Mentor Capital, Inc. Reports Earnings Results for the Third Quarter and Nine Months Ended September 30, 2023
November 13, 2023 at 02:51 pm EST
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Mentor Capital, Inc. reported earnings results for the third quarter and nine months ended September 30, 2023. For the third quarter, the company reported revenue was USD 2.15 million compared to USD 1.93 million a year ago. Net loss was USD 0.173163 million compared to USD 0.238824 million a year ago. Basic loss per share from continuing operations was USD 0.008 compared to USD 0.01 a year ago. Diluted loss per share from continuing operations was USD 0.008 compared to USD 0.01 a year ago.
For the nine months, revenue was USD 6.43 million compared to USD 5.65 million a year ago. Net loss was USD 0.351821 million compared to USD 0.023976 million a year ago. Basic loss per share from continuing operations was USD 0.015 compared to USD 0.001 a year ago. Diluted loss per share from continuing operations was USD 0.015 compared to USD 0.001 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. 
