Quarterly ResultMay 19, 2026, 08:29 AM
InnSuites FY26 Revenue $7.6M; Explores Reverse Merger & UniGen
AI Summary
InnSuites Hospitality Trust reported fiscal year 2026 annual revenue of approximately $7.6 million, matching the prior year, with combined occupancy increasing 2.40% to 76.98%. The company's loss before non-cash expenses and income tax improved to ($307,188) from ($476,836) in the prior year, with a projected profit before non-cash items for fiscal year 2027. InnSuites is actively exploring diversification opportunities, including a potential reverse merger and its investment in UniGen Power, Inc., a clean energy innovation, which recently saw management changes.
Key Highlights
- FY2026 annual revenue was approximately $7.6 million, matching the prior fiscal year.
- FY2026 combined occupancy increased 2.40% to 76.98%.
- FY2026 loss before non-cash expenses and income tax improved to ($307,188).
- InnSuites is exploring diversification opportunities, including a potential reverse merger.
- The company holds an investment in UniGen Power, Inc., a clean energy generation innovation.
- Projected profit before non-cash items in the current Fiscal Year 2027.
- InnSuites has maintained uninterrupted annual dividends for 56 years since 1971.
Price Impact
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