Portsmouth Square Inc. reported results for the fiscal year ended June 30, 2025. Hotel revenue increased to $46.363 million from $41.886 million in the previous year, representing a 10.7% rise. The company reported a net loss of $9.11 million for FY2025, compared to a net loss of $11.375 million in FY2024. Interest expense was $14.25 million for the year, up from $11.776 million in the prior period. The company stated that the substantial doubt about its ability to continue as a going concern has been alleviated following a hotel refinancing completed on March 28, 2025.
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