American Realty Investors(US:ARL)2025-11-06 18:13Financial Performance - Net income attributable to common shares for Q3 2025 was $0.1 million, a significant improvement from a net loss of $17.5 million in Q3 2024[2] - Total revenue increased by $1.2 million, from $11.6 million in Q3 2024 to $12.8 million in Q3 2025, driven by a $0.3 million increase from multifamily properties and a $1.0 million increase from commercial properties[4] - Net operating loss decreased by $0.5 million, from $2.1 million in Q3 2024 to $1.6 million in Q3 2025, attributed to increased revenue offset by higher operating expenses[5] - Rental revenues for Q3 2025 were $11.9 million, compared to $11.1 million in Q3 2024, reflecting a year-over-year increase[11] - Gain on real estate transactions was $755,000 in Q3 2025, a recovery from a loss of $23.4 million in Q3 2024[11] - The company reported a basic and diluted earnings per share of $0.01 for Q3 2025, compared to a loss of $1.08 per share in Q3 2024[11] Operating Metrics - Total occupancy rate was 82% as of September 30, 2025, with multifamily properties at 94% and commercial properties at 58%[8] - Total operating expenses increased to $14.4 million in Q3 2025 from $13.7 million in Q3 2024, primarily due to higher property operating expenses and general administrative costs[11] Asset Management - The company sold Villas at Bon Secour, a 200-unit multifamily property, for $28,000, using proceeds to pay off an $18,767 loan and for general corporate purposes[8] Interest Income and Expense - Interest income decreased to $4.1 million in Q3 2025 from $5.5 million in Q3 2024, while interest expense decreased to $1.7 million from $2.1 million[11]