INNSUITES HOSPITALITY TRUST (IHT) Form 10-Q — Jun 18, 2026
InnSuites Hospitality Trust (IHT) reported first-quarter fiscal 2027 results with total revenue of $2.19 million, essentially flat year-over-year, and consolidated net income of $74,702, up 91% from $39,030 in the prior year quarter. The improvement was driven by stable occupancy rates (85.37% combined) and effective cost management, particularly in room expenses and hospitality costs, offsetting a slight decline in average daily rates. Liquidity remains a critical concern, with cash and cash equivalents dropping to just $41,286 as of April 30, 2026, and total shareholders' equity remaining negative at ($921,921).
Key figures
- Eps
- 0
- Revenue
- 2193509
- Net Income
- 74702
- Total Debt
- 2500000
- Cash Position
- 41286
- Adjusted Ebitda
- 272000
- Ibc Note Receivable
- 1925000
- Shares Outstanding
- 9349544
- Uni Gen Note Receivable
- 1000000
- Uni Gen Investment Value
- 445833
Price after filing
Close on the filing date to close N calendar days later (from $1.39). Historical, not a forecast.
AI analysis
The rest of the AI analysis, red flags and sentiment are part of Signal8 Pro.
AI-generated analysis of a public disclosure. Not investment advice; verify against the original document.