CKX Lands | 10-Q: FY2025 Q2 Revenue: USD 484.12 K

LB filings
2025.08.08 16:24
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Revenue: As of FY2025 Q2, the actual value is USD 484.12 K.

EPS: As of FY2025 Q2, the actual value is USD 0.14.

EBIT: As of FY2025 Q2, the actual value is USD 439.96 K.

Oil and Gas Segment

  • Revenue: $57,488 for Q2 2025, down from $161,148 in Q2 2024. For the six months ended June 30, 2025, revenue was $325,996, up from $243,648 in the same period in 2024.
  • Costs: $12,893 for Q2 2025, up from $12,867 in Q2 2024. For the six months ended June 30, 2025, costs were $33,603, up from $23,233 in the same period in 2024.
  • Gross Profit: $44,595 for Q2 2025, down from $148,281 in Q2 2024. For the six months ended June 30, 2025, gross profit was $292,393, up from $220,415 in the same period in 2024.

Timber Segment

  • Revenue: $0 for Q2 2025 and Q2 2024. For the six months ended June 30, 2025, revenue was $0, down from $2,275 in the same period in 2024.
  • Costs: $972 for Q2 2025, down from $4,838 in Q2 2024. For the six months ended June 30, 2025, costs were $4,745, down from $8,821 in the same period in 2024.
  • Gross Profit: -$972 for Q2 2025, down from -$4,838 in Q2 2024. For the six months ended June 30, 2025, gross profit was -$4,745, down from -$6,546 in the same period in 2024.

Surface Segment

  • Revenue: $78,448 for Q2 2025, down from $866,286 in Q2 2024. For the six months ended June 30, 2025, revenue was $158,123, down from $923,360 in the same period in 2024.
  • Costs: $0 for Q2 2025 and Q2 2024. For the six months ended June 30, 2025, costs were $0, unchanged from the same period in 2024.
  • Gross Profit: $78,448 for Q2 2025, down from $866,286 in Q2 2024. For the six months ended June 30, 2025, gross profit was $158,123, down from $923,360 in the same period in 2024.

Consolidated Financial Metrics

  • Total Revenue: $135,936 for Q2 2025, down from $1,027,434 in Q2 2024. For the six months ended June 30, 2025, total revenue was $484,119, down from $1,169,283 in the same period in 2024.
  • Total Costs: $13,865 for Q2 2025, down from $17,705 in Q2 2024. For the six months ended June 30, 2025, total costs were $38,348, down from $32,054 in the same period in 2024.
  • Gross Profit: $122,071 for Q2 2025, down from $1,009,729 in Q2 2024. For the six months ended June 30, 2025, gross profit was $445,771, down from $1,137,229 in the same period in 2024.
  • Net Income: $161,042 for Q2 2025, down from $565,278 in Q2 2024. For the six months ended June 30, 2025, net income was $276,615, up from $163,949 in the same period in 2024.
  • Operating Cash Flow: $94,026 for the six months ended June 30, 2025, down from $353,909 in the same period in 2024.
  • Free Cash Flow: Net cash provided by investing activities was $4,100,527 for the six months ended June 30, 2025, up from $175,067 in the same period in 2024.

Future Outlook and Strategy

  • Core Business Focus: The company plans to continue managing its land and timber assets actively while seeking additional real estate acquisitions in Louisiana, focusing on timberland and agricultural land.
  • Non-Core Business: The company is exploring strategic alternatives, including potential acquisitions, business combinations, and asset dispositions to enhance shareholder value. Discussions with potential counterparties are ongoing.
  • Priority: The company aims to partition its undivided interests in co-owned lands to maximize shareholder value, either through negotiation or court partition if necessary.