Company: INTG
Filing Date: 2025-05-15
Form Type: 10-Q
Source: 0001641172-25-010724
Chunk: 106

Company: INTERGROUP CORP
Filing Date: 2025-05-15
Form: 10-Q
Item: Part I, Item 2
Chunk 106
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Real
Estate Operations 

Revenue
from real estate operations increased to $14,176,000 for the nine months ended March 31, 2025 from $12,638,000 for the nine months ended
March 31, 2024. Real estate operating expenses decreased to $7,096,000 from $7,774,000 year over year primarily due to decrease in turn-over
expenses, and maintenance and repair expenses. Management continues to review and analyze the Company’s real estate operations
to improve occupancy and rental rates and to reduce expenses and improve efficiencies.

Investment
Transactions

The
Company had a net loss on marketable securities of $1,566,000 for the nine months ended March 31, 2025 compared to a net gain on marketable
securities of $164,000 for the nine months ended March 31, 2024. For the nine months ended March 31, 2025, the Company had a net realized
loss of $329,000 and a net unrealized loss of $1,237,000. For the nine months ended March 31, 2024, the Company had a net realized gain
of $1,374,000 and a net unrealized loss of $1,210,000.

Gains
and losses on marketable securities may fluctuate significantly from period to period in the future and could have a significant impact
on the Company’s results of operations. However, the amount of gain or loss on marketable securities for any given period may have
no predictive value and variations in amount from period to period may have no analytical value. For a more detailed description of the
composition of the Company’s marketable securities see the Marketable Securities section below.

-24-

MARKETABLE
SECURITIES

The
following table shows the composition of the Company’s marketable securities portfolio as of March 31, 2025 and June 30, 2024 by
selected industry groups:

    % of Total 
  
    As of March 31, 2025 
       
    Investment 
  
    Industry
    Group 
    Fair
    Value  
    Securities 

    REITs and real
    estate companies 
    $749,000  
     100%
  
    Technology 
     2,000  
     0%

    $751,000  
     100%

    % of Total 
  
    As of June 30, 202