CKX Lands | 10-Q: FY2025 Q3 Revenue: USD 232.64 K

Revenue: As of FY2025 Q3, the actual value is USD 232.64 K.

EPS: As of FY2025 Q3, the actual value is USD 0.08.

EBIT: As of FY2025 Q3, the actual value is USD 62.95 K.

Oil and Gas Segment

• Revenue: $373,131 for the nine months ended September 30, 2025, an increase from $316,986 in the same period in 2024.
• Cost of Goods Sold: $39,260 for the nine months ended September 30, 2025, compared to $36,189 in 2024.
• Gross Profit: $333,871 for the nine months ended September 30, 2025, compared to $280,797 in 2024.

Timber Segment

• Revenue: $94,825 for the nine months ended September 30, 2025, an increase from $21,158 in 2024.
• Cost of Goods Sold: $9,579 for the nine months ended September 30, 2025, compared to $15,706 in 2024.
• Gross Profit: $85,246 for the nine months ended September 30, 2025, compared to $5,452 in 2024.

Surface Segment

• Revenue: $248,803 for the nine months ended September 30, 2025, a decrease from $1,002,406 in 2024.
• Cost of Goods Sold: $7,390 for the nine months ended September 30, 2025, compared to $240 in 2024.
• Gross Profit: $241,413 for the nine months ended September 30, 2025, compared to $1,002,166 in 2024.

Cash Flow

• Net Cash Provided by Operating Activities: $336,296 for the nine months ended September 30, 2025, compared to $107,406 in 2024.
• Net Cash Provided by Investing Activities: $4,241,631 for the nine months ended September 30, 2025, compared to net cash used of $4,126,604 in 2024.
• Net Cash Used in Financing Activities: $147,614 for the nine months ended September 30, 2025, compared to $208,854 in 2024.

Future Outlook and Strategy

• Core Business Focus: The company plans to use proceeds from the sale of approximately 7,014 acres of land to strengthen its balance sheet and evaluate strategic opportunities. The transaction is expected to close in the fourth quarter of 2025.
• Non-Core Business: The company is actively marketing remaining lots in its ranchette-style subdivisions and is identifying additional undeveloped acres suitable for residential subdivisions.