Answer
The press release you provided reports Dorchester Minerals, L.P.’s (NASDAQ – DMLP) net income for the quarter ended June 30 2025 as $12.347 million (≈ $12.35 M), or $0.25 per common unit.
However, the release does not include any figures for the same quarter (Q2) of the prior year (June 30 2024). Because the comparative net‑income number for Q2 2024 is missing, we cannot directly calculate how the $12.35 M result “compares” to the previous year’s performance from the information given.
What would be needed for a proper comparison
| Data Required | Why it matters |
|---|---|
| Net income for Q2 2024 (the quarter ending June 30 2024) | Allows a year‑over‑year (YoY) change calculation (e.g., % increase or decrease, dollar‑difference). |
| Net income per common unit for Q2 2024 | Provides a per‑unit perspective, which is useful when the number of outstanding units changes over time. |
| Any disclosed adjustments or one‑off items (e.g., asset sales, impairments) | Helps determine whether the change is driven by core operations or non‑recurring events. |
If those figures were available, the typical comparison would be:
Dollar‑difference:
[
\text{Δ Net Income} = \text{Net Income}{2025} - \text{Net Income}{2024}
]Percentage change:
[
\%\text{Change} = \frac{\text{Δ Net Income}}{\text{Net Income}_{2024}} \times 100\%
]Per‑unit change:
[
\Delta\text{(Net Income per Unit)} = \$0.25{2025} - \text{(Net Income per Unit)}{2024}
]
How you can obtain the missing data
- Form 10‑Q filings: Dorchester Minerals’ quarterly SEC reports (Form 10‑Q) for the period ending June 30 2024 will contain the net‑income figure for that quarter. These are publicly available on the SEC’s EDGAR database.
- Historical press releases: A press release titled something like “Dorchester Minerals, L.P. Announces Second Quarter Results – 2024” would typically include the prior‑year net‑income number.
- Investor presentations or earnings call transcripts: Companies often recap the prior‑year quarter’s results when presenting the current quarter’s results.
Bottom line
- Current quarter (Q2 2025) net income: $12.347 M (≈ $0.25 per common unit).
- Comparison to Q2 2024: Not possible with the data you supplied, because the prior‑year net‑income figure is not included in the release.
Next step: Retrieve Dorchester Minerals’ Q2 2024 net‑income (e.g., from the 2024 Form 10‑Q) and then apply the simple subtraction or percentage‑change formulas above to see whether the $12.35 M represents growth, decline, or essentially flat performance year‑over‑year.