New Concept Energy Q2 FY26 net loss widens to $66,000; revenue rises to $41,000 - GBR News | RalliesNew Concept Energy Q2 FY26 net loss widens to $66,000; revenue rises to $41,000
G
GBR• Quarterly results
- New Concept Energy posted a net loss applicable to common shares of $66,000 for the quarter ended June 30, 2026, widening from $18,000.
- Revenue edged up to $41,000 from $40,000, with rental income of $26,000 and management fees of $15,000.
- Corporate general and administrative expenses climbed to $129,000 from $85,000, while interest income slipped to $35,000 from $42,000.
Six-month results and cash position
- For the six months ended June 30, 2026, the net loss applicable to common shares widened to $80,000 from $38,000 on revenue of $80,000.
- Cash and cash equivalents fell to $304,000 at June 30, 2026, from $383,000 at Dec. 31, 2025.
•
