iht: the income statement

MyFinsight

INNSUITES HOSPITALITY TRUST (IHT)

For the quarter ending 2025-07-31, IHT made $1,798,872 in revenue. -$391,180 in net income. Net profit margin of -21.75%.

Unit: Dollar

	2025-07-31	2025-04-30	2024-10-31	2024-07-31
Total revenue	1,798,872	2,205,763	1,825,128	1,840,392
Food And Beverage	29,361	26,087	-	-
Utilities	100,202	85,593	-	-
Selling And Marketing	106,637	126,920	-	-
Room	646,951	660,935	-	-
Repairs And Maintenance	108,472	108,933	-	-
Real Estate And Personal Property Taxes Insurance And Ground Rent	168,990	158,139	-	-
Other	8,333	8,213	-	-
Hospitality	149,527	158,481	-	-
General And Administrative	530,829	467,766	-	-
Depreciation	188,270	182,300	-	-
Total operating expenses	2,037,572	1,983,367	1,955,450	2,126,348
Operating loss	-238,700	222,396	-130,322	-285,956
Other income	750	750	4,821	4,161
Interest income	-	-	-	39
Total other income	750	750	4,821	4,200
Interest on other notes payable	6,006	5,940	5,483	5,287
Interest on mortgage notes payable	123,858	145,263	86,498	122,959
Total interest expense	129,864	151,203	91,981	128,246
Consolidated net loss before bw rewards credit voucher expense and income tax benefit	-367,814	71,943	-217,482	-410,002
Bw rewards guest voucher expense	33,205	-	-	-
Income tax benefit	-	-240	-	-
Bw rewards credit	-	33,153	-	-
Consolidated net loss	-401,019	39,030	-217,482	-410,002
Less net loss attributable to non-controlling interest	-9,839	160,062	58,883	-39,119
Net loss attributable to controlling interests	-391,180	-121,032	-276,365	-370,883

Net (loss) per share - basic	-0.04	-0.01	-0.03	-0.04
Net (loss) per share - diluted	-0.04	-0.01	-0.03	-0.04
Weighted average number of shares outstanding - basic	8,820,159	8,665,019	8,820,159	9,215,629
Weighted average number of shares outstanding - diluted	8,820,159	8,665,019	8,820,159	9,215,629

Unit: Dollar