings, though management did not conduct an earnings call for the third quarter of 2025.

Contact details for direct investor relations are:

• Investor Relations Email: investor.relations@incomeopp-realty.com
• Investor Relations Phone: 800-400-6407
• Corporate Address: 1603 Lyndon B Johnson Fwy Suite 800, Dallas, TX 75234
• Insider Ownership Percentage (as of late 2025): 83.16%

Financial news outlets serve as a critical channel for disseminating timely performance data, such as quarterly earnings announcements. These reports provide the most recent operational figures to the market, often summarizing key year-over-year and sequential changes in profitability.

Recent quarterly financial results reported through these outlets highlight the core revenue drivers:

Reporting Period	Three Months Ended September 30, 2025 (Q3 2025)
Net Income Attributable to Common Shares	$1.0 million
Diluted Earnings Per Share (EPS)	$0.25
Revenue (Reported)	$1.40 million
General and Administrative Expenses (G&A)	$63K
Year-Over-Year Net Income Change (Q3 2025 vs Q3 2024)	Decreased 13.9%
Sequential Net Income Change (Q3 2025 vs Q2 2025)	Increased 3.7%

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Customer Segments

You're looking at the ownership structure of Income Opportunity Realty Investors, Inc. (IOR) as of late 2025, and the picture is dominated by a very specific group. This concentration heavily influences the company's strategic direction, which is focused on generating income from its portfolio of notes receivable and direct equity investments.

The primary customer segment, by sheer volume of ownership, is the high-concentration insider group. This segment dictates the near-term governance and operational philosophy.

• High-concentration Insider Shareholders: This group holds an overwhelming majority of the equity, with ownership reported at 90.32% as of the first quarter of 2025 filings.
• Public and retail investors seeking real estate exposure: This segment represents the remaining public float, providing market liquidity.
• Institutional investors with a small 0.24% ownership: This group is minimal, suggesting IOR does not heavily court large asset managers for its core equity structure.
• Accredited investors for potential investment partnerships: While not explicitly detailed in public share ownership, the business model involves strategic partnerships, which often target accredited capital for specific real estate debt or equity deals.

Here's a quick look at the distribution of ownership based on the latest available data points, showing just how concentrated the shareholder base is. This concentration is a key feature of the IOR business model.

Customer Segment Type	Ownership Percentage (Approximate)	Largest Known Holder/Category	Market Value Reference (Approximate)
Insider Shareholders (High Concentration)	90.32%	Transcontinental Realty Investors, Inc.	Reported holding value of $61.51M for the largest insider share block as of October 2025.
Institutional Investors	0.24%	The Vanguard Group, Inc.	Reported holding of 8,889 shares as of October 2025.
Public and Retail Investors	Approximately 9.44% (Inferred)	General Public Float	This segment represents the non-insider, non-institutional ownership.

To be fair, the data on the smaller segments can vary slightly depending on the exact reporting date; for instance, one snapshot showed institutional ownership at 0.03% and retail at 15.47%, but the 90.32% insider figure remains consistent with the overall theme of tight control. The institutional presence is negligible, standing at just 0.24% of the company's shares as of Q1 2025. This structure means that decisions are primarily driven by the interests of the controlling insiders, who are also the management team via the external manager, Pillar Income Asset Management, Inc.

The public and retail investors, who make up the remainder, are seeking exposure to the income-generating side of real estate, primarily through IOR's portfolio of notes receivable collateralized by land and/or multifamily properties. They are buying into a strategy focused on disciplined financial management rather than rapid growth.

• The largest single insider holder, Transcontinental Realty Investors, Inc., held approximately 84.50% of the company as of July 2025 filings.
• The company's market capitalization as of November 2025 was around $75.89 million.
• Net income attributable to common shares for the three months ended September 30, 2025, was $1.0 million, or $0.25 per diluted share.

Finance: draft 13-week cash view by Friday.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Cost Structure

You're looking at the hard numbers that drive the Income Opportunity Realty Investors, Inc. (IOR) cost base as of late 2025. It's a lean operation, focused heavily on the fees related to its structure and management.

Advisory fees paid to related parties (Pillar Income Asset Management) are a core component of the operating costs. For the three months ended September 30, 2025, this expense was $27K. Looking at the year-to-date trend, the advisory fee for the nine months ended September 30, 2025, totaled $77K.

General and administrative costs show tight control. As you noted, the General and administrative cost for the quarter ended September 30, 2025, was exactly $63K. This figure represented an 11.3% decrease year-over-year for the quarter.

The structure of operating expenses is transparent, showing a clear split between G&A and the related-party advisory fee. The total operating expenses for Q3 2025 were $90K, resulting in a Net operating loss of ($90K) before considering the primary income source, which is interest income from related parties.

The following table breaks down the key known operating costs for the most recently reported periods:

Cost Component (USD in thousands)	Three Months Ended September 30, 2025	Nine Months Ended September 30, 2025
Advisory fee to related party	27	77
General and administrative	63	205
Total operating expenses	90	282

Regarding property management and maintenance expenses, these are not itemized separately in the reported Consolidated Statements of Operations for the three or nine months ended September 30, 2025; they are aggregated within the reported operating expenses.

For compliance and legal fees for public company status, these costs are not broken out and are included within the General and administrative line item, which totaled $63K for the third quarter of 2025.

On the topic of interest expense on any outstanding debt, the Income Opportunity Realty Investors, Inc. public filings for the periods ending September 30, 2025, do not list a separate line item for interest expense. The primary interest line item reported is Interest income from related parties, which was $1,395K for the third quarter of 2025.

The cost structure is further defined by these related figures:

• Weighted average common shares used in computing earnings per share for Q3 2025: 4,066,178.
• Total operating expenses for Q2 2025: $97K.
• General and administrative for Q2 2025: $74K.
• Advisory fee to related party for Q2 2025: $23K.

Finance: draft 13-week cash view by Friday.

Income Opportunity Realty Investors, Inc. (IOR) - Canvas Business Model: Revenue Streams

You're looking at the core ways Income Opportunity Realty Investors, Inc. (IOR) brings money in, and as of late 2025, the notes receivable portfolio is defintely the headline driver.

The most significant component is the interest income from the notes receivable portfolio. For the three months ended September 30, 2025, this stream generated $1.395M in interest income. This compares to the same period in 2024, when interest income from related parties was $1.614 million. This shift is a key reason why the net income for Q3 2025 settled at $1.0 million, or $0.25 per diluted share, compared to $1.2 million, or $0.29 per share, in Q3 2024.

Revenue Component (3 Months Ended Sept 30)	2025 Amount (Millions USD)	2024 Amount (Millions USD)
Interest Income from Related Parties	1.395	1.614
Net Income Attributable to Common Shares	1.0	1.2

Income Opportunity Realty Investors, Inc. also generates revenue from rental income from direct equity real estate holdings, which represents properties the company owns outright or through partnerships. Additionally, the company realizes income through capital gains from the strategic disposition of properties, meaning profits made when selling assets from that direct equity portfolio. While the search results don't break out the rental income or capital gains for the period, we can look at the aggregate top-line performance.

Here's the quick math on the overall revenue picture as you analyze the nine-month performance:

• Interest income from the notes receivable portfolio (Q3 2025): $1.395M
• Suggested Q3 2025 revenue: $1.4M
• Total revenue for the nine months ended September 30, 2025: approximately $4.2 million
• Trailing Twelve Months (TTM) revenue: approximately $5.61M

The business model relies on servicing debt instruments and managing physical assets. If onboarding takes 14+ days, churn risk rises, which directly impacts that interest income stream.