Mentor Capital, Inc. Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2023
August 11, 2023 at 05:24 pm EDT
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Mentor Capital, Inc. reported earnings results for the second quarter and six months ended June 30, 2023. For the second quarter, the company reported revenue was USD 2.11 million compared to USD 1.87 million a year ago. Net loss was USD 0.129246 million compared to net income of USD 0.307507 million a year ago. Basic loss per share from continuing operations was USD 0.006 compared to basic earnings per share from continuing operations of USD 0.013 a year ago. Diluted loss per share from continuing operations was USD 0.006 compared to diluted earnings per share from continuing operations of USD 0.013 a year ago.
For the six months, revenue was USD 4.28 million compared to USD 3.72 million a year ago. Net loss was USD 0.178658 million compared to net income of USD 0.214848 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to basic earnings per share from continuing operations of USD 0.009 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to diluted earnings per share from continuing operations of USD 0.009 a year ago.
Mentor Capital, Inc. is a public energy company. The Company targets the classic energy sectors of oil and gas, coal, uranium, and their related operations, with already established cash flows, especially through royalty payments. Its classic energy segment includes the fair value of securities investments in oil and gas through Exxon Mobil Corp. (XOM) stock, Occidental Petroleum Corp. (OXY) stock, and Chevron Corp. (CVX) stock, uranium through Cameco Corp. (CCJ) stock, and coal through Arch Resources, Inc. (ARCH) stock. It maintains a diverse and opportunistic acquisition focus. It also invests in its larger pre-initial public offering (IPO)-related acquisitions and fundings. Its subsidiaries include Mentor IP, LLC (MCIP), Mentor Partner I, LLC, (Partner I), Mentor Partner II, LLC (Partner II), and TWG, LLC (TWG).
MENTOR CAPITAL, INC. 
