A Business at a Glance
0 of 5 daily views used (5 remaining). Sign up free for 10 daily views, or try AAPL for a full preview.
New Concept Energy, Inc. (“New Concept,” “NCE” or the “Company” or “we” or “us”) was incorporated in Nevada on May 31, 1991, under the name Medical Resource Companies of America, Inc. The Company is the successor-by-merger to Wespac Investors Trust, a California business trust that began operating in 1982. On March 26, 1996, the name was changed to Greenbriar Corporation. On February 8, 2005, the name of the Company was changed to CabelTel International Corporation. On May 21, 2008, the name of the company was changed to New Concept Energy, Inc. Real Estate Operations The Company owns approximately 190 acres of land located in Parkersburg, West Virginia. Located on the land are four structures totaling approximately 53,000 square feet. Of this total area the main industrial / office building contains approximately 24,800 square feet of which as of December 31, 2024 approximately 16,000 square feet is leased for $101,000 per annum.
| Metric | TTM | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Revenue | 153K | 146K | 152K | 212K | 101K | - |
| Net Income | -77K | -18K | -21K | 181K | 78K | 1.9M |
| EPS | $-0.03 | $-0.01 | $-0.01 | $0.04 | $0.01 | $0.37 |
| Free Cash Flow | 0 | -84K | 11K | 184K | 55K | 467K |
| ROIC | -5.3% | - | - | - | - | -8.5% |
| Gross Margin | - | - | - | - | 0.0% | - |
| Debt/Equity | 0.00 | - | - | - | - | 0.01 |
| Dividends/Share | $0.00 | - | - | - | - | - |
| Operating Income | -259K | -237K | -243K | -162K | -336K | -367K |
| Operating Margin | -169.3% | -162.3% | -159.9% | -76.4% | -332.7% | - |
| ROE | -1.7% | - | - | - | - | 44.3% |
| Shares Outstanding | 5M | 5M | 5M | 5M | 8M | 5M |
New Concept Energy, Inc. passes 2 of 9 quality checks, indicating weak fundamentals.
At current prices, the estimated annualized return to fair value is -33.6%.
New Concept Energy, Inc. (GBR) has a 5-year average return on invested capital (ROIC) of -8.5%. This is below average and may indicate limited pricing power.
New Concept Energy, Inc. (GBR) has a market capitalization of $4M. It is classified as a small-cap stock.
New Concept Energy, Inc. (GBR) does not currently pay a regular dividend.
New Concept Energy, Inc. (GBR) operates in the Crude Petroleum & Natural Gas industry, within the Energy sector.
New Concept Energy, Inc. (GBR) reported annual revenue of $146 thousand in its most recent fiscal year, based on SEC EDGAR filings.
New Concept Energy, Inc. (GBR) has a net profit margin of -12.3%. The company is currently unprofitable.
New Concept Energy, Inc. (GBR) generated $-84 thousand in free cash flow in its most recent fiscal year. Negative free cash flow may indicate heavy investment or operational challenges.
New Concept Energy, Inc. (GBR) reported earnings per share (EPS) of $-0.01 in its most recent fiscal year.
The Ledger Terminal provides 16 years of financial data for New Concept Energy, Inc. (GBR), sourced directly from SEC EDGAR filings. This includes income statements, balance sheets, cash flow statements, and key financial ratios.