New Concept Energy, Inc. Reports Fourth Quarter and Full Year 2025 Results
MWN-AI** Summary
New Concept Energy, Inc. (NYSE American: GBR), a Dallas-based company, recently announced its financial results for the fourth quarter and full year ending December 31, 2025. In a notable turnaround, the company reported a net income of $12,000 for the fourth quarter, compared to a net loss of $19,000 in Q4 2024. However, for the full year 2025, New Concept Energy recorded a net loss of $46,000, wider than the $18,000 loss experienced in 2024.
The increase in revenue can be attributed to enhanced performance in key areas. Total revenues rose to $155,000 in 2025 from $146,000 in 2024, driven by rent from leased properties (rising to $103,000) and managing oil and gas operations (increasing to $52,000). The latter's boost comes as the company earns a management fee based on oil and gas revenue, which has benefited from higher market prices.
Operating expenses also grew, with costs tied to real estate rising to $56,000 from $48,000, and general and administrative expenses increasing to $364,000 from $335,000. Additionally, interest income fell to $169,000, reflecting a lower variable interest rate while the company collected $50,000 in old note receivables during the fourth quarter.
Total assets as of December 31, 2025, were $4.56 million, slightly down from $4.59 million in 2024, with cash equivalents standing at $383,000. Overall, while New Concept Energy is making gradual progress in stabilizing its operations, challenges persist, particularly in managing expenses and navigating fluctuating revenues. For further details, the company invites stakeholders to visit their website: www.newconceptenergy.com.
MWN-AI** Analysis
New Concept Energy, Inc. (NYSE American: GBR) has reported its fourth quarter and full-year results for 2025, demonstrating mixed operational performance. The company has successfully transitioned from a net loss of $19,000 in Q4 2024 to a net income of $12,000 in Q4 2025, primarily attributed to stable revenue from real estate leases and increased management fees from oil and gas operations.
In 2025, New Concept's total revenue increased modestly to $155,000 from $146,000 in 2024, driven mainly by a rise in management fees, which is linked directly to the fluctuating oil and gas prices. However, total operating expenses also rose, reflecting a growing cost structure in both operational and administrative areas. The company's operating loss deepened from $237,000 in 2024 to $265,000 in 2025, indicating that while revenues are increasing, expenses are growing at a considerably faster rate.
Balance sheet analysis reveals that New Concept's total assets decreased slightly to $4,560,000 from $4,594,000. Nevertheless, the consistent note receivable value of $3,542,000 signals stability in cash inflow from lending activities. On the liabilities side, the marginal uptick in current liabilities reflects increased operational activity.
For investors, New Concept Energy could be seen as a speculative option in the energy management sector, particularly given the potential of rising oil prices. However, the company's increasing expenditures raise concerns about the sustainability of its revenue growth amidst a transitioning operational environment.
With net losses persisting and a thin profit for the fourth quarter, potential investors should closely monitor operational efficiency, cost management strategies, and the impact of energy market dynamics on future revenues. A cautious "hold" rating is advisable for current shareholders, while potential investors should approach with caution, prioritizing further operational improvements before entering.
**MWN-AI Summary and Analysis is based on asking OpenAI to summarize and analyze this news release.
New Concept Energy, Inc. (NYSE American: GBR), (the “Company” or “NCE”) a Dallas-based company, today reported Results of Operations for the fourth quarter and the full year ended December 31, 2025.
During the three months ended December 31,2025 the Company reported net income of $12,000 compared to a net loss of $19,000 for the same period ended December 31, 2024.
For the full year ended December 31, 2025 the Company reported a net loss of $46,000 compared to a net loss of $18,000 for the same period ended December 31, 2043.
Fiscal 2025 as compared to 2024
Revenues: Revenues from rent for the leased property was $103,000 in 2025 and $101,000 in 2024. Revenues from managing the oil and gas operations for a third party was $52,000 and $45,000 in 2025 and 2024. The management agreement has the Company receiving a management fee of 10% of oil and gas revenue. The increase in management fees is due to an increase in revenue due to an increase in oil and gas prices.
Operating Expenses : Operating expenses for the real estate property was $56,000 in 2025 and $48,000 in 2024. General and administrative expenses were $364,000 in 2024 and $335,000 in 2024.
Interest Income : Interest Income was $169,000 in 2025 and $213,000 in 2024. The note receivable has a variable interest rate and in 2025 the interest rate was lower.
Other Income: In the fourth quarter of 2025 the Company collected $50,000 for an old note receivable that had been previously fully reserved.
About New Concept Energy, Inc.
New Concept Energy, Inc. is a Dallas-based company which owns 191 acres of land located in Parkersburg, West Virginia. Located on the land are four structures totaling approximately 53,000 square feet. For more information, visit the Company’s website at www.newconceptenergy.com .
NEW CONCEPT ENERGY, INC. AND SUBSIDIARY | |||||||
| CONSOLIDATED BALANCE SHEETS | |||||||
| (amounts in thousands) | |||||||
December 31, | |||||||
2025 | 2024 | ||||||
| Assets | |||||||
| Current assets | |||||||
| Cash and cash equivalents | $ | 383 | $ | 363 | |||
| Other current assets | 13 | 9 | |||||
| Total current assets | 396 | 372 | |||||
| Property and equipment, net | |||||||
| Land, buildings and equipment | 622 | 636 | |||||
| Note and interest receivable | |||||||
| Note receivable | 3,542 | 3,542 | |||||
| Interest receivable | - | 44 | |||||
3,542 | 3,586 | ||||||
| Total assets | $ | 4,560 | $ | 4,594 |
NEW CONCEPT ENERGY, INC. AND SUBSIDIARY | |||||||
| CONSOLIDATED BALANCE SHEETS - CONTINUED | |||||||
| (amounts in thousands, except share amounts) | |||||||
December 31, | |||||||
2025 | 2024 | ||||||
| Liabilities and stockholders' equity | |||||||
| Current liabilities | |||||||
| Accounts payable - trade (including $6 in 2025 and $7 in 2024 due to Pillar) | $ | 26 | $ | 20 | |||
| Accrued expenses | 43 | 37 | |||||
| Total current liabilities | 69 | 57 | |||||
| Stockholders' equity | |||||||
| Series B convertible preferred stock, $10 par value, | |||||||
| authorized 100,000 shares, issued and outstanding one share | 1 | 1 | |||||
| Common stock, $.01 par value; authorized 100,000,000 | |||||||
| shares; issued and outstanding, 5,131,934 shares | |||||||
| at December 31, 2025 and 2024 | 51 | 51 | |||||
| Additional paid-in capital | 63,579 | 63,579 | |||||
| Accumulated deficit | (59,140 | ) | (59,094 | ) | |||
| Total stockholders' equity | 4,491 | 4,537 | |||||
| Total liabilities & stockholders' equity | $ | 4,560 | $ | 4,594 |
NEW CONCEPT ENERGY, INC. AND SUBSIDIARY | |||||||
| CONSOLIDATED STATEMENTS OF OPERATIONS | |||||||
| (amounts in thousands, except per share data) | |||||||
Year Ended December 31, | |||||||
2025 | 2024 | ||||||
| Revenue | |||||||
| Rent | $ | 103 | $ | 101 | |||
| Management fee | 52 | 45 | |||||
| Total Revenues | 155 | 146 | |||||
| Operating expenses | |||||||
| Operating expenses | 56 | 48 | |||||
| Corporate general and administrative | 364 | 335 | |||||
| Total operating expenses | 420 | 383 | |||||
| Loss from operations | (265 | ) | (237 | ) | |||
| Other income | |||||||
| Interest income | 169 | 213 | |||||
| Other income | 50 | 6 | |||||
| Total other income | 219 | 219 | |||||
| Net loss applicable to common shares | $ | (46 | ) | $ | (18 | ) | |
| Net loss per common share-basic and diluted | $ | (0.01 | ) | $ | (0.01 | ) | |
| Weighted average common and equivalent shares outstanding - basic and diluted | 5,132 | 5,132 |
View source version on businesswire.com: https://www.businesswire.com/news/home/20260331988921/en/
New Concept Energy, Inc.
Gene Bertcher, (800) 400-6407
info@newconceptenergy.com
FAQ**
How does New Concept Energy Inc GBR plan to address the increase in operating expenses reported for 2025 compared to 2024, particularly in corporate general and administrative costs?
With a net loss of $46,000 in 2025, what strategies does New Concept Energy Inc GBR have in place to turn around financial performance in future quarters?
Given that New Concept Energy Inc GBR reported an increase in revenues from management fees due to rising oil and gas prices, what are the company's projections for future revenue in this segment?
How does New Concept Energy Inc GBR intend to leverage its real estate assets, particularly the 191 acres in Parkersburg, to drive future growth and profitability?
**MWN-AI FAQ is based on asking OpenAI questions about New Concept Energy Inc (NYSE: GBR).
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