Mentor Capital Reports $75,000 Revenue in Q2 2025, Net Loss Improves

Mentor Capital, Inc. reported its financial results for the second quarter and first half of 2025, revealing a total revenue of $75,000 for the three months ended June 30, 2025, compared to no revenue in the same period of 2024. For the six months ended June 30, 2025, the company generated $77,000 in revenue, marking a significant increase from the previous year. The gross profit for the second quarter was also $75,000, with no cost of sales reported. However, the company recorded a net loss of $216,705 for the quarter, an improvement from a net loss of $421,676 in the prior year period. For the first half of 2025, the net loss was $421,420, compared to a loss of $629,681 in the same period of 2024.

The company’s financial position showed a decrease in total assets, which fell to $2,991,038 as of June 30, 2025, down from $3,414,562 at the end of 2024. Current assets also declined significantly, primarily due to a reduction in cash and cash equivalents, which decreased to $713,424 from $2,182,121. Shareholders' equity decreased to $2,470,799, down from $2,892,219 at the end of 2024, largely attributed to the accumulated deficit, which increased to $9,448,732.

Strategically, Mentor Capital has shifted its focus back to the energy sector, acquiring three fractional, non-operating royalty interests in oil and gas properties in the Permian Basin for a total of $1,369,899 in March 2025. This acquisition is expected to generate future revenue without incurring operating costs. The company also maintains investments in gold and short-term treasury exchange-traded funds to support potential future energy acquisitions and mitigate inflation risks. The company’s operational strategy includes an opportunistic approach to acquisitions, particularly in the classic energy markets of oil, gas, coal, and uranium.

Operationally, Mentor Capital's selling, general, and administrative expenses decreased to $201,732 for the second quarter of 2025, down from $212,027 in the same quarter of 2024. The company reported a decrease in professional expenses and board fees, although there were increases in other areas such as officer salaries and amortization expenses. The company’s management continues to monitor market conditions and is focused on expanding its portfolio with revenue-generating assets. Looking ahead, Mentor Capital aims to raise additional capital through various means, including the sale of Series Q Preferred Stock and other equity securities, to support its growth initiatives and improve cash flow.