$INTG

INTERGROUP CORP

CIK:0000069422|SEC Filings

Consolidated Statements of Operations - USD ($)	12 Months Ended
Consolidated Statements of Operations - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Revenues:
Total revenues	$ 73,951,000	$ 64,378,000
Costs and operating expenses:
Hotel operating expenses	(43,273,000)	(37,631,000)
Real estate operating expenses	(9,301,000)	(9,550,000)
Depreciation and amortization expense	(6,793,000)	(6,624,000)
General and administrative expense	(2,718,000)	(2,930,000)
Total costs and operating expenses	(62,085,000)	(56,735,000)
Income from operations	11,866,000	7,643,000
Other (expense) income:
Interest expense – mortgages and mezzanine	(12,666,000)	(13,556,000)
Net realized gain (loss) on marketable securities	167,000	(329,000)
Net unrealized gain (loss) on marketable securities	786,000	(1,018,000)
Gain from insurance claims	124,000
Gain from sale of real estate	3,508,000
Gain on debt extinguishment		1,416,000
Dividend and interest income	30,000	161,000
Trading and margin interest expense	(1,196,000)	(1,316,000)
Net other expense	(9,247,000)	(14,642,000)
Income (loss) before income taxes	2,619,000	(6,999,000)
Income tax expense	(2,283,000)	(548,000)
Net income (loss)	336,000	(7,547,000)
Less: Net loss attributable to the noncontrolling interest	1,307,000	2,199,000
Net income (loss) attributable to InterGroup	$ 1,643,000	$ (5,348,000)
Net income (loss) per share
Basic	$ 0.16	$ (3.49)
Diluted	0.15
Net income (loss) per share attributable to InterGroup
Basic	0.77	(2.47)
Diluted	$ 0.71
Weighted average number of common shares outstanding	2,149,399	2,162,153
Weighted average number of diluted shares outstanding	2,312,594
Hotel [Member]
Revenues:
Total revenues	$ 55,797,000	$ 46,363,000
Costs and operating expenses:
Depreciation and amortization expense	(3,741,000)	(3,634,000)
Real Estate [Member]
Revenues:
Total revenues	$ 18,154,000	$ 18,015,000

Consolidated Statements of Cash Flows - USD ($)	12 Months Ended
Consolidated Statements of Cash Flows - USD ($)	Jun. 30, 2026	Jun. 30, 2025
Cash flows from operating activities:
Net income (loss)	$ 336,000	$ (7,547,000)
Adjustments to reconcile net income (loss) to net cash provided by operating activities:
Net unrealized (gain) loss on marketable securities	(786,000)	1,018,000
Deferred taxes	1,669,000	624,000
Gain on insurance recovery	(124,000)
Gain from sale of real estate	(3,508,000)
Gain on extinguishment of debt		(1,416,000)
Depreciation and amortization	6,793,000	6,624,000
Amortization of loan cost	1,152,000	1,239,000
Amortization of other notes payable	(566,000)	(409,000)
Stock compensation expense	44,000	105,000
Changes in assets and liabilities:
Investment in marketable securities	(2,639,000)	5,467,000
Other assets	287,000	1,018,000
Accounts payable and other liabilities	(236,000)	(973,000)
Accounts payable and other liabilities – Hotel	329,000	331,000
Due to securities broker	427,000
Obligations for securities sold	272,000	(188,000)
Net cash provided by operating activities	3,450,000	5,893,000
Cash flows from investing activities:
Capital expenditures for property and equipment - Hotel	(2,198,000)	(2,252,000)
Capital expenditures for property and equipment - real estate	(968,000)	(1,739,000)
Proceeds from sale of real estate, net	4,472,000
Investment in Portsmouth		(1,000)
Insurance proceeds for property damage claims	456,000	75,000
Net cash provided by (used in) investing activities	1,762,000	(3,917,000)
Cash flows from financing activities:
Issuance costs from Hotel refinance		(2,106,000)
Payments of mortgage	(1,201,000)	(81,575,000)
Payoff mortgage indebtedness	(1,834,000)
Proceeds from mortgage, mezzanine and other notes payable		88,600,000
Purchase of treasury stock	(73,000)	(394,000)
Net cash (used in) provided by financing activities	(3,108,000)	4,525,000
Net increase in cash, cash equivalents and restricted cash:	2,104,000	6,501,000
Cash, cash equivalents and restricted cash at the beginning of the year	15,195,000	8,694,000
Cash, cash equivalents and restricted cash at the end of the year	17,299,000	15,195,000
Supplemental information:
Federal income taxes paid	144,000	20,000
State income taxes paid	248,000	122,000
Interest paid	9,650,000	12,366,000
Cash and cash equivalents	6,356,000	5,084,000
Restricted cash	10,943,000	10,058,000
Cash included in assets held for sale		8,000
Restricted cash included in assets held for sale		45,000
Total cash, cash equivalents, and restricted cash	$ 17,299,000	$ 15,195,000

Consolidated Balance Sheets - USD ($)	Jun. 30, 2026	Jun. 30, 2025
ASSETS
Investment in Hotel, net	$ 37,977,000	$ 39,519,000
Investment in real estate, net	42,835,000	45,253,000
Investment in marketable securities	4,394,000	969,000
Cash and cash equivalents	6,356,000	5,084,000
Restricted cash	10,943,000	10,058,000
Other assets	2,113,000	2,189,000
Assets held for sale		1,029,000
Total assets	104,618,000	104,101,000
Liabilities:
Accounts payable and other liabilities	3,254,000	3,292,000
Accounts payable and other liabilities – Hotel	13,001,000	12,672,000
Due to securities broker	427,000
Obligations for securities sold	272,000
Other notes payable	1,413,000	1,979,000
Deferred tax liability	7,017,000	5,348,000
Mortgage and mezzanine notes payable - Hotel	102,535,000	101,519,000
Mortgage notes payable – real estate	90,696,000	93,595,000
Total liabilities	218,615,000	218,405,000
Commitments and contingencies - Note 17
Shareholders’ deficit:
Preferred stock, $.01 par value, 100,000 shares authorized; none issued
Common stock, $.01 par value, 4,000,000 shares authorized; 3,459,888 and 3,459,888 issued; 2,148,812 and 2,154,405 outstanding as of June 30, 2026 and 2025, respectively	38,000	38,000
Additional paid-in capital	3,658,000	3,614,000
Accumulated deficit	(66,337,000)	(67,980,000)
Treasury stock, at cost, 1,311,076 and 1,305,483 shares as of June 30, 2026 and 2025, respectively	(21,860,000)	(21,787,000)
Total InterGroup shareholders’ deficit	(84,501,000)	(86,115,000)
Non-controlling interest	(29,496,000)	(28,189,000)
Total shareholders’ deficit	(113,997,000)	(114,304,000)
Total liabilities and shareholders’ deficit	$ 104,618,000	$ 104,101,000