Filing Flows › New Concept Energy (GBR) › Q4 2025
New Concept Energy (GBR) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 31, 2026
New Concept Energy (GBR) reported revenue of $38K for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and -3% from the quarter before. Operating margin was -207.9%, net earnings $12K (31.6% of revenue).
New Concept Energy, Q4 2025: revenue $38K (+6% year over year), operating margin -207.9%, net earnings $12K, operating cash flow $76K. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $38K | -3% | +6% |
| Operating profit | −$79K | — | — |
| Net earnings | $12K | — | — |
| Operating cash flow | $76K | — | — |
What changed
Revenue was $38K in Q4 2025, up 6% year over year and down 3% from the previous quarter. Rent was the largest line at 66% of revenue.
Operating costs exceeded revenue by $79K, an operating margin of -207.9%. Total costs grew 7% against revenue growth of 6%. The fastest-growing cost line was Other operating costs (+67%). Net earnings were $12K. The effective tax rate was 0.0%. Non-operating items added $91K, 758% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was $76K, 633% of net earnings. Non-cash charges added back $4K of depreciation and amortization. Working capital and other items added $60K.
Questions
What was New Concept Energy's revenue in the fourth quarter 2025?
New Concept Energy (GBR) reported revenue of $38K for the fourth quarter 2025 (Q4 2025), +6% from a year earlier and -3% from the quarter before.
Was New Concept Energy profitable in the fourth quarter 2025?
Operating loss was $79K (-207.9% of revenue) and net earnings $12K.
Source: New Concept Energy 10-K on SEC EDGAR.