Highest-materiality recent filing
New Concept Energy Q1 net loss narrows to $14,000; revenue $39,000
Net loss from continuing operations was $14,000 vs $20,000 loss in Q1 2025.
Realty Advisors to acquire 2,000,000 shares at $1.00/share for total $2.0M.
GBR Q4 net income $12K vs loss; full-year net loss $46K; collected $50K on old note
Q4 2025 net income of $12,000 vs net loss of $19,000 in Q4 2024.
New Concept Energy Stockholders Re-elect All Five Directors at Annual Meeting
Gene S. Bertcher received 1,970,986 votes for (38.41%) and was re-elected Chairman, President, CEO and CFO.
New Concept Energy Q3 2025 net loss widens to $20K vs $4K loss year ago
Net loss of $20K for Q3 2025 vs $4K loss in Q3 2024; revenue $39K ($26K rent, $13K mgmt fees) vs $37K.
New Concept Energy posts Q2 net loss of $18K vs year-ago profit of $3K
Net loss of $18K for Q2 2025 vs net income of $3K in Q2 2024.
New Concept Energy reports Q1 2025 net loss of $20K vs prior-year profit of $2K
Net loss from continuing operations of $20K for Q1 2025, compared to net income of $2K in Q1 2024.
New Concept Energy Q4 net loss narrows to $19K; full-year loss $18K
Q4 2024 net loss of $19,000 improved from $39,000 loss in Q4 2023.
New Concept Energy holds annual meeting; all directors reelected, auditor ratified
Annual meeting held Dec 31, 2024; 5,131,934 shares outstanding, quorum of 89.4%.
New Concept Energy annual meeting further adjourned to Dec 31, 2024 to solicit additional proxies
Recessed annual meeting called on Dec 19, 2024, but further recessed to Dec 31, 2024, for additional proxy solicitation.
New Concept Energy (GBR) annual meeting lacks quorum, adjourned to Dec 19
Meeting on Dec 4, 2024 had insufficient proxies; quorum required at least 2,566,247 votes.
New Concept Energy reports Q3 net loss of $4,000 vs profit $7,000 a year ago
Net loss of ($4,000) for Q3 2024 versus net income of $7,000 in Q3 2023; EPS ($0.01) vs $0.01.
New Concept Energy appoints Robert C. Canham II as director effective Oct 16, 2024
Canham, age 75, appointed to fill vacancy left by Raymond D. Roberts, Sr. who resigned Aug 15, 2024.
New Concept Energy enters advisory agreement with Pillar Income Asset Management
Advisor Pillar receives monthly gross asset fee of 0.0625% (0.75% annual) of average Gross Asset Value.
Director Raymond D. Roberts, Sr. resigns from New Concept Energy board due to health issues
Raymond D. Roberts, Sr., 92, resigned as director and from all board committees effective August 15, 2024.
New Concept Energy reports Q2 net income of $3,000 vs $6,000 loss a year ago
Net income for Q2 2024 was $3,000, compared to a net loss of $6,000 in Q2 2023.
New Concept Energy Q1 net income $2,000 (down 88%); revenue $36,000
Net income for Q1 2024 was $2,000 (diluted EPS $0.00), down from $17,000 in Q1 2023.
New Concept Energy reports Q4 2023 net loss of $39K; full year net loss $21K
Q4 2023 net loss of $39,000 vs net income of $11,000 in Q4 2022.
New Concept Energy engages Turner Stone & Company as new auditor after Swalm retirement
Turner Stone & Company LLP engaged as independent auditor effective Jan 19, 2024 for FY 2023.
New Concept Energy auditor Swalm resigns effective Jan 2, 2024 due to retirement
Swalm & Associates resigned as independent registered public accountant effective January 2, 2024; reason: retirement of principal Edward S. Swalm.
New Concept Energy shareholders elect all director nominees and ratify auditor
All five nominees elected: Gene S. Bertcher (1,741,453 votes for), Richard W. Humphrey (1,741,831), Dan Locklear (1,731,399), Cecelia Maynard (1,705,819), Raymond D. Roberts (1,703,653).
New Concept Energy Q3 net income $7K, down from $27K YoY; revenue falls 44%
Net income $7,000 for Q3 2023 vs $27,000 in Q3 2022; EPS $0.01 unchanged.
New Concept Energy posts Q2 net loss of $6K vs $138K income a year ago
Q2 2023 revenue fell to $35K ($26K rent + $9K mgmt fees) from $47K in Q2 2022.
New Concept Energy Q1 net income rises to $17,000 from $5,000 YoY
Net income applicable to common shares: $17,000 for Q1 2023 vs $5,000 for Q1 2022.
New Concept Energy Q4 net income $11k vs loss of $49k; FY net income $181k vs $70k
Q4 2022 net income $11,000 compared to a net loss of $49,000 in Q4 2021.
New Concept Energy swings to Q3 net income of $27k vs year-ago loss; directors reelected
Q3 2022 net income $27k ($0.01 EPS) vs net loss of $8k ($0.01 loss) in Q3 2021.
Net income of $138K ($0.02 EPS) in Q2 2022 vs $49K ($0.01 EPS) in Q2 2021.
New Concept Energy reports Q1 net income of $5,000, down from $79,000 YoY
Net income applicable to common shares $5,000 vs $79,000 in Q1 2021.
New Concept Energy reports $70k net income for FY2021, reversing prior year loss
Net income from continuing operations of $70k in 2021 vs net loss of $52k in 2020, a $0.01 EPS.
New Concept Energy holds 2021 annual meeting; all directors elected, auditors ratified
All five director nominees elected with 56.8%-58.3% of votes cast: Bertcher, Humphrey, Locklear, Maynard, Roberts.
New Concept Energy reports Q3 2021 net loss of $8,000 on flat rental revenue of $25,000
Net loss from continuing operations of $8,000 in Q3 2021 vs net income of $82,000 in Q3 2020 (excluding one-time items).
New Concept Energy swings to Q2 profit; net income $49K, $0.01 EPS
Net income from continuing ops $49K vs loss of $57K in Q2 2020.
selected Robert C. Canham II, age 75, as a director effective October 16, 2024, to fill a vacancy on the Board of Directors
fill a vacancy on the Board of Directors created by the August 15, 2024 resignation of Raymond D. Roberts, Sr.
On August 15, 2024, Raymond D. Roberts, Sr. resigned as a Director and from all Board Committees of New Concept Energy, Inc.
Max materiality 0.65 · Median 0.28 · Most common event earnings