The company reported a GAAP EPS loss of $0.01 for Q1 2026, with total revenue of $39,000.
New Concept Energy reported a GAAP loss per share of $0.01 for the first quarter of 2026, reflecting a continued struggle to turn a profit. Revenue for the period totaled $39,000, driven by $26,000 in rental income and $13,000 in management fees.
The company’s revenue remains minimal, with no prior quarter or year-over-year comparison provided in the release. The loss aligns with its historical performance, though the scale of operations remains limited.
No immediate market reaction was disclosed in the release.