How did NRT's revenue and expenses shift in Q1 2025?

North European Oil Royalty Trust (NRT) experienced a positive shift in its revenue and expenses in Q1 2025, with total revenue exceeding total expenses, resulting in a positive net income. 1. **Revenue Increase**: NRT's total revenue for Q1 2025 was $519,433. This indicates a robust income stream during the period, which could be attributed to factors such as oil prices or production levels. 2. **Expense Management**: The total expenses for NRT in Q1 2025 were $285,468. This figure suggests that NRT effectively managed its costs, as the expenses were lower than the revenue, resulting in a net income. 3. **Net Income**: The net income for NRT in Q1 2025 was $233,965, which is calculated by subtracting total expenses from total revenue ($519,433 - $285,468 = $233,965). This positive net income reflects NRT's financial health and its ability to generate profits during the quarter. In conclusion, NRT's revenue and expenses in Q1 2025 showed a favorable trend, with the trust generating a substantial net income due to higher revenue and effective cost management. NRT Revenue, Expense, Net Income in Q1 2025 |code|Ticker|Name|Last Price|Last Change|Report End Date|Date|Total Revenue|Total Expenses|Net Income|market_code| |---|---|---|---|---|---|---|---|---|---|---| |NRT|NRT.N|North European Oil Royalty Trust|4.745|1.172708|20250131|2025 Q1|519433||285468|169|