New Concept Energy, Inc. GBR
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.
Valuation FY2025 figures against the last close
Annual financial statements
Income statement
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $155.0K | $146.0K | $152.0K | $212.0K | $101.0K | $101.0K | $98.0K | $123.0K | $791.0K | $764.0K |
| SG&A | $364.0K | $335.0K | $338.0K | $317.0K | $360.0K | $396.0K | $418.0K | $359.0K | $408.0K | $352.0K |
| Total operating expenses | $420.0K | $383.0K | $395.0K | $374.0K | $437.0K | $468.0K | $479.0K | $59.0K | $4.1M | $1.5M |
| Operating income | -$265.0K | -$237.0K | -$243.0K | -$162.0K | -$336.0K | -$367.0K | -$381.0K | -$295.0K | -$3.3M | -$769.0K |
| Interest expense | — | — | — | — | $5.0K | $12.0K | $15.0K | $18.0K | $24.0K | $38.0K |
| Pre-tax income | -$46.0K | -$18.0K | — | $181.0K | $70.0K | $1.9M | -$2.4M | -$484.0K | -$3.2M | -$3.2M |
| Income tax | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$46.0K | -$18.0K | -$21.0K | $181.0K | $70.0K | $1.9M | -$2.4M | -$484.0K | -$3.2M | -$3.2M |
| EPS, basic | -0.01 | -0.01 | -0.01 | 0.04 | 0.01 | — | — | — | — | — |
| EPS, diluted | -0.01 | -0.01 | -0.01 | 0.04 | 0.01 | 0.37 | -0.46 | -0.21 | -1.59 | 0.02 |
| Shares, diluted (wtd. avg.) | $5.1K | $5.1K | $5.1K | $5.1K | $5.1K | $5.1K | $5.1M | $2.4K | $1.9K | $1.9K |
Balance sheet
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash and equivalents | $383.0K | $363.0K | $447.0K | $436.0K | $252.0K | $27.0K | $22.0K | $361.0K | $419.0K | $113.0K |
| Receivables | — | — | — | — | — | — | $73.0K | $72.0K | $67.0K | $119.0K |
| Total current assets | $396.0K | $372.0K | $459.0K | $466.0K | $3.8M | $3.8M | $4.1M | $4.5M | $522.0K | $438.0K |
| Property, plant and equipment | $622.0K | $636.0K | $629.0K | $631.0K | $643.0K | $656.0K | $668.0K | $618.0K | $661.0K | $706.0K |
| Total assets | $4.6M | $4.6M | $4.6M | $4.6M | $4.5M | $4.6M | $5.8M | $7.9M | $4.2M | $7.2M |
| Short-term debt | — | — | — | — | — | $52.0K | $44.0K | $59.0K | $81.0K | $96.0K |
| Total current liabilities | $69.0K | $57.0K | $75.0K | $63.0K | $60.0K | $164.0K | $290.0K | $150.0K | $556.0K | $393.0K |
| Long-term debt | — | — | — | — | — | $140.0K | $221.0K | $260.0K | $359.0K | $432.0K |
| Total liabilities | — | — | — | — | $60.0K | $286.0K | $3.4M | $3.1M | $3.6M | $3.5M |
| Retained earnings | -$59.1M | -$59.1M | -$59.1M | -$59.1M | -$59.2M | -$59.3M | -$61.2M | -$58.9M | -$58.4M | -$55.1M |
| Total equity | $4.5M | $4.5M | $4.6M | $4.6M | $4.4M | $4.3M | $2.4M | $4.8M | $636.0K | $3.7M |
Cash flow
| Fiscal year | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | $20.0K | -$64.0K | $22.0K | $184.0K | $123.0K | -$535.0K | -$239.0K | -$637.0K | $202.0K | -$314.0K |
| Depreciation and amortisation | $14.0K | $13.0K | $13.0K | $12.0K | $13.0K | $12.0K | $18.0K | $43.0K | $320.0K | $664.0K |
| Capital expenditure | — | $20.0K | $11.0K | — | — | — | $68.0K | — | $0 | $52.0K |
| Investing cash flow | — | -$20.0K | -$11.0K | — | $276.0K | $593.0K | -$56.0K | -$4.0M | $14.0K | $686.0K |
| Financing cash flow | — | — | — | — | -$174.0K | -$53.0K | -$44.0K | $4.5M | $90.0K | -$732.0K |
Figures as tagged in each year's own filing, in US dollars. A year restated by a later filing shows the restated figure. Capital expenditure, dividends and buybacks are cash out, shown positive. A line the filer does not report is not listed. Latest from accession 0001214659-26-004135.
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