earnings
confidence high
sentiment neutral
materiality 0.15
New Concept Energy Q4 net loss narrows to $19K; full-year loss $18K
New Concept Energy, Inc.
- Q4 2024 net loss of $19,000 improved from $39,000 loss in Q4 2023.
- Full year 2024 net loss of $18,000 versus $21,000 loss in 2023.
- Rent revenue flat at $101,000; management fee revenue fell to $45,000 from $51,000 on lower oil/gas prices.
- Interest income $213,000; operating expenses for property $48,000; G&A $335,000.