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New Concept Energy (GBR) investor relations material
New Concept Energy Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Reported a net loss of $20,000 for Q3 2025, compared to a net loss of $4,000 in Q3 2024; nine-month net loss was $58,000 versus net income of $1,000 in the prior year period.
Revenue for Q3 2025 was $39,000, up from $37,000 in Q3 2024; nine-month revenue was $117,000, up from $110,000 year-over-year.
The company continues to focus on rental income and management fees, with ongoing evaluation of new business opportunities.
Provides real estate and management services, with operations focused in West Virginia.
Financial highlights
Rental revenue for Q3 2025 remained steady at $26,000; management fees increased to $13,000 from $11,000 year-over-year.
Corporate general & administrative expenses rose to $88,000 in Q3 2025 from $79,000 in Q3 2024.
Interest income declined to $43,000 in Q3 2025 from $52,000 in Q3 2024 due to lower interest rates.
Cash and cash equivalents at September 30, 2025 were $307,000, down from $363,000 at year-end 2024.
Net loss per share for Q3 2025 was $(0.01), unchanged from Q3 2024.
Key financial ratios and metrics
Total assets were $4.54 million as of September 30, 2025, compared to $4.59 million at December 31, 2024.
Accumulated deficit increased to $59.15 million as of September 30, 2025, from $59.09 million at December 31, 2024.
Stockholders' equity was $4.48 million at September 30, 2025, down from $4.54 million at year-end 2024.
Weighted average shares outstanding remained at 5,132,000.
Net operating loss carryforwards total approximately $6.5 million, with $4.8 million expiring between 2025 and 2036.
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