For the quarter ending 2025-11-30, LRDC made $1,598 in revenue. -$3,311,114 in net income. Net profit margin of -207203.63%.
| Income Statement | 2025-11-30 | 2025-08-31 | 2025-05-31 | 2025-02-28 |
|---|---|---|---|---|
| Revenue | 1,598 | 1,543 | 0 | 1,735 |
| Gross profit (loss) | 1,598 | 1,543 | 0 | 1,735 |
| Lease operating expense | 25,039 | 9,892 | 94,690 | 53,063 |
| General, selling and administrative expenses | 2,626,252 | 561,807 | 462,353 | 450,275 |
| Consulting and professional services | 282,181 | 121,562 | 137,356 | 97,141 |
| Impairment expense | 32,833 | - | 653,874 | - |
| Gain on sale of assets | - | - | -135,212.5* | 299,709 |
| Total operating expense | 2,966,305 | 693,261 | 1,348,273 | 600,479 |
| Operating income (loss) | -2,964,707 | -691,718 | -1,348,273 | -598,744 |
| Income from employee retention credit | 0 | - | - | - |
| Other non-operating income | - | 15,963 | 136,331.5* | - |
| Equity method income (loss) | 0 | - | - | - |
| Interest expense | 308,160 | 276,319 | 133,997 | 116,716 |
| Net loss from continuing operations | -3,272,867 | - | - | - |
| Net loss from discontinued operations | -38,247 | - | - | - |
| Net loss | -3,311,114 | -952,074 | -1,481,151 | -415,751 |
Laredo Oil, Inc. (LRDC)
Laredo Oil, Inc. (LRDC)