Filing Flows › Transcontinental Realty Investors (TCI) › Q1 2025
Transcontinental Realty Investors (TCI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 8, 2025
Transcontinental Realty Investors (TCI) reported revenue of $12.0M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and +2% from the quarter before. Operating margin was -5.3%, net earnings $4.8M (39.8% of revenue).
Transcontinental Realty Investors, Q1 2025: revenue $12.0M (+0.9% year over year), operating margin -5.3%, net earnings $4.8M, operating cash flow −$7.4M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $12.0M | +2% | +0.9% |
| Operating profit | −$635K | — | — |
| Net earnings | $4.8M | 16× | — |
| Operating cash flow | −$7.4M | — | — |
What changed
Revenue was $12.0M in Q1 2025, up 1% year over year and up 2% from the previous quarter.
Operating costs exceeded revenue by $635K, an operating margin of -5.3%. Total costs fell 4% while revenue rose 1%. Net earnings were $4.6M, up 81% year over year. The effective tax rate was 21.7%. Non-operating items added $6.7M, 110% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$7.4M. Non-cash charges added back $2.9M of depreciation and amortization. Working capital and other items used $15.1M. Capital expenditures of $26.4M exceeded it, leaving free cash flow of −$33.9M.
Questions
What was Transcontinental Realty Investors' revenue in the first quarter 2025?
Transcontinental Realty Investors (TCI) reported revenue of $12.0M for the first quarter 2025 (Q1 2025), +0.9% from a year earlier and +2% from the quarter before.
Was Transcontinental Realty Investors profitable in the first quarter 2025?
Operating loss was $635K (-5.3% of revenue) and net earnings $4.8M.
Source: Transcontinental Realty Investors 10-Q on SEC EDGAR.