Announcement • Jun 24
New Concept Energy, Inc., Annual General Meeting, Jul 24, 2026 New Concept Energy, Inc., Annual General Meeting, Jul 24, 2026. Location: at 1603 lbj freeway, suite 800, dallas, texas 75234 United States Reported Earnings • May 11
First quarter 2026 earnings released: US$0.003 loss per share (vs US$0.004 loss in 1Q 2025) First quarter 2026 results: US$0.003 loss per share (improved from US$0.004 loss in 1Q 2025). Net loss: US$14.0k (loss narrowed 30% from 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 93 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 04
Full year 2025 earnings released: US$0.009 loss per share (vs US$0.004 loss in FY 2024) Full year 2025 results: US$0.009 loss per share (further deteriorated from US$0.004 loss in FY 2024). Net loss: US$46.0k (loss widened 156% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 108 percentage points per year, which is a significant difference in performance. New Risk • Mar 03
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 34% per year over the past 5 years. Revenue is less than US$1m (US$153k revenue). Market cap is less than US$10m (US$4.23m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Nov 14
Third quarter 2025 earnings released: US$0.004 loss per share (vs US$0.001 loss in 3Q 2024) Third quarter 2025 results: US$0.004 loss per share (further deteriorated from US$0.001 loss in 3Q 2024). Net loss: US$20.0k (loss widened 400% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Announcement • Oct 27
New Concept Energy, Inc., Annual General Meeting, Nov 19, 2025 New Concept Energy, Inc., Annual General Meeting, Nov 19, 2025. Location: 1603 lbj freeway, suite 800, texas 75234., dallas United States Reported Earnings • Aug 14
Second quarter 2025 earnings released: US$0.004 loss per share (vs US$0.001 profit in 2Q 2024) Second quarter 2025 results: US$0.004 loss per share (down from US$0.001 profit in 2Q 2024). Net loss: US$18.0k (down US$21.0k from profit in 2Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. New Risk • Jun 17
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 16% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.4% per year over the past 5 years. Revenue is less than US$1m (US$148k revenue). Market cap is less than US$10m (US$6.47m market cap). Minor Risk Share price has been volatile over the past 3 months (16% average weekly change). New Risk • May 16
New major risk - Revenue and earnings growth Earnings have declined by 4.4% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 4.4% per year over the past 5 years. Revenue is less than US$1m (US$148k revenue). Market cap is less than US$10m (US$4.72m market cap). Reported Earnings • Mar 21
Full year 2024 earnings released: US$0.004 loss per share (vs US$0.004 loss in FY 2023) Full year 2024 results: US$0.004 loss per share (in line with FY 2023). Net loss: US$18.0k (loss narrowed 14% from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 39 percentage points per year, which is a significant difference in performance. Reported Earnings • Nov 15
Third quarter 2024 earnings released: US$0.001 loss per share (vs US$0.001 profit in 3Q 2023) Third quarter 2024 results: US$0.001 loss per share (down from US$0.001 profit in 3Q 2023). Net loss: US$4.0k (down 157% from profit in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 61% per year but the company’s share price has only fallen by 27% per year, which means it has not declined as severely as earnings. Announcement • Nov 09
New Concept Energy, Inc., Annual General Meeting, Dec 04, 2024 New Concept Energy, Inc., Annual General Meeting, Dec 04, 2024. Location: 1603 lbj freeway, suite 800, texas 75234, dallas, United States Announcement • Oct 18
New Concept Energy, Inc. Selects Robert C. Canham II as Director New Concept Energy, Inc. announced that On October 7, 2024, the remaining members of the Board of Directors of the Company selected Robert C. Canham II, age 75, as a director effective October 16, 2024, to fill a vacancy on the Board of Directors created by the August 15, 2024 resignation of Raymond D. Roberts, Sr. Mr. Canham who is based in Greensboro, North Carolina is, and has been for more than the past twenty years, the President and part owner of Sunchase American, LTD., a Regional Apartment Management Company with properties under management primarily concentrated in the Southeastern U.S., including Arkansas, Florida, Texas and surrounding states and areas. Announcement • Aug 27
New Concept Energy, Inc. Announces Resignation of Raymond D. Roberts, Sr. as Director and from All Board Committees On August 15, 2024, Raymond D. Roberts, Sr. resigned as a Director and from all Board Committees of New Concept Energy, Inc. Mr. Roberts, age 92, had been a Director of the Company since June 17, 2015 when he was originally elected to the Board to fill a vacancy. Mr. Roberts is retired. For more than five years prior to December 31, 2014, he was Director of Aviation of Stellar Aviation, Inc., a privately held Nevada corporation, engaged in the business of aircraft and logistical management. At the time of his resignation as a Director of the Company, Mr. Roberts advised that he had no disagreement with the Registrant on any matter relating to the Registrant's operations, policies or practices. Mr. Roberts has certain health issues, which he and his family are addressing. After giving effect to the resignation of Mr. Roberts, the Board of Directors of the Company continues to have a majority of independent directors who also constitute the Audit Committee, the Compensation Committee, and the Governance and Nominating Committee of the Board of Directors. Reported Earnings • Aug 15
Second quarter 2024 earnings released: EPS: US$0.001 (vs US$0.001 loss in 2Q 2023) Second quarter 2024 results: EPS: US$0.001 (up from US$0.001 loss in 2Q 2023). Net income: US$3.0k (up US$9.0k from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 54% per year but the company’s share price has only fallen by 21% per year, which means it has not declined as severely as earnings. Reported Earnings • May 10
First quarter 2024 earnings released: EPS: US$0 (vs US$0.003 in 1Q 2023) First quarter 2024 results: EPS: US$0 (down from US$0.003 in 1Q 2023). Net income: US$2.0k (down 88% from 1Q 2023). Over the last 3 years on average, earnings per share has fallen by 34% per year whereas the company’s share price has fallen by 33% per year. New Risk • Apr 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of American stocks, typically moving 11% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (US$152k revenue). Market cap is less than US$10m (US$7.39m market cap). Minor Risk Share price has been volatile over the past 3 months (11% average weekly change). Reported Earnings • Apr 02
Full year 2023 earnings released: US$0.004 loss per share (vs US$0.035 profit in FY 2022) Full year 2023 results: US$0.004 loss per share (down from US$0.035 profit in FY 2022). Net loss: US$21.0k (down 112% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has fallen by 40% per year, which means it is significantly lagging earnings. New Risk • Nov 11
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 128% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (US$172k revenue). Market cap is less than US$10m (US$5.75m market cap). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (17% net profit margin). Announcement • Nov 10
New Concept Energy, Inc., Annual General Meeting, Dec 13, 2023 New Concept Energy, Inc., Annual General Meeting, Dec 13, 2023, at 10:30 Central Standard Time. Location: 1603 LBJ Freeway, Suite 800 Dallas Texas United States Agenda: To consider Election of a Board of five directors to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified; to consider ratification of the selection of Swalm & Associates, P.C. as the independent registered public accounting firm; and to consider Such other matters as may properly be presented at the Annual Meeting. Board Change • Nov 01
Insufficient new directors No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 2 experienced directors. 3 highly experienced directors. Director Dic Humphrey was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. New Risk • Aug 09
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 25% Last year net profit margin: 66% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risks Revenue is less than US$1m (US$200k revenue). Market cap is less than US$10m (US$5.49m market cap). Minor Risk Profit margins are more than 30% lower than last year (25% net profit margin). Reported Earnings • Aug 08
Second quarter 2023 earnings released: US$0.001 loss per share (vs US$0.027 profit in 2Q 2022) Second quarter 2023 results: US$0.001 loss per share (down from US$0.027 profit in 2Q 2022). Revenue: US$35.0k (down 26% from 2Q 2022). Net loss: US$6.0k (down 104% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 62% per year but the company’s share price has fallen by 11% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jun 07
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$1.06, the stock trades at a trailing P/E ratio of 28.2x. Average trailing P/E is 5x in the Oil and Gas industry in the US. Total loss to shareholders of 3.6% over the past three years. Reported Earnings • May 12
First quarter 2023 earnings released: EPS: US$0.003 (vs US$0.001 in 1Q 2022) First quarter 2023 results: EPS: US$0.003 (up from US$0.001 in 1Q 2022). Revenue: US$45.0k (flat on 1Q 2022). Net income: US$17.0k (up 240% from 1Q 2022). Profit margin: 38% (up from 11% in 1Q 2022). Over the last 3 years on average, earnings per share has increased by 87% per year but the company’s share price has only increased by 8% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 03
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to US$1.27, the stock trades at a trailing P/E ratio of 35.9x. Average trailing P/E is 6x in the Oil and Gas industry in the US. Total returns to shareholders of 36% over the past three years. Reported Earnings • Mar 22
Full year 2022 earnings released: EPS: US$0.035 (vs US$0.014 in FY 2021) Full year 2022 results: EPS: US$0.035 (up from US$0.014 in FY 2021). Revenue: US$212.0k (up 110% from FY 2021). Net income: US$181.0k (up 159% from FY 2021). Profit margin: 85% (up from 69% in FY 2021). Over the last 3 years on average, earnings per share has increased by 72% per year but the company’s share price has only increased by 19% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 21
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to US$1.13, the stock trades at a trailing P/E ratio of 48.3x. Average trailing P/E is 7x in the Oil and Gas industry in the US. Total returns to shareholders of 4.9% over the past three years. Valuation Update With 7 Day Price Move • Feb 06
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to US$1.44, the stock trades at a trailing P/E ratio of 61.6x. Average trailing P/E is 7x in the Oil and Gas industry in the US. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Dec 06
Investor sentiment deteriorated over the past week After last week's 18% share price decline to US$1.16, the stock trades at a trailing P/E ratio of 49.6x. Average trailing P/E is 7x in the Oil and Gas industry in the US. Total loss to shareholders of 20% over the past three years. Reported Earnings • Nov 16
Third quarter 2022 earnings released: EPS: US$0.005 (vs US$0.002 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.005 (up from US$0.002 loss in 3Q 2021). Revenue: US$63.0k (up 152% from 3Q 2021). Net income: US$27.0k (up US$35.0k from 3Q 2021). Profit margin: 43% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Reported Earnings • Nov 12
Third quarter 2022 earnings released: EPS: US$0.005 (vs US$0.002 loss in 3Q 2021) Third quarter 2022 results: EPS: US$0.005 (up from US$0.002 loss in 3Q 2021). Revenue: US$63.0k (up 152% from 3Q 2021). Net income: US$27.0k (up US$35.0k from 3Q 2021). Profit margin: 43% (up from net loss in 3Q 2021). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Announcement • Oct 19
New Concept Energy, Inc., Annual General Meeting, Nov 10, 2022 New Concept Energy, Inc., Annual General Meeting, Nov 10, 2022, at 11:30 Central Standard Time. Location: 1603 LBJ Freeway, Suite 800, Dallas, Texas 75234 Dallas Texas United States Agenda: To consider Election of a Board of five directors to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified; to consider Ratification of the selection of Swalm & Associates, P.C. as the independent registered public accounting firm; and to consider Such other matters as may properly be presented at the Annual Meeting. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment deteriorated over the past week After last week's 20% share price decline to US$1.31, the stock trades at a trailing P/E ratio of 79.1x. Average trailing P/E is 9x in the Oil and Gas industry in the US. Total loss to shareholders of 9.7% over the past three years. Valuation Update With 7 Day Price Move • Sep 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to US$1.29, the stock trades at a trailing P/E ratio of 77.9x. Average trailing P/E is 9x in the Oil and Gas industry in the US. Total loss to shareholders of 25% over the past three years. Reported Earnings • Aug 12
Second quarter 2022 earnings released: EPS: US$0.027 (vs US$0.01 in 2Q 2021) Second quarter 2022 results: EPS: US$0.027 (up from US$0.01 in 2Q 2021). Revenue: US$47.0k (up 81% from 2Q 2021). Net income: US$137.0k (up 180% from 2Q 2021). Over the last 3 years on average, earnings per share has increased by 80% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Reported Earnings • May 13
First quarter 2022 earnings released: EPS: US$0.001 (vs US$0.015 in 1Q 2021) First quarter 2022 results: EPS: US$0.001 (down from US$0.015 in 1Q 2021). Net income: US$5.0k (down 94% from 1Q 2021). Over the last 3 years on average, earnings per share has increased by 100% per year but the company’s share price has fallen by 1% per year, which means it is significantly lagging earnings. Announcement • Nov 21
New Concept Energy, Inc., Annual General Meeting, Dec 16, 2020 New Concept Energy, Inc., Annual General Meeting, Dec 16, 2020, at 10:30 Central Standard Time. Location: 1603 LBJ Freeway, Suite 800 Dallas Texas United States Agenda: To consider the election of a Board of five directors to serve until the next Annual Meeting of Stockholders and until their successors are duly elected and qualified; to consider the ratification of the selection of Swalm & Associates, P.C. as the independent registered public accounting firm; and to consider the such other matters as may properly be presented at the Annual Meeting. Announcement • Oct 11
New Concept Energy, Inc. Appoints Richard W. Humphrey to its Board of Directors On October 8, 2020, the Board of Directors of New Concept Energy, Inc. appointed Richard W. Humphrey to a vacancy on the Board of Directors, effective October 9, 2020. The vacancy was created by the expansion of the Board from four to five members. Mr. Humphrey has been, for more than the past five years, Vice President of Regis Realty Prime, LLC, involved in sales and acquisitions of real estate properties. From 1976 to 1979, he was also a part-time faculty member at Southern Methodist University Cox School of Business in Dallas, teaching real estate classes in undergraduate and graduate school. 
