See more : Belpointe REIT, Inc. (BELP) Income Statement Analysis – Financial Results
Complete financial analysis of Laredo Oil, Inc. (LRDC) income statement, including revenue, profit margins, EPS and key performance metrics. Get detailed insights into the financial performance of Laredo Oil, Inc., a leading company in the Oil & Gas Exploration & Production industry within the Energy sector.
You may be interested
- Iguatemi S.A. (IGTI11.SA) Income Statement Analysis – Financial Results
- AFYREN SAS (ALAFY.PA) Income Statement Analysis – Financial Results
- Third Harmonic Bio, Inc. (THRD) Income Statement Analysis – Financial Results
- INVO Bioscience, Inc. (INVO) Income Statement Analysis – Financial Results
- Next10, Inc. (NXTN) Income Statement Analysis – Financial Results
Laredo Oil, Inc. (LRDC)
About Laredo Oil, Inc.
Laredo Oil, Inc., an oil exploration and production company, engages in the acquisition and exploration of mature oil fields, and recovers stranded oil from those fields using enhanced oil recovery methods. The company was formerly known as Laredo Mining, Inc. and changed its name to Laredo Oil, Inc. in October 2009. Laredo Oil, Inc. was incorporated in 2008 and is based in Austin, Texas.
| Metric | 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 | 2010 | 2009 | 2008 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 36.48K | 0.00 | 667.61K | 4.59M | 8.15M | 8.48M | 9.36M | 9.82M | 10.90M | 8.82M | 3.47M | 2.20M | 1.58M | 0.00 | 0.00 | 0.00 | 0.00 |
| Cost of Revenue | 0.00 | 39.72K | 1.29M | 4.78M | 7.97M | 8.28M | 8.75M | 10.10M | 10.62M | 8.84M | 3.33M | 1.95M | 1.15M | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit | 36.48K | -39.72K | -618.64K | -183.35K | 176.18K | 195.98K | 613.31K | -278.05K | 272.42K | -21.55K | 145.73K | 250.10K | 435.98K | 0.00 | 0.00 | 0.00 | 0.00 |
| Gross Profit Ratio | 100.00% | 0.00% | -92.66% | -3.99% | 2.16% | 2.31% | 6.55% | -2.83% | 2.50% | -0.24% | 4.20% | 11.34% | 27.57% | 0.00% | 0.00% | 0.00% | 0.00% |
| Research & Development | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| General & Administrative | 3.37M | 773.59K | 1.58M | 499.33K | 307.05K | 308.51K | 495.31K | 656.03K | 880.05K | 1.04M | 938.33K | 849.33K | 5.47M | 1.22M | 0.00 | 0.00 | 0.00 |
| Selling & Marketing | -17.93K | 1.96M | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| SG&A | 3.35M | 2.73M | 1.58M | 499.33K | 307.05K | 308.51K | 495.31K | 656.03K | 880.05K | 1.04M | 938.33K | 849.33K | 5.47M | 1.22M | 890.30K | 14.33K | 36.00 |
| Other Expenses | 0.00 | 259.60K | 131.15K | 379.98K | 232.05K | 230.62K | 12.03K | 286.57K | 385.34K | 478.73K | 330.33K | 303.25K | 5.27M | 0.00 | 9.50K | 7.00K | 0.00 |
| Operating Expenses | 3.35M | 2.73M | 1.58M | 499.33K | 307.05K | 308.51K | 495.31K | 656.03K | 880.05K | 1.04M | 938.33K | 849.33K | 5.47M | 1.22M | 899.80K | 21.33K | 36.00 |
| Cost & Expenses | 3.37M | 2.77M | 2.87M | 5.28M | 8.28M | 8.59M | 9.24M | 10.76M | 11.50M | 9.88M | 4.26M | 2.80M | 6.61M | 1.22M | 899.80K | 21.33K | 36.00 |
| Interest Income | 0.00 | 443.22K | 136.11K | 52.23K | 36.05K | 33.60K | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Interest Expense | 510.77K | 443.22K | 136.11K | 52.23K | 36.05K | 33.60K | 31.33K | 30.38K | 28.09K | 26.46K | 27.31K | 21.52K | 25.29K | 43.19K | 21.15K | 0.00 | 0.00 |
| Depreciation & Amortization | 17.93K | 39.72K | 55.81K | 13.95K | 130.87K | 112.53K | -118.00K | 643.08K | 607.64K | 1.06M | 792.61K | 599.22K | -741.09K | -338.66K | 0.00 | 0.00 | 0.00 |
| EBITDA | -2.34M | -7.28M | -703.93K | -302.06K | -130.87K | -112.53K | -19.30K | -934.08K | -52.51K | -679.86K | -792.61K | -599.22K | -5.03M | -1.56M | -899.80K | -21.33K | -36.00 |
| EBITDA Ratio | -6,410.31% | 0.00% | -299.03% | -17.17% | -1.61% | -1.33% | 1.39% | -9.51% | -5.58% | -12.07% | -22.83% | -27.18% | -364.98% | 0.00% | 0.00% | 0.00% | 0.00% |
| Operating Income | -3.39M | -2.77M | -2.20M | -682.68K | -130.87K | -112.53K | 118.00K | -934.08K | -607.64K | -1.06M | -792.61K | -599.22K | -5.03M | -1.22M | -899.80K | -21.33K | -36.00 |
| Operating Income Ratio | -9,292.88% | 0.00% | -329.34% | -14.86% | -1.61% | -1.33% | 1.26% | -9.51% | -5.58% | -12.07% | -22.83% | -27.18% | -318.11% | 0.00% | 0.00% | 0.00% | 0.00% |
| Total Other Income/Expenses | 522.93K | -5.12M | 1.30M | 314.45K | -36.05K | -33.60K | -19.30K | -30.38K | -52.51K | 357.97K | -523.37K | -88.52K | 715.80K | 295.47K | -21.15K | 0.00 | 0.00 |
| Income Before Tax | -2.87M | -3.11M | -895.85K | -368.24K | -166.92K | -146.13K | 98.71K | -964.46K | -660.15K | -706.32K | -1.32M | -687.75K | -4.31M | -928.14K | -920.95K | 0.00 | 0.00 |
| Income Before Tax Ratio | -7,859.49% | 0.00% | -134.19% | -8.02% | -2.05% | -1.72% | 1.05% | -9.82% | -6.06% | -8.01% | -37.90% | -31.19% | -272.84% | 0.00% | 0.00% | 0.00% | 0.00% |
| Income Tax Expense | 0.00 | 346.55K | -1.29M | -67.39K | 36.05K | -112.53K | 31.33K | -643.08K | -579.55K | -1.04M | -765.29K | -577.71K | 25.29K | 43.19K | 0.00 | 21.33K | 36.00 |
| Net Income | -2.87M | -3.11M | 396.55K | -300.85K | -202.97K | -146.13K | 98.71K | -964.46K | -660.15K | -706.32K | -1.32M | -687.75K | -4.31M | -928.14K | -920.95K | -21.33K | -36.00 |
| Net Income Ratio | -7,859.49% | 0.00% | 59.40% | -6.55% | -2.49% | -1.72% | 1.05% | -9.82% | -6.06% | -8.01% | -37.90% | -31.19% | -272.84% | 0.00% | 0.00% | 0.00% | 0.00% |
| EPS | -0.04 | -0.05 | 0.01 | -0.01 | 0.00 | 0.00 | 0.00 | -0.02 | -0.01 | -0.01 | -0.02 | -0.01 | -0.08 | -0.02 | -0.02 | 0.00 | 0.00 |
| EPS Diluted | -0.04 | -0.05 | 0.01 | -0.01 | 0.00 | 0.00 | 0.00 | -0.02 | -0.01 | -0.01 | -0.02 | -0.01 | -0.08 | -0.02 | -0.02 | 0.00 | 0.00 |
| Weighted Avg Shares Out | 69.26M | 57.07M | 54.51M | 54.51M | 54.51M | 54.51M | 54.51M | 54.51M | 54.45M | 53.69M | 53.61M | 53.41M | 52.41M | 51.46M | 42.64M | 18.75M | 18.75M |
| Weighted Avg Shares Out (Dil) | 69.26M | 57.07M | 54.51M | 54.51M | 54.51M | 54.51M | 54.51M | 54.51M | 54.45M | 53.69M | 53.61M | 53.41M | 52.41M | 51.46M | 42.64M | 18.75M | 18.75M |
Laredo Oil Raises $750,000 in Private Offering of Unregistered Common Shares
AUSTIN, Texas , Oct. 9, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), an oil exploration and production company with over 30,000 net acres of mineral rights located north of the Fort Peck reservation in Montana has...
Laredo Oil Announces that Texakoma Exercised its Option to Drill Eight Additional Wells under Existing Development Agreement
AUSTIN, Texas , March 14, 2024 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), announces that Texakoma Exploration and Production, LLC ("Texakoma") exercised its option to drill the next eight wells under its agreement with Lustre Oil...
Laredo Oil, Inc. Announces Agreement to Settle Litigation with A&S Minerals Development Company, LLC
AUSTIN, Texas , March 11, 2024 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Lustre Oil Company LLC ("Lustre"), a wholly owned subsidiary of the Company, has entered into a...
Laredo Oil, Inc. Announces Agreement to Drill Up to Three Wells in Montana
AUSTIN, Texas , Jan. 22, 2024 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company (the "Company"), today announced that Hell Creek Crude, LLC ("HCC"), a wholly owned subsidiary of the Company, has entered into...
Laredo Oil, Inc. Announces Discovery of Free Oil in Connection with Agreement with Texakoma Exploration and Production
AUSTIN, Texas , Dec. 5, 2023 /PRNewswire/ -- Laredo Oil, Inc. (OTC Pink Sheets: LRDC), an exploration and production company ("Laredo Oil") today announced the discovery of "free oil" in the second of two wells drilled by Texakoma Exploration and Production,...
Laredo Oil, Inc. Announces Promising Results from Drilling Under Agreement with Texakoma Exploration and Production
AUSTIN, Texas , Nov. 17, 2023 /PRNewswire/ -- Laredo Oil, Inc. ("Laredo Oil") (OTC Pink Sheets: LRDC), today announced that drilling has encountered free oil and drill cutting oil shows from the main target zone in the first of two exploratory...
Source: https://incomestatements.info
Category: Stock Reports