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Laredo Oil Inc (LRDC) Annual Income Statement

Annual · GAAP · USD millions
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This income statement overview for Laredo Oil Inc spans from May 31 2021 to May 31 2025, showing how the company's revenues, expenses, and earnings have changed across reporting periods.
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Annual Report, GAAP in USD millions
ITEM 		(May 31 2025)
2025 		(May 31 2024) (May 31 2023) (May 31 2022) (May 31 2021)
Revenues
Total Revenue0.01
Costs & Expenses
Cost of Goods and Services Sold0.00
Gross Profit0.01
Selling, Administration, Marketing1.84
Other Operating Expense / -Income0.88
Total operating costs including COS3.33
Operating income / -loss-3.32
Interest Expense0.49
Net Interest Expense / -Income0.49
Loss / -Gain on Investment0.00
Unexpected (Gain) Loss0.00
Other loss / -income-0.63
Total costs & expenses3.19
Income & Taxes
Income / -loss before income taxes-3.18
Income after income taxes-3.18
Income / -loss from continuing operations-3.18
Net income / -loss-3.18
Income / -loss to shareholder-3.18
EBIT-2.69
EBITD-2.66
EBITDA-2.35
Earnings Per Share
Basic EPS (excl. extra items)-0.04
Basic Net EPS-0.04
Basic shares outstanding (Mill. of Units)73.61
Diluted Net EPS-0.04
Diluted average shares (Mill. of Units)73.61
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About Laredo Oil Inc Annual Income Statement

What this statement shows

This page presents issuer-reported income statement data, detailing revenue, operating costs, expenses, and earnings as disclosed in SEC 10-K filings and standardized by CSIMarket. The income statement reflects operating performance over a reporting period rather than financial position at a single date.

Revenue and expense treatment

Revenue and expense items are aligned to support period-to-period comparability. Operating and non-operating items, interest, and income taxes are classified based on issuer disclosures and XBRL tagging.

Source & verification

  • Source: SEC 10-K filings
  • Filed with the SEC: September 15, 2025
  • Original filing: lrdc-10k.htm

Income statement figures represent operating results for each reporting period and may be revised in subsequent filings.