New Concept Energy Reports Q2 2025 Net Loss, Revenue Increase

New Concept Energy reported a net loss of $18,000 for Q2 2025, a significant decrease from a net income of $3,000 in the same period of 2024. Total revenues increased to $40,000, while operating expenses rose to $100,000, resulting in a loss from operations of $60,000. The company's total assets decreased to $4.57 million, and stockholders' equity fell to $4.499 million.

New Concept Energy, Inc. (NYSE American: GBR), a Dallas-based company, recently reported its financial results for the second quarter ended June 30, 2025. The company reported a net loss from continuing operations of $18,000, a significant decrease from the net income of $3,000 recorded in the same period in 2024 [1].

Revenue for the second quarter of 2025 totaled $40,000, an increase from $37,000 in the same period in 2024. This revenue includes $26,000 from rental income and $14,000 from management fees. Operating expenses rose to $100,000, compared to $90,000 in the same period in 2024, resulting in a loss from operations of $60,000 [1].

The company's total assets decreased to $4.57 million, and stockholders' equity fell to $4.499 million. The decrease in stockholders' equity is primarily due to an accumulated deficit of $59,132, which increased by $282 from the prior period [1].

New Concept Energy owns real estate in West Virginia and provides management services for a third-party oil and gas company. For more information, visit the Company’s website at www.newconceptenergy.com [1].

References:
[1] https://www.theglobeandmail.com/investing/markets/stocks/GBR/pressreleases/34090730/new-concept-energy-inc-reports-second-quarter-2025-results/
[2] https://www.stocktitan.net/news/GBR/new-concept-energy-inc-reports-second-quarter-2025-cni3rss7zes8.html
[3] https://www.nasdaq.com/press-release/new-concept-energy-inc-reports-second-quarter-2025-results-2025-08-12