Stock Pulse
InterGroup Corp. (INTG) reported mixed financial results. While Q1 2025 showed a narrowed net loss and revenue growth [2], Q2 2025 saw a widening loss despite flat revenue [3]. The full-year 2024 results revealed a significant net loss increase, raising concerns about long-term profitability [1]. INTG's majority-owned subsidiary, Portsmouth Square Inc., faces significant financial challenges, including defaulted loans and substantial doubt about its ability to continue as a going concern [4]. Although INTG is pursuing refinancing with a March 2025 target, the situation poses substantial risk. Several warning signs have been identified, further adding to investor concerns [1], [2], [3].
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Last updated: 3/14/2025, 5:41:35 PM