Laredo Oil
Income Statement
Last updated:
Income statement is a financial statement that shows how profitable a business was over a given reporting period presenting its revenue, expenses or net income. The net income raised on -$2,867,299 and profit margin reached -7859%. Total operating expenses were $3,352,225.
Profit Margin
| 2015 | 8.81M | -706.32K | -8.01% |
|---|---|---|---|
| 2016 | 10.89M | -660.14K | -6.06% |
| 2017 | 9.82M | -964.46K | -9.82% |
| 2018 | 9.36M | 98.70K | 1.05% |
| 2019 | 8.47M | -146.12K | -1.72% |
| 2020 | 8.14M | -202.96K | -2.49% |
| 2021 | 4.59M | -300.85K | -6.55% |
| 2022 | 667.60K | 396.54K | 59.4% |
| 2023 | 0 | -3.11M | |
| 2024 | 36.48K | -2.86M | -7859.49% |
LRDC Income Statement (2015 – 2024)
| 2024 | 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | |
|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||
Revenue | 36.48K | 0 | 667.60K | 4.59M | 8.14M | 8.47M | 9.36M | 9.82M | 10.89M | 8.81M |
Cost of revenue | 0 | 39.72K | 1.28M | 4.77M | 7.96M | 8.28M | 8.74M | 10.10M | 10.62M | 8.84M |
Gross profit | 36.48K | -39.72K | -618.63K | -183.35K | 176.18K | 195.97K | 613.31K | -278.04K | 272.41K | -21.55K |
Operating exp. | ||||||||||
Research and development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Selling and marketing | -17.92K | 1.95M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Total operating expenses | 3.35M | 2.73M | 1.58M | 499.33K | 307.04K | 308.50K | 495.30K | 656.03K | 880.05K | 1.04M |
Operating income | -3.39M | -2.77M | -2.19M | -682.68K | -130.86K | -112.53K | 118.00K | -934.08K | -607.63K | -1.06M |
Other income (expenses), net | 522.92K | -5.11M | 1.30M | 314.44K | -36.05K | -33.59K | 12.03K | -30.38K | -24.42K | 357.97K |
Income before tax | -2.86M | -3.11M | -895.84K | -368.23K | -166.91K | -146.12K | 98.70K | -964.46K | -660.14K | -706.32K |
Income tax expense | 0 | 346.55K | -1.29M | -67.38K | 36.05K | -112.53K | 31.33K | -643.08K | -579.55K | -1.03M |
Net income | -2.86M | -3.11M | 396.54K | -300.85K | -202.96K | -146.12K | 98.70K | -964.46K | -660.14K | -706.32K |
Earnings per share | ||||||||||
Basic EPS | -0.04 | -0.05 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -0.01 | -0.01 |
Diluted EPS | -0.04 | -0.05 | 0.00 | -0.00 | -0.00 | -0.00 | 0.00 | -0.01 | -0.01 | -0.01 |
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