Filing Flows › Intergroup (INTG) › Q2 FY25
Intergroup (INTG) Q2 FY25 earnings results (second quarter fiscal 2025)
10-Q filed Feb 14, 2025
Intergroup (INTG) reported revenue of $14.4M for the second quarter fiscal 2025 (Q2 FY25), +0.8% from a year earlier and -15% from the quarter before. Operating margin was 5.9%, net loss $3.7M (25.6% of revenue).
Intergroup, Q2 FY25: revenue $14.4M (+0.8% year over year), operating margin 5.9%, net loss $3.7M, operating cash flow −$781K. The chart follows the revenue to costs, profit and cash.
| Q2 FY25 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $14.4M | -15% | +0.8% |
| Operating profit | $853K | — | — |
| Net earnings | −$3.7M | — | — |
| Operating cash flow | −$781K | — | — |
What changed
Revenue was $14.4M in Q2 FY25, up 1% year over year and down 15% from the previous quarter. Hotel Rooms was the largest line at 58% of revenue. Real Estate added $380K year over year (up 9%), 317% of the total change. Food and Beverage declined 33%.
Operating profit was $853K, a 5.9% margin (up 15.3 points year over year). Total costs fell 13% while revenue rose 1%. The quarter ended with a net loss of $3.7M, wider than the previous quarter's $852K loss. Minority interests bore $1.0M of it: to shareholders the quarter was a loss of $2.7M. Net interest and other expense of $4.4M was the main reason.
Operating cash flow was −$781K. Non-cash charges added back $1.6M of depreciation and amortization and $20K of share-based compensation. Working capital and other items added $1.2M. Capital expenditures of $346K exceeded it, leaving free cash flow of −$1.1M.
Questions
What was Intergroup's revenue in the second quarter fiscal 2025?
Intergroup (INTG) reported revenue of $14.4M for the second quarter fiscal 2025 (Q2 FY25), +0.8% from a year earlier and -15% from the quarter before.
Was Intergroup profitable in the second quarter fiscal 2025?
Operating profit was $853K (5.9% of revenue) and net loss $3.7M.
Source: Intergroup 10-Q on SEC EDGAR.