InterGroup swings to USD 1.52 million net income in Q4

Reuters
02/13
InterGroup swings to USD 1.52 million net income in Q4

The InterGroup Corporation reported net income of USD 1.52 million for the three months ended December 31, 2025, compared to a net loss in the same period of the previous year, reflecting a turnaround primarily driven by a USD 3.51 million gain on the sale of real estate and improved operating results. Income from operations for the quarter rose to USD 2.02 million. Other expenses, net, decreased significantly to USD 0.01 million, mainly due to a smaller net loss on marketable securities. The quarter also saw higher income tax expense and increased mortgage and trading interest expenses. For the six months ended December 31, 2025, the company posted net income of USD 0.98 million, compared to a net loss in the prior-year period. This improvement was mainly attributed to the gain on the sale of real estate and higher income from operations, which reached USD 4.75 million. Higher hotel operating expenses were noted due to the absence of a prior-year hotel management incentive fee waiver, partially offset by lower mortgage interest expense. As of December 31, 2025, The InterGroup Corporation held cash and cash equivalents of USD 6.58 million, restricted cash of USD 8.39 million, and marketable securities of USD 0.93 million. The company stated that its parent-level liquidity is primarily supported by cash flows from its multifamily and commercial real estate operations and available cash on hand.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. The Intergroup Corporation published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-006429), on February 12, 2026, and is solely responsible for the information contained therein.

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