InterGroup Corporation Announces Fiscal Year 2025 Results: Increased Segment Income in Hotel and Real Estate, Enhanced Liquidity; Company Meets Nasdaq Listing Requirements Again | Intellectia.AI
InterGroup Corporation Announces Fiscal Year 2025 Results: Increased Segment Income in Hotel and Real Estate, Enhanced Liquidity; Company Meets Nasdaq Listing Requirements Again
Written by Emily J. Thompson, Senior Investment Analyst
Financial Performance: The InterGroup Corporation reported a net loss of $7.5 million for FY2025, a significant improvement from a $12.6 million loss in FY2024, with consolidated EBITDA increasing by 131.7% year-over-year to $13.2 million.
Segment Highlights: The Hotel Operations segment saw a 51.9% increase in income to $8.7 million, while the Real Estate Operations segment income rose by 31.9% to $8.5 million, reflecting strong occupancy rates and improved operational fundamentals.
Liquidity and Compliance: The company improved its liquidity with cash and equivalents rising to $15.2 million, and successfully alleviated going-concern uncertainty at its subsidiary Portsmouth Square, Inc., regaining compliance with Nasdaq listing requirements.
Operational Insights: The Hilton San Francisco Financial District benefited from a comprehensive renovation completed in June 2024, leading to full room availability and higher occupancy rates, while the investment segment faced challenges amid market volatility.
The InterGroup Corporation is a diversified operating company with operations in multi-family and commercial real estate and an interest in the hospitality industry through its investment in the Hilton San Francisco Financial District. Its segments include Hotel Operations, Real Estate Operations and Investment Transactions. The Company, through its subsidiary, Portsmouth Square, Inc., owns about 558-room hotel property known as the Hilton San Francisco Financial District and related facilities, including a five-level underground parking garage. It owns and manages its real estate business. Its properties include about 16 apartment complexes, one commercial real estate property, and three single-family houses as strategic investments. Its properties are located throughout the United States but are concentrated in Texas and Southern California. It also has an investment in unimproved real property in Hawaii. It invests in income-producing instruments, equity and debt securities.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
