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Laredo Oil, Inc. LRDC
OTC · OOTC · stock · Crude Petroleum & Natural Gas · website · IPO 2009-11-05
Laredo Oil, Inc. financials (annual, from 10-K)
Bars are annual figures from 2016 to 2025; red bars are negative (a loss or cash outflow).
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $9,423 | $36,482 | $0 | $667,608 | $4.6M | $8.1M | $8.5M | $9.4M | $9.8M | $10.9M |
| Gross profit | $9,423 | $36,482 | — | -$618,636 | -$183,350 | $176,182 | $195,978 | $613,312 | -$278,046 | $272,415 |
| R&D expense | — | — | — | $1.5M | — | — | — | — | — | — |
| SG&A expense | $1.8M | $2.9M | $2.0M | $1.2M | $119,350 | $75,000 | $77,894 | $300,084 | $369,466 | $494,715 |
| Operating income | -$3.3M | -$3.4M | -$2.8M | -$2.2M | -$682,682 | -$130,866 | -$112,531 | $118,003 | -$934,080 | -$607,639 |
| Interest expense | $489,265 | $510,765 | $443,219 | $136,112 | $52,231 | $36,050 | $33,596 | $31,330 | $30,382 | $28,085 |
| Income tax | — | — | — | — | $0 | $0 | $0 | $0 | $0 | $0 |
| Net income | -$3.2M | -$2.9M | -$3.1M | -$895,847 | -$368,236 | -$166,916 | -$146,127 | $98,707 | -$964,462 | -$660,148 |
| Operating cash flow | -$1.6M | -$632,542 | -$1.6M | -$1.2M | -$1.2M | $9,296 | $183,248 | -$224,373 | -$63,253 | $308,102 |
| Free cash flow | — | — | -$1.6M | -$1.3M | — | — | — | — | — | — |
| Cash & equivalents | $63,294 | $127,126 | $13,754 | — | $1.2M | $1.5M | $289,559 | $106,311 | $330,684 | $393,937 |
| Total assets | $1.4M | $2.8M | $5.1M | $3.7M | $2.8M | $1.6M | $357,100 | $266,416 | $377,879 | $440,230 |
| Total liabilities | $14.0M | $14.0M | $10.2M | $6.5M | $5.0M | $3.5M | $2.1M | $1.8M | $2.3M | $1.8M |
| Shareholders' equity | -$12.6M | -$11.2M | -$9.8M | -$2.8M | -$2.2M | -$1.9M | -$1.7M | -$1.6M | -$1.9M | -$1.3M |
Growth · year-over-year · Revenue CAGR -54.3%
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 | FY2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue growth | -74.2% | — | -100.0% | -85.5% | -43.6% | -3.9% | -9.4% | -4.7% | -9.9% | +23.6% |
| Net income growth | — | — | — | — | — | — | -248.0% | — | — | — |
Each column is the change versus the prior fiscal year. Growth off a negative or zero base is shown as “—”. CAGR is the compound annual revenue growth across the years shown.
Source: SEC EDGAR filings · CIK 0001442492 · as of 2025-05-31. Facts from filings plus Stocktoria's own computed scores — not investment advice.