Filing Flows › New Concept Energy (GBR) › Q1 2025
New Concept Energy (GBR) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
New Concept Energy (GBR) reported revenue of $38K for the first quarter 2025 (Q1 2025), +6% from a year earlier and +6% from the quarter before. Operating margin was -165.8%, net loss $20K (52.6% of revenue).
New Concept Energy, Q1 2025: revenue $38K (+6% year over year), operating margin -165.8%, net loss $20K, operating cash flow −$30K. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38K | +6% | +6% |
| Operating profit | −$63K | — | — |
| Net earnings | −$20K | — | — |
| Operating cash flow | −$30K | — | — |
What changed
Revenue was $38K in Q1 2025, up 6% year over year and up 6% from the previous quarter. Rent was the largest line at 68% of revenue. Rent added $1K year over year (up 4%), 50% of the total change.
Operating costs exceeded revenue by $63K, an operating margin of -165.8%. Total costs grew 11% against revenue growth of 6%. The fastest-growing cost line was General & admin (+14%). The quarter ended with a net loss of $20K, wider than the previous quarter's $19K loss. Non-operating items added $43K, -215% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$30K. Non-cash charges added back $3K of depreciation. Working capital and other items used $13K.
Questions
What was New Concept Energy's revenue in the first quarter 2025?
New Concept Energy (GBR) reported revenue of $38K for the first quarter 2025 (Q1 2025), +6% from a year earlier and +6% from the quarter before.
Was New Concept Energy profitable in the first quarter 2025?
Operating loss was $63K (-165.8% of revenue) and net loss $20K.
Source: New Concept Energy 10-Q on SEC EDGAR.