New Concept Energy Q2 net loss widens on higher administrative costs - GBR News | RalliesNew Concept Energy Q2 net loss widens on higher administrative costs
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GBR• Outlook
- The company did not provide specific guidance or outlook for future periods
Overview
- US real estate owner reported Q2 revenue nearly flat year over year, up slightly to $41,000
- Net loss for Q2 widened to $66,000 from $18,000 a year earlier
- Higher general and administrative expenses contributed to the increased net loss
Key details
| Metric | Actual |
|---|
| Q2 revenue | $41,000 |
| Q2 loss per basic share | $0.01 |
Result drivers
- Higher administrative expenses - The company reported a rise in corporate general and administrative expenses in Q2 2026 compared with the prior year.
- Lower interest income - Interest income declined in Q2 2026 versus the prior-year period.
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