New Concept Energy (GBR) Q2 2025 earnings summary

Executive summary

• Reported a net loss of $18,000 for Q2 2025, compared to net income of $3,000 in Q2 2024.

• Six-month net loss was $38,000, versus net income of $5,000 for the same period last year.

• Revenue increased slightly year-over-year for both the quarter and six-month periods, with Q2 2025 revenue at $40,000, up from $37,000 in Q2 2024.

Financial highlights

• Q2 2025 revenue was $40,000 (rental: $26,000; management fees: $14,000), up from $37,000 in Q2 2024.

• Six-month revenue was $78,000, up from $73,000 year-over-year.

• Interest income declined to $42,000 in Q2 2025 from $56,000 in Q2 2024; six-month interest income was $85,000, down from $113,000.

• Corporate general & administrative expenses rose to $85,000 in Q2 2025 from $78,000 in Q2 2024; six-month expenses were $174,000, up from $156,000.

• Net loss per share for Q2 and six months: $(0.00) (basic and diluted).

Key financial ratios and metrics

• Current assets: $403,000; current liabilities: $75,000 as of June 30, 2025.

• Total assets: $4,574,000 as of June 30, 2025, compared to $4,590,000 at December 31, 2024.

• Total stockholders' equity: $4,499,000 at June 30, 2025, down from $4,540,000 at year-end 2024.

• Weighted average shares outstanding remained at 5,132,000 for both periods.