New Concept Energy, Inc.(GBR)Earnings, Financials & Key Ratios
GBR•AMEX•REIT / Real Estate
$0.80
$4M mkt cap·Price updated May 6, 2026
AboutNew Concept Energy, Inc. engages in real estate rental business. The company owns approximately 190 acres of land located in Parkersburg West Virginia. It also provides advisory and management services for an independent oil and gas company. The company was formerly known as CabelTel International Corporation and changed its name to New Concept Energy, Inc. in May 2008. New Concept Energy, Inc. was founded in 1978 and is based in Dallas, Texas. New Concept Energy, Inc. is a former subsidiary of Arcadian Energy, Inc.Show more
- Revenue$146K-3.9%
- FFO-$5K+37.5%
- FFO/Share-0.00+37.5%
- FFO Payout0%
- FFO per Share-0.00+37.5%
- NOI Margin100%
- FFO Margin-3.42%+34.9%
- ROE-0.4%+13.9%
- ROA-0.39%+13.9%
- Book Value/Share0.88-0.4%
GBR Key Insights
New Concept Energy, Inc. (GBR) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓High NOI margin of 100.0%
- ✓Trading at only 0.9x book value
✗Weaknesses
- ✗Weak 3Y average ROE of 1.1%
- ✗Weak Piotroski F-Score: 3/9
- ✗FFO declining 156.0% TTM
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
GBR Price & Volume
New Concept Energy, Inc. (GBR) stock price & volume — 10-year historical chart
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GBR Growth Metrics
New Concept Energy, Inc. (GBR) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-28.8%
5 Years8.3%
3 Years13.07%
TTM4.08%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-102.63%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-781.82%
Return on Capital
10 Years-16.1%
5 Years-5.83%
3 Years-4.72%
Last Year-5.21%
GBR Peer Comparison
New Concept Energy, Inc. (GBR) competitors in Real estate owners and developers — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 REI | 411.16M | 1.98 | -0.01 | -16.15% | -113.07% | -40.18% | 12.87% | 0.51 |
 TPVG | 221.89M | 5.48 | 4.49 | 36.55% | 50.62% | 14.02% | 1.33 | |
 USEG | 37.63M | 1.11 | -2.58 | -64.34% | -195.51% | -51.91% | 0.12 | |
 CCEL | 28.84M | 3.58 | 71.60 | 2.05% | 1.26% | 12.51% | ||
 TALO | 2.66B | 15.92 | -5.65 | -9.8% | -27.88% | -20.26% | 17.08% | 0.57 |
 SD | 568.93M | 15.46 | 8.14 | 24.8% | 44.9% | 14.41% | 5.7% | |
 NRUC | 23.79 | -96.58% | 5.97% | 7% | 10.39 | |||
 AMRC | 1.63B | 30.78 | 37.08 | 9.16% | 1.59% | 2.86% | 1.73 |
Compare GBR vs Peers
New Concept Energy, Inc. (GBR) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
GBR Income Statement
New Concept Energy, Inc. (GBR) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 764K | 791K | 682K | 98K | 101K | 101K | 212K | 152K | 146K | 153K |
| Revenue Growth % | -79.98% | 3.53% | -13.78% | -85.63% | 3.06% | 0% | 109.9% | -28.3% | -3.95% | 4.08% |
| Property Operating Expenses | 1.18M | 1.03M | 844K | 61K | 0 | 0 | 0 | 0 | 0 | 14K |
| Net Operating Income (NOI) | -417K▲ 0% | -236K▲ 43.4% | -162K▲ 31.4% | 37K▲ 122.8% | 101K▲ 173.0% | 101K▲ 0.0% | 212K▲ 109.9% | 152K▼ 28.3% | 146K▼ 3.9% | 139K▲ 0% |
| NOI Margin % | -54.58% | -29.84% | -23.75% | 37.76% | 100% | 100% | 100% | 100% | 100% | 90.85% |
| Operating Expenses | 352K | 408K | 353K | 418K | 468K | 437K | 374K | 395K | 383K | 398K |
| G&A Expenses | 352K | 408K | 353K | 418K | 396K | 360K | 317K | 338K | 335K | 362K |
| EBITDA | -275K | -2.96M | -268K | -363K | -355K | -323K | -150K | -230K | -224K | -246K |
| EBITDA Margin % | -35.99% | -373.7% | -39.3% | -370.41% | -351.49% | -319.8% | -70.75% | -151.32% | -153.42% | -160.78% |
| Depreciation & Amortization | 494K | 314K | 247K | 18K | 12K | 13K | 12K | 13K | 13K | 13K |
| D&A / Revenue % | 64.66% | 39.7% | 36.22% | 18.37% | 11.88% | 12.87% | 5.66% | 8.55% | 8.9% | 8.5% |
| Operating Income | -769K▲ 0% | -3.27M▼ 325.2% | -515K▲ 84.3% | -381K▲ 26.0% | -367K▲ 3.7% | -336K▲ 8.4% | -162K▲ 51.8% | -243K▼ 50.0% | -237K▲ 2.5% | -259K▲ 0% |
| Operating Margin % | -100.65% | -413.4% | -75.51% | -388.78% | -363.37% | -332.67% | -76.42% | -159.87% | -162.33% | -169.28% |
| Interest Expense | 38K | 24K | 18K | 15K | 12K | 5K | 0 | 0 | 0 | 0 |
| Interest Coverage | -20.24x | -136.25x | -28.61x | -25.40x | -30.58x | -67.20x | - | - | - | - |
| Non-Operating Income | -851K | -53K | -268K | -456K | -343K | -411K | -343K | -222K | 0 | -43K |
| Pretax Income | 44K▲ 0% | -3.24M▼ 7465.9% | -484K▲ 85.1% | 60K▲ 112.4% | -52K▼ 186.7% | 70K▲ 234.6% | 181K▲ 158.6% | -21K▼ 111.6% | -18K▲ 14.3% | -77K▲ 0% |
| Pretax Margin % | 5.76% | -409.73% | -70.97% | 61.22% | -51.49% | 69.31% | 85.38% | -13.82% | -12.33% | -50.33% |
| Income Tax | 0 | 0 | 49K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | 0% | -10.12% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| Net Income | 48K▲ 0% | -3.25M▼ 6862.5% | -484K▲ 85.1% | -2.35M▼ 386.0% | 1.92M▲ 181.5% | 70K▼ 96.3% | 181K▲ 158.6% | -21K▼ 111.6% | -18K▲ 14.3% | -77K▲ 0% |
| Net Margin % | 6.28% | -410.37% | -70.97% | -2400% | 1897.03% | 69.31% | 85.38% | -13.82% | -12.33% | -50.33% |
| Net Income Growth % | 101.83% | -6862.5% | 85.09% | -385.95% | 181.46% | -96.35% | 158.57% | -111.6% | 14.29% | -102.63% |
| Funds From Operations (FFO) | 542K▲ 0% | -2.93M▼ 641.0% | -237K▲ 91.9% | -2.33M▼ 884.8% | 1.93M▲ 182.6% | 83K▼ 95.7% | 193K▲ 132.5% | -8K▼ 104.1% | -5K▲ 37.5% | -64K▲ 0% |
| FFO Margin % | 70.94% | -370.67% | -34.75% | -2381.63% | 1908.91% | 82.18% | 91.04% | -5.26% | -3.42% | -41.83% |
| FFO Growth % | 128.51% | -640.96% | 91.92% | -884.81% | 182.6% | -95.69% | 132.53% | -104.15% | 37.5% | -2284.44% |
| FFO per Share | 0.28 | -1.44 | -0.05 | -0.45 | 0.38 | 0.02 | 0.04 | -0.00 | -0.00 | -0.01 |
| FFO Payout Ratio % | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| EPS (Diluted) | 0.02▲ 0% | -1.59▼ 8050.0% | -0.09▲ 94.1% | -0.48▼ 409.0% | -0.04▲ 91.0% | -0.02▲ 43.2% | 0.10▲ 506.5% | -0.00▼ 104.1% | -0.00▲ 14.6% | -0.02▲ 0% |
| EPS Growth % | 101.48% | -8050% | 94.07% | -409.01% | 90.98% | 43.19% | 506.5% | -104.1% | - | -781.82% |
| EPS (Basic) | 0.02 | -1.59 | -0.09 | -0.48 | -0.04 | -0.02 | 0.10 | -0.00 | -0.00 | - |
| Diluted Shares Outstanding | 1.95M | 2.04M | 5.13M | 5.13M | 5.13M | 5.13M | 5.13M | 5.13M | 5.13M | 5.13M |
GBR Balance Sheet
New Concept Energy, Inc. (GBR) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 7.18M | 4.21M | 7.88M | 5.79M | 4.61M | 4.46M | 4.64M | 4.63M | 4.59M | 4.54M |
| Asset Growth % | -19.12% | -41.42% | 87.44% | -26.54% | -20.36% | -3.38% | 4.13% | -0.19% | -0.78% | -4.67% |
| Real Estate & Other Assets | 426K | 0 | 0 | 840K | 0 | 0 | 3.54M | 0 | 0 | 0 |
| PP&E (Net) | 6.31M | 3.38M | 3.13M | 668K | 656K | 643K | 631K | 629K | 636K | 626K |
| Investment Securities | 0 | 301K | 251K | 214K | 153K | 0 | 0 | 1000K | 1000K | 1000K |
| Total Current Assets | 438K | 522K | 4.5M | 4.07M | 3.8M | 3.81M | 466K | 459K | 372K | 334K |
| Cash & Equivalents | 113K | 419K | 361K | 22K | 27K | 252K | 436K | 447K | 363K | 307K |
| Receivables | 325K | 103K | 1000K | 1000K | 1000K | 1000K | 1000K | 0 | 0 | 0 |
| Other Current Assets | 0 | 0 | 0 | 0 | 92K | 0 | -3.51M | 12K | 9K | 27K |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Liabilities | 3.46M | 3.57M | 3.12M | 3.38M | 286K | 60K | 63K | 75K | 57K | 63K |
| Total Debt | 392K | 324K | 260K | 221K | 174K | 0 | 0 | 0 | 0 | 0 |
| Net Debt | 279K | -95K | -101K | 199K | 147K | -252K | -436K | -447K | -363K | -307K |
| Long-Term Debt | 296K | 243K | 201K | 177K | 122K | 0 | 0 | 0 | 0 | 0 |
| Short-Term Borrowings | 96K | 81K | 59K | 44K | 52K | 0 | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Current Liabilities | 393K | 556K | 150K | 290K | 164K | 60K | 63K | 75K | 57K | 63K |
| Accounts Payable | 238K | 446K | 59K | 226K | 80K | 28K | 23K | 36K | 20K | 27K |
| Deferred Revenue | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 2.77M | 2.77M | 2.77M | 2.91M | 0 | 0 | 0 | 0 | 0 | 0 |
| Total Equity | 3.72M▲ 0% | 636K▼ 82.9% | 4.76M▲ 648.6% | 2.41M▼ 49.4% | 4.33M▲ 79.5% | 4.39M▲ 1.6% | 4.58M▲ 4.1% | 4.55M▼ 0.5% | 4.54M▼ 0.4% | 4.48M▲ 0% |
| Equity Growth % | 1.31% | -82.9% | 648.58% | -49.4% | 79.54% | 1.62% | 4.12% | -0.46% | -0.4% | -4.3% |
| Shareholders Equity | 3.72M | 636K | 4.76M | 2.41M | 4.33M | 4.39M | 4.58M | 4.55M | 4.54M | 4.48M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 20K | 21K | 51K | 51K | 51K | 51K | 51K | 51K | 51K | 51K |
| Additional Paid-in Capital | 58.84M | 59M | 63.58M | 63.58M | 63.58M | 63.58M | 63.58M | 63.58M | 63.58M | 63.58M |
| Retained Earnings | -55.14M | -58.39M | -58.87M | -61.22M | -59.31M | -59.24M | -59.05M | -59.08M | -59.09M | -59.15M |
| Preferred Stock | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K | 1K |
| Return on Assets (ROA) | 0.6% | -57.03% | -8.01% | -34.41% | 36.84% | 1.54% | 3.98% | -0.45% | -0.39% | -1.69% |
| Return on Equity (ROE) | 1.3% | -149.07% | -17.94% | -65.61% | 56.91% | 1.61% | 4.04% | -0.46% | -0.4% | -1.71% |
| Debt / Assets | 5.46% | 7.71% | 3.3% | 3.82% | 3.77% | - | - | - | - | 0% |
| Debt / Equity | 0.11x | 0.51x | 0.05x | 0.09x | 0.04x | - | - | - | - | 0.00x |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 1.25x |
| Book Value per Share | 1.91 | 0.31 | 0.93 | 0.47 | 0.84 | 0.86 | 0.89 | 0.89 | 0.88 | 0.87 |
GBR Cash Flow Statement
New Concept Energy, Inc. (GBR) cash flow — operating, investing & free cash flow history
| Line item | Dec'16 | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -314K | 202K | -637K | -239K | -535K | 123K | 184K | 22K | -64K | -64K |
| Operating CF Growth % | -154.23% | 164.33% | -415.35% | 62.48% | -123.85% | 122.99% | 49.59% | -88.04% | -390.91% | -659.71% |
| Operating CF / Revenue % | -41.1% | 25.54% | -93.4% | -243.88% | -529.7% | 121.78% | 86.79% | 14.47% | -43.84% | -41.83% |
| Net Income | 48K | -3.25M | -484K | -2.35M | 1.92M | 70K | 181K | -21K | -18K | -77K |
| Depreciation & Amortization | 664K | 396K | 253K | 18K | 12K | 13K | 12K | 13K | 13K | 10K |
| Stock-Based Compensation | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Cash Items | -938K | 2.65M | 884K | 2.29M | -2.14M | 0 | 0 | 12K | 0 | 47K |
| Working Capital Changes | -88K | 401K | -406K | -190K | -325K | 40K | -9K | 18K | -59K | -83K |
| Cash from Investing | 686K | 14K | -3.96M | -56K | 593K | 276K | 0 | -11K | -20K | -20K |
| Acquisitions (Net) | 700K | 0 | 0 | 0 | 85K | 0 | 0 | 0 | 0 | 0 |
| Purchase of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Sale of Investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Investing | 738K | 24K | -3.96M | 12K | 508K | 276K | 0 | 0 | 0 | 0 |
| Cash from Financing | -732K | 90K | 4.54M | -44K | -53K | -174K | 0 | 0 | 0 | 0 |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Dividends | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Debt Issuance (Net) | -732K | -73K | -70K | -44K | -53K | -174K | 0 | 0 | 0 | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Net Change in Cash | -360K▲ 0% | 306K▲ 185.0% | -58K▼ 119.0% | -339K▼ 484.5% | 5K▲ 101.5% | 225K▲ 4400.0% | 184K▼ 18.2% | 11K▼ 94.0% | -84K▼ 863.6% | -123K▲ 0% |
| Exchange Rate Effect | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Cash at Beginning | 473K | 113K | 419K | 361K | 22K | 27K | 252K | 436K | 447K | 356K |
| Cash at End | 113K | 419K | 361K | 22K | 27K | 252K | 436K | 447K | 363K | 307K |
| Free Cash Flow | -366K▲ 0% | 192K▲ 152.5% | -637K▼ 431.8% | -307K▲ 51.8% | -535K▼ 74.3% | 123K▲ 123.0% | 184K▲ 49.6% | 11K▼ 94.0% | -84K▼ 863.6% | -123K▲ 0% |
| FCF Growth % | -272.64% | 152.46% | -431.77% | 51.81% | -74.27% | 122.99% | 49.59% | -94.02% | -863.64% | -200% |
| FCF / Revenue % | -47.91% | 24.27% | -93.4% | -313.27% | -529.7% | 121.78% | 86.79% | 7.24% | -57.53% | -80.39% |
GBR Key Ratios
New Concept Energy, Inc. (GBR) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| FFO per Share | 0.28 | -1.44 | -0.05 | -0.45 | 0.38 | 0.02 | 0.04 | -0 | -0 | -0.01 |
| FFO Payout Ratio | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% | 0% |
| NOI Margin | -54.58% | -29.84% | -23.75% | 37.76% | 100% | 100% | 100% | 100% | 100% | 90.85% |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | 1.25x |
| Debt / Assets | 5.46% | 7.71% | 3.3% | 3.82% | 3.77% | - | - | - | - | 0% |
| Interest Coverage | -20.24x | -136.25x | -28.61x | -25.40x | -30.58x | -67.20x | - | - | - | - |
| Book Value / Share | 1.91 | 0.31 | 0.93 | 0.47 | 0.84 | 0.86 | 0.89 | 0.89 | 0.88 | 0.87 |
| Revenue Growth | -79.98% | 3.53% | -13.78% | -85.63% | 3.06% | 0% | 109.9% | -28.3% | -3.95% | 4.08% |
GBR Frequently Asked Questions
New Concept Energy, Inc. (GBR) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
New Concept Energy, Inc. (GBR) reported $0.2M in revenue for fiscal year 2024. This represents a 98% decrease from $8.3M in 1995.
New Concept Energy, Inc. (GBR) saw revenue decline by 3.9% over the past year.
New Concept Energy, Inc. (GBR) reported a net loss of $0.1M for fiscal year 2024.
Dividend & Returns
New Concept Energy, Inc. (GBR) has a return on equity (ROE) of -0.4%. Negative ROE indicates the company is unprofitable.
Industry Metrics
New Concept Energy, Inc. (GBR) generated Funds From Operations (FFO) of $-0.1M in the trailing twelve months. FFO is the primary profitability metric for REITs.
Explore More GBR
New Concept Energy, Inc. (GBR) financial analysis — history, returns, DCA and operating performance tools
Total Return Calculator
Historical returns with dividends reinvested
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Dividend History
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Earnings History
EPS trends, net income & profitability
Price History
Long-term charts & historical price data
Revenue History
Sales growth patterns & revenue breakdown
Financial Ratios
30 years of market, efficiency and balance-sheet ratios
Valuation
DCF intrinsic value, peer multiples & estimates