SequelSEC

Laredo Oil, Inc. LRDC

Crude Petroleum & Natural Gas · CIK 0001442492 · Fiscal year ends 0531

AnnualQuarterlyTTM
Revenue
$0
Fiscal year ended 2026-05-31
Operating income
-$2.34M
Fiscal year ended 2026-05-31
Free cash flow
Unavailable
Fiscal year ended 2026-05-31

Valuation, from the filing

Public float$17.10MMarket value of stock held by non-affiliates, as stated on the cover page for 2024-11-30
Float per share$0.23Float divided by shares outstanding in the same filing. A floor under the share price on that date, not the price itself.
Float / revenue1814.7×A lower bound on the multiple, because affiliate holdings are excluded.

Every figure here is drawn from the 10-K cover page and the statements behind it, so each one traces to a filing. Public float counts only stock held by non-affiliates, which makes these floors rather than estimates: a high multiple is conclusive, a low one may mean cheap or may mean closely held. The float was measured on 2024-11-30, not today, and each multiple below it uses the figures for the fiscal year ending 2025-05-31 — the year that filing covered.

How this compares in its industry

Percentile among the Crude Petroleum & Natural Gas filers on this site, highest value first. A high percentile means a large figure, which is good for a margin and not for leverage — the ranking says where the company sits, not whether that is where it should be.

MeasureReportedPercentile
Net margin-253794.0%0th
Operating margin-224337.2%0th
Revenue YoY growth-66.7%3th
Current ratio0.04x4th
Gross margin100.0%89th

Laredo Oil, Inc. (LRDC) reported revenue of $0 and net income of -$2.49M for the fiscal year ended 2026-05-31. This page shows 10 annual periods of income statement, balance sheet and cash flow figures normalized from Laredo Oil, Inc.’s SEC filings, each linked to the filing it came from. It is classified by the SEC under Crude Petroleum & Natural Gas.

Income

Laredo Oil, Inc. income by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Revenue$0$0$1.60K$1.54K$0$1.74K$1.64K$6.05K$23.78K$12.70K
Cost of revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross profit$0$0$1.60K$1.54K$0$1.74K$1.64K$6.05K$23.78K$12.70K
Operating income-$2.34M-$1.07M-$2.96M-$677.78K-$617.81K-$608.13K-$701.75K-$664.31K-$618.27K-$550.61K
Net income-$2.49M-$1.22M-$3.31M-$952.07K-$1.48M-$415.75K-$815.72K-$469.25K-$727.21K-$266.86K
Research & developmentUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Weighted-average diluted sharesUnavailableUnavailableUnavailableshares 74.87MUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Pretax incomeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Income tax expenseUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Diluted EPSUnavailableUnavailableUnavailable$-0.01UnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling, general & administrative$1.12M$631.01K$2.63M$557.07K$460.33K$459.66K$452.97K$464.22K$474.80K$463.31K
General & administrativeUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Selling & marketingUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Balance

Laredo Oil, Inc. balance by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Cash & equivalents$420.68K$264.17K$534.99K$232.24K$63.29K$27.84K$6.83K$105.58K$127.13K$2.28K
Total assets$1.21M$1.42M$1.70M$1.60M$1.45M$5.47M$4.94M$4.67M$2.80M$2.93M
Current assets$492.04K$351.80K$632.00K$476.30K$298.52K$1.68M$1.93M$2.03M$2.02M$2.33M
Total liabilities$14.14M$15.65M$14.97M$14.94M$14.02M$17.35M$16.45M$15.90M$13.99M$13.53M
Current liabilities$13.22M$14.72M$14.02M$13.84M$12.91M$16.26M$15.35M$14.79M$12.95M$12.47M
Total equity incl. NCI-$12.93M-$14.24M-$13.26M-$13.34M-$12.57M-$11.88M-$11.51M-$11.23M-$11.19M-$10.60M
Temporary (mezzanine) equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
InventoryUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts receivableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
GoodwillUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debtUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Accounts payable$2.81M$2.28M$2.13M$2.12M$2.03M$2.45M$2.59M$2.56M$2.30M$2.38M

Cash flow

Laredo Oil, Inc. cash flow by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Operating cash flow-$1.36M-$253.28K-$707.62K-$805.42K$180.38K-$894.89K-$445.95K-$252.91K-$109.88K-$197.91K
Capital expendituresUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Investing cash flow$0UnavailableUnavailableUnavailable-$725.64K-$62.12K$1.75M-$1.76M$87.22K-$29.88K
Financing cash flow$1.52MUnavailableUnavailable$992.76K-$758.80K$334.58K$848.81K$1.96M$117.88K$2.08M
Net change in cashUnavailableUnavailableUnavailable$139.53K-$1.27M-$340.83K-$51.38K-$54.88K$95.23K$1.86M
Stock-based compensation$229.77K$22.90K$2.03MUnavailableUnavailableUnavailableUnavailableUnavailable$0$146.67K
Common dividends paidUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Common share repurchasesUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Depreciation & amortizationUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Derived

Laredo Oil, Inc. derived by fiscal year, in US dollars, normalized from SEC filings.
Metric2026-05-312026-02-282025-11-302025-08-312025-05-312025-02-282024-11-302024-08-312024-05-312024-02-29
Free cash flowUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Gross marginUnavailableUnavailable100.0%100.0%Unavailable100.0%100.0%100.0%100.0%100.0%
Operating marginUnavailableUnavailable-185526.1%-43926.2%Unavailable-35050.8%-42789.9%-10984.0%-2599.8%-4335.1%
FCF marginUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
SBC / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable0.0%Unavailable
Current ratio0.04x0.02x0.05x0.03x0.02x0.10x0.13x0.14x0.16x0.19x
Revenue YoY growthUnavailable-100.0%-2.6%-74.5%-100.0%-86.3%UnavailableUnavailableUnavailableUnavailable
Net marginUnavailableUnavailableUnavailable-61702.8%Unavailable-23962.6%UnavailableUnavailable-3057.9%-2101.1%
R&D / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
CapEx / revenueUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Long-term debt / equityUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable
Effective tax rateUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailableUnavailable

Amounts are abbreviated; the exact reported value is carried in each cell. — means unavailable, not zero. Open LRDC in the interactive workspace to inspect any figure back to its filing.

Source filings

10-Q · Filed 2026-10-15View SEC filing
10-K/A · Filed 2026-09-30View SEC filing
10-K · Filed 2026-09-14View SEC filing
10-Q · Filed 2026-04-14View SEC filing
10-Q · Filed 2026-01-20View SEC filing
10-Q · Filed 2025-10-20View SEC filing

Companies in the same industry

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Reconciliation checks needing review

3 periods on this page do not reconcile under this site’s normalization. Read that as a limitation here before an observation about the company: the figures are the filer’s own, the filings linked above are authoritative, and a difference usually means the concepts this site selected do not match how this filer presents its statements. Nothing is adjusted to make a check pass.

balance equationinconsistent2022-08-31

Withheld: assets, equity, liabilities could not be reconciled with the rest of this filer’s statement.

gross profit bridgeinconsistent2022-08-31

Withheld: cost revenue, revenue could not be reconciled with the rest of this filer’s statement.

cash flow reconciliationreview2024-11-30

Operating, investing and financing flows differ from the reported change in cash by 2204526, beyond tolerance 1000000.