Provides advisory services to oil and gas companies.
Jun 2026Revenue $157K/yrExpenses $451K/yr
No trendCash runway ≈ 5.8 years from Jun 2026
Figures by year
When will New Concept Energy be profitable?
Its figures don’t show a steady enough trend to project a date. In the 12 months to Jun 2026, revenue was $157K and expenses $451K.
| Fiscal year to | Revenue | Expenses | Operating profit |
|---|---|---|---|
| Dec 2025 | $155K | $420K | −$265K |
| Dec 2024 | $146K | $383K | −$237K |
| Dec 2023 | $152K | $395K | −$243K |
| Dec 2022 | $212K | $374K | −$162K |
| Dec 2021 | $101K | $437K | −$336K |
| Dec 2020 | $101K | $468K | −$367K |
| Dec 2019 | $98.0K | $479K | −$381K |
| Dec 2018 | $123K | $418K | −$295K |
| Dec 2017 | $791K | $4.06M | −$3.27M |
| Dec 2016 | $764K | $1.53M | −$769K |
When the cash runs out, on the chart. A red line at the date the company’s cash would run out at its latest burn, so you can see whether it gets to break-even first. Part of a subscription.