Transcontinental Realty Investors(US:TCI)2026-03-12 17:59Financial Performance - Net income attributable to the Company increased to $8.3 million or $0.97 per diluted share for Q4 2025, compared to $0.1 million or $0.01 per diluted share for Q4 2024 [1]. - Basic and diluted earnings per share for the twelve months ended December 31, 2025, was $1.60, up from $0.68 in the previous year [9]. Revenue and Occupancy - Total revenues rose by $0.3 million from $11.8 million in Q4 2024 to $12.1 million in Q4 2025, driven by a $0.6 million increase in commercial property revenue [3]. - Total stabilized occupancy was reported at 81% as of December 31, 2025, with multifamily properties at 93% and commercial properties at 59% [6]. Operating Expenses - Net operating loss increased to $3.5 million in Q4 2025, up from $1.7 million in Q4 2024, primarily due to a $2.1 million rise in operating expenses [4]. - Property operating expenses increased to $7.8 million in Q4 2025 from $6.8 million in Q4 2024 [9]. - The company reported a total operating expense of $15.5 million in Q4 2025, compared to $13.5 million in Q4 2024 [9]. - The tax provision increased to $2.1 million in Q4 2025 from $0.1 million in Q4 2024 [9]. Asset Sales and Income - The gain on sale of assets increased by $12.7 million, attributed to the sale of Villas at Bon Secour for $28.0 million in October 2025 [5]. - Interest income decreased to $3.8 million in Q4 2025 from $4.6 million in Q4 2024 [9].