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aid press release – inquiries should be directed to the distributor.
InterGroup Corporation, Los Angeles, CA – 17 Nov 2025 (GLOBE NEWSWIRE)
InterGroup reports Q1 2026 financials (period ended 30 Sep 2025). Management believes the prior going‑concern concern at majority‑owned Portsmouth Square, Inc. was resolved by 30 Jun 2025 after its hotel refinancing, and no significant doubt exists for at least 12 months from the statement issuance.
**Key figures (vs. Q1 2025)**
- GAAP net loss (consolidated): $1.159 M; InterGroup‑attributable: $535 K (vs. $398 K).
- Non‑GAAP EBITDA: $4.526 M, down 9.7 % YoY from $5.013 M.
- Real‑estate operating income: $3.157 M, up 20.1 % YoY from $2.629 M.
- Total revenues: $5.495 M, up 8.0 % YoY from $5.086 M.
- Hotel KPIs: ADR $218 (+3.8 %), occupancy 95 % (‑1 pp), RevPAR $207 (+2.5 %).
- Marketable securities net gain: $136 K (vs. $129 K).
Cash position at 30 Sep 2025: $13.391 M (cash $5.054 M, restricted $8.337 M).
**Hotel segment detail**
- Rooms revenue: $10.428 M (+3.1 % YoY).
- Food & beverage: $912 K (+24.4 % YoY).
- Garage: $900 K (+2.9 % YoY).
- Other ops: $178 K (+74.5 % YoY).
- Total hotel revenue: $12.418 M (+5.1 % YoY).
Operating expenses (excl. D&A): $10.481 M (+19.2 % YoY).
Non‑GAAP OIBDA: $1.937 M (‑36 % YoY).
Mortgage interest: $2.493 M (‑11.7 % YoY).
Related‑party interest: $872 K (+5.8 % YoY).
Depreciation & amortization: $874 K (‑3.2 % YoY).
Net loss from hotel ops: $2.302 M (‑51.2 % YoY).
*Note: OIBDA is a non‑GAAP metric; GAAP operating income equals OIBDA minus D&A.*
**Real‑estate operations**
Revenues: $5.495 M (+8 % YoY).
Operating income: $3.157 M (+20.1 % YoY).
**Marketable securities / investing**
Net gain of roughly $0.1 M, reflecting a focus on liquidity and disciplined risk management.
