LAREDO OIL (LRDC) Financials
A multiple compares the market's price with a filed figure; it says what the market pays, not how the business is doing. The market capitalization is the vendor's as of Oct 26, 2026; every other figure is from the SEC filings on this page. Not financial advice.
Newest figures come from the 10-Q for Q1 FY2027, filed Oct 15, 2026. Each column of the statement tables below links to the filing it was taken from, and every filing is listed on the LRDC SEC filings page.
LAREDO OIL INC (LRDC) reported $3K in revenue for fiscal year 2026, down 66.7% from the prior fiscal year. This page shows its income statement, balance sheet, cash flow statement, and key financial ratios. View 15 years of annual fundamentals and quarterly data, with year-over-year growth rates and compound annual growth rates (CAGR). All figures are derived from SEC filings (10-K and 10-Q reports).
Laredo's reported revenue has nearly vanished, while liabilities remain above $14.1M and operating cash outflow reaches $3.1M .
From FY2024 to FY2026, revenue fell-91.4% while selling, general and administrative costs rose70.2% , showing that the cost base did not contract with reported activity. Cash reinforces the mismatch: FY2026 operating cash flow was-$3.1M versus-$1.4M in FY2025.
At FY2026, liabilities of
FY2026 operating cash flow of
Financial Health Signals
LAREDO OIL INC does not currently provide enough eligible data for a peer-relative financial health score, so none is published. The signals and metrics below are current.
LAREDO OIL INC passes 1 of 5 computable financial strength tests (4 of the nine could not be computed from available data). No profitability signals pass, 1 of 2 leverage/liquidity signals pass, neither operating efficiency signal passes.
Key Financial Metrics
Earnings & Revenue
LAREDO OIL INC's EBITDA was -$1.5M in Q1 2027, measuring earnings before interest, taxes, depreciation, and amortization. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
LAREDO OIL INC reported a net loss of $1.6M in Q1 2027. The change from the same quarter a year earlier is not meaningful, because that figure was zero or negative.
Not reported for Q1 2027.
Cash & Balance Sheet
LAREDO OIL INC held $147K in cash as of Q1 2027; no long-term debt figure is on record for that period.
Not reported for Q1 2027.
Not reported for Q1 2027.
Margins & Returns
None of these metrics is reported for Q1 2027.
Capital Allocation
None of these metrics is reported for Q1 2027.
LRDC Income Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Revenue | N/A | N/A | N/A | $1.6M+97339.0% | $1.5M+25412.6% | $0 | $2K-86.3% | $2Kn/m |
| Gross Profit | N/A | N/A | N/A | $1.6M+97339.0% | $1.5M+25412.6% | $0 | $2K-86.3% | $2K |
| SG&A Expenses | $578K-99.9% | N/A | $631K+37.3% | $2.6B+579688.8% | $557.1M+119900.9% | $456K | $460K-0.8% | $453K-42.3% |
| Operating Income | -$1.5Mn/m | N/A | -$1.1Mn/m | -$3.0Bn/m | -$677.8Mn/m | -$613K | -$608Kn/m | -$702Kn/m |
| EBITDA | -$1.5Mn/m | N/A | -$1.1Mn/m | -$3.0Bn/m | -$670.9Mn/m | -$606K | -$601Kn/m | -$695Kn/m |
| Interest Expense | $134K-100.0% | N/A | $151K+29.4% | $308.2M+293550.7% | $276.2M+206541.6% | $135K | $117K-9.3% | $105K-14.1% |
| Net Income | -$1.6Mn/m | N/A | -$1.2Mn/m | -$3.3Bn/m | -$952.1Mn/m | -$1.5M | -$416Kn/m | -$816Kn/m |
| EPS (Basic) | -$0.02 | N/A | N/A | N/A | -$0.01 | N/A | N/A | N/A |
| EPS (Diluted) | -$0.02 | N/A | N/A | N/A | -$0.01 | N/A | N/A | N/A |
| Diluted Shares (Avg) | 85M | N/A | N/A | N/A | 75M | N/A | N/A | N/A |
Not reported in any period shown, so not listed: Cost of Revenue, R&D Expenses, Income Tax.
LRDC Balance Sheet
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Total Assets | $939K-99.9% | $1.2M-16.3% | $1.4M-74.1% | $1.7B+34410.0% | $1.6B+34105.6% | $1.4M-48.4% | $5.5M+87.0% | $4.9M+669.4% |
| Current Assets | $224K-100.0% | $492K+64.8% | $352K-79.0% | $632.0M+32577.0% | $476.3M+23371.8% | $299K-85.2% | $1.7M-27.9% | $1.9M+2860.4% |
| Cash & Equivalents | $147K-99.9% | $421K+564.6% | $264K+848.8% | $535.0M+7835078.7% | $232.2M+219876.9% | $63K-50.2% | $28K+1120.1% | $7K-82.4% |
| Short-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Long-Term Investments | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m | $0n/m |
| Total Liabilities | $14.7M-99.9% | $14.1M+0.9% | $15.7M-9.8% | $15.0B+90889.5% | $14.9B+93823.6% | $14.0M+0.2% | $17.4M+28.3% | $16.5M+47.2% |
| Current Liabilities | $13.8M-99.9% | $13.2M+2.4% | $14.7M-9.5% | $14.0B+91236.9% | $13.8B+93522.0% | $12.9M-0.3% | $16.3M+30.4% | $15.3M+52.0% |
| Non-Current Liabilities | $905K-17.4% | $921K-17.1% | $936K-14.1% | $952K-13.8% | $1.1M-2.1% | $1.1M+6.3% | $1.1M+2.7% | $1.1M+2.5% |
| Total Equity | -$13.8Mn/m | -$12.9Mn/m | -$14.2Mn/m | -$13.3Bn/m | -$13.3Bn/m | -$12.6Mn/m | -$11.9Mn/m | -$11.5Mn/m |
| Retained Earnings | -$35.5Mn/m | -$33.9Mn/m | -$31.4Mn/m | -$30.2Bn/m | -$26.9Bn/m | -$25.9Mn/m | -$24.4Mn/m | -$24.0Mn/m |
Not reported in any period shown, so not listed: Inventory, Accounts Receivable, Goodwill, Long-Term Debt.
LRDC Cash Flow Statement
Figures in USD, abbreviated K (thousand), M (million), B (billion), T (trillion). Negative values carry a minus sign and red type. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | -$821Kn/m | -$1.4M-854.7% | -$253Kn/m | -$707.6Mn/m | -$805.4Mn/m | $180Kn/m | -$895Kn/m | -$446Kn/m |
| Depreciation & Amortization | $5K-99.9% | $20K+196.6% | $7K+1.1% | $6.9M+100972.9% | $6.9M+101002.6% | $7K+51.8% | $7K+51.8% | $7K+51.8% |
| Stock-Based Compensation | $23K | N/A | $23K | $2.0M | N/A | N/A | N/A | N/A |
| Investing Cash Flow | N/A | $0n/m | N/A | N/A | N/A | -$726K-932.0% | -$62Kn/m | $1.8M+1387.5% |
| Financing Cash Flow | $548K-99.9% | $1.5Mn/m | N/A | N/A | $992.8M+50678.6% | -$759K-743.7% | $335K-83.9% | $849K+485.6% |
Not reported in any period shown, so not listed: Capital Expenditures, Free Cash Flow, Dividends Paid, Share Buybacks.
LRDC Financial Ratios
Margins and returns are percentages; the remaining ratios are unitless multiples. Each change compares the year with the year before it, and each quarter with the same quarter a year earlier.
| Metric | Q1'2710-Q | Q4'2610-Q | Q3'2610-Q | Q2'2610-Q | Q1'2610-Q | Q4'2510-K/A | Q3'2510-Q | Q2'2510-Q |
|---|---|---|---|---|---|---|---|---|
| Gross Margin | N/A | N/A | N/A | 100.0%0.0pp | 100.0%0.0pp | N/A | 100.0%0.0pp | 100.0% |
| Operating Margin | N/A | N/A | N/A | -185526.1% | -43926.2% | N/A | -35050.8% | -42789.9% |
| Net Margin | N/A | N/A | N/A | -207203.6% | -61702.8% | N/A | -23962.6% | -49739.0% |
| Return on Assets | -170.9%-111.3pp | N/A | -86.1%-78.5pp | -194.2%-177.7pp | -59.6%-49.5pp | -102.3% | -7.6%+1.5pp | -16.5%+100.9pp |
| Current Ratio | 0.020.0x | 0.040.0x | 0.02-0.1x | 0.05-0.1x | 0.03-0.1x | 0.02-0.1x | 0.10-0.1x | 0.13+0.1x |
| Asset Turnover | N/A | N/A | N/A | 0.000.0x | 0.000.0x | 0.00 | 0.000.0x | 0.000.0x |
Not reported in any period shown, so not listed: Return on Equity, Debt-to-Equity, Liabilities-to-Equity, FCF Margin.
Reported as filed but not readable as a share of revenue in the periods where the ratio runs further from zero than a revenue base allows; no change figure is given where either compared period is one of those: Operating Margin, Net Margin.
Note: Shareholder equity is negative (-$12.9M), which causes the debt-to-equity, liabilities-to-equity and return on equity ratios to appear negative or not meaningful. This can occur from accumulated losses or large share buyback programs.
Note: The current ratio is below 1.0 (0.04), indicating current liabilities exceed current assets, which may suggest potential short-term liquidity concerns.
Where LAREDO OIL INC Ranks
Frequently Asked Questions
What is LAREDO OIL INC's annual revenue?
LAREDO OIL INC (LRDC) reported $3K in total revenue for fiscal year 2026. This represents a -66.7% change compared to the previous fiscal year. Revenue measures the total income earned from the company's primary business operations before any expenses are deducted.
How fast is LAREDO OIL INC's revenue growing?
LAREDO OIL INC (LRDC) revenue declined by 66.7% year-over-year, from $9K to $3K in fiscal year 2026.
What is LAREDO OIL INC's gross margin?
LAREDO OIL INC (LRDC) had a gross margin of 100.0% in fiscal year 2026, indicating the percentage of revenue retained after direct costs of goods sold.
What is LAREDO OIL INC's operating cash flow?
LAREDO OIL INC (LRDC) recorded an outflow of $3.1M in operating cash flow during fiscal year 2026, representing cash used by core business activities.
What are LAREDO OIL INC's total assets?
LAREDO OIL INC (LRDC) had $1.2M in total assets as of fiscal year 2026, including both current and long-term assets.
What is LAREDO OIL INC's current ratio?
LAREDO OIL INC (LRDC) had a current ratio of 0.04 as of fiscal year 2026, which is below 1.0, which may suggest potential liquidity concerns.
What is LAREDO OIL INC's P/E ratio?
LAREDO OIL INC (LRDC) has no price-to-earnings ratio at the moment: no net income reported. The market capitalization is $51.6M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
What is LAREDO OIL INC's price-to-sales ratio?
LAREDO OIL INC (LRDC) has no price-to-sales ratio at the moment: outside the range published as a multiple (on $3K revenue, FY2026). The market capitalization is $51.6M as of Oct 26, 2026; a multiple compares that price with a filed figure and says nothing about the quality of the business.
How does LAREDO OIL INC's liquidity compare with its operating cash outflow?
At the end of fiscal year 2026, LAREDO OIL INC (LRDC) held $421K in cash, cash equivalents and investments, and reported an operating cash outflow of $3.1M over that year. Dividing the one by the other, the reported balance equals about 2 months of the outflow reported that year. This is arithmetic over figures already filed, not a projection: it assumes nothing about future spending, financing or operations.
Why is LAREDO OIL INC's debt-to-equity ratio negative or not reported?
LAREDO OIL INC (LRDC) has negative shareholder equity of -$12.9M as of fiscal year 2026, so no debt-to-equity or liabilities-to-equity ratio is reported: dividing debt by equity that is not positive produces a number that cannot be read as leverage. This can occur when accumulated losses exceed invested capital, or after large share buyback programs. Other solvency metrics like the current ratio or interest coverage may be more informative.
What is LAREDO OIL INC's Piotroski F-Score?
LAREDO OIL INC (LRDC) has a Piotroski F-Score of 1 out of 5 computable signals; 4 of the nine could not be computed from available data, so the full-scale strength rating is not shown. The F-Score evaluates nine binary signals across profitability (positive ROA, positive cash flow, improving ROA, earnings quality), leverage (decreasing debt, improving liquidity, no share dilution), and operating efficiency (improving gross margin, improving asset turnover). Scores of 7 to 9 indicate strong and improving fundamentals. Learn more in our complete guide to financial health indicators.