Financial Snapshot

Revenue
$12.70K
TTM
Gross Margin
100.0%
TTM
Net Earnings
-$2.930M
TTM
Current Assets
Q1 2024
Current Liabilities
Q1 2024
Current Ratio
19.08%
Q1 2024
Total Assets
Q1 2024
Total Liabilities
Q1 2024
Book Value
-$5.899M
Q1 2024
Cash
Q1 2024
P/E
-9.321
Sep 19, 2024 EST
Free Cash Flow
-$636.0K
TTM

Revenues

Revenues

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Revenue YoY Change

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Revenues

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $0.00 $667.6K $4.593M $8.145M $8.480M $9.362M $9.823M $10.90M $8.819M $3.470M $2.200M $1.580M $0.00 $0.00 $0.00 $0.00
YoY Change -100.0% -85.46% -43.62% -3.95% -9.43% -4.69% -9.85% 23.55% 154.16% 57.73% 39.24%

Expenses

Cost Of Revenues

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Gross Profit

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Gross Profit Margin

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Gross Profit

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Revenue $0.00 $667.6K $4.593M $8.145M $8.480M $9.362M $9.823M $10.90M $8.819M $3.470M $2.200M $1.580M $0.00 $0.00 $0.00 $0.00
Cost Of Revenue $1.286M $4.776M $7.969M $8.284M $8.749M $10.10M $10.62M $8.841M $3.330M $1.950M $1.150M $0.00 $0.00 $0.00 $0.00
Gross Profit -$618.6K -$183.4K $176.2K $196.0K $613.3K -$278.0K $272.4K -$21.55K $150.0K $250.0K $440.0K $0.00 $0.00 $0.00 $0.00
Gross Profit Margin -92.66% -3.99% 2.16% 2.31% 6.55% -2.83% 2.5% -0.24% 4.32% 11.36% 27.85%

Selling, General & Admin Expense

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Research & Development

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Depreciation, Depletion & Amortization

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SGA Expense to Gross Profit Ratio

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R&D To Gross Profit Ratio

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DDA To Gross Profit Ratio

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Operating Expenses Total

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Operating Profits/Loss

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Operational Expenses

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Selling, General & Admin $1.997M $1.176M $499.3K $307.1K $308.5K $495.3K $656.0K $880.1K $1.043M $940.0K $850.0K $5.470M $1.220M $890.0K $10.00K $0.00
YoY Change 69.83% 135.45% 62.62% -0.47% -37.71% -24.5% -25.46% -15.6% 10.93% 10.59% -84.46% 348.36% 37.08% 8800.0%
% of Gross Profit 174.28% 157.42% 80.76% 323.05% 626.67% 340.0% 1243.18%
Research & Development $0.00 $10.00K $10.00K $0.00
YoY Change -100.0% 0.0%
% of Gross Profit
Depreciation & Amortization $39.72K $55.81K $13.95K
YoY Change -28.83% 300.08%
% of Gross Profit
Operating Expenses $2.770M $1.580M $499.3K $307.0K $308.5K $495.3K $656.0K $880.1K $1.043M $930.0K $850.0K $5.460M $1.220M $900.0K $20.00K $0.00
YoY Change 75.33% 216.44% 62.62% -0.48% -37.71% -24.5% -25.46% -15.6% 12.12% 9.41% -84.43% 347.54% 35.56% 4400.0%
Operating Profit -$2.770M -$2.199M -$682.7K -$130.9K -$112.5K $118.0K -$934.1K -$607.6K -$1.064M -$780.0K -$600.0K -$5.020M -$1.220M -$900.0K -$20.00K $0.00
YoY Change 26.0% 222.07% 421.68% 16.29% -195.36% -112.63% 53.72% -42.91% 36.45% 30.0% -88.05% 311.48% 35.56% 4400.0%

Interest Expenses

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Interest Expenses To Operating Income %

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Other Expense/Income

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Interest & Other Expense/Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Interest Expense $443.2K $136.1K -$171.9K -$36.05K -$33.60K -$31.33K -$30.38K -$28.09K -$26.46K -$30.00K -$20.00K -$30.00K -$40.00K -$20.00K $0.00 $0.00
YoY Change 225.63% -179.2% 376.7% 7.29% 7.25% 3.13% 8.15% 6.16% -11.8% 50.0% -33.33% -25.0% 100.0%
% of Operating Profit -26.55%
Other Income/Expense, Net $74.23K $131.2K $0.00 $12.03K $0.00 -$24.42K $384.4K -$500.0K -$70.00K $740.0K $340.0K $0.00 $0.00
YoY Change -43.41% -100.0% -100.0% -106.35% -176.89% 614.29% -109.46% 117.65%

Income/Loss

Pretax Income

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Income Tax

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Net Profits/Loss

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Pretax Income YoY Change

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Income Tax Rate

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Net Profits/Loss YoY Change

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Basic EPS

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Net Income To Revenue Ratio

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Pretax & Net Income

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Pretax Income -$3.112M -$895.9K -$368.2K -$166.9K -$146.1K $98.71K -$964.5K -$660.2K -$706.3K -$1.320M -$690.0K -$4.310M -$930.0K -$920.0K -$20.00K $0.00
YoY Change 247.39% 143.28% 120.61% 14.23% -248.04% -110.23% 46.1% -6.54% -46.49% 91.3% -83.99% 363.44% 1.09% 4500.0%
Income Tax $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
% Of Pretax Income
Net Earnings -$3.112M -$895.8K -$368.2K -$166.9K -$146.1K $98.71K -$964.5K -$660.2K -$706.3K -$1.320M -$690.0K -$4.310M -$930.0K -$920.0K -$20.00K $0.00
YoY Change 247.39% 143.28% 120.61% 14.23% -248.04% -110.23% 46.1% -6.54% -46.49% 91.3% -83.99% 363.44% 1.09% 4500.0%
Net Earnings / Revenue -134.19% -8.02% -2.05% -1.72% 1.05% -9.82% -6.06% -8.01% -38.04% -31.36% -272.78%
Basic Earnings Per Share
Diluted Earnings Per Share -$0.05 -$16.43K -$6.755K -$3.062K -$2.681K $1.811K -$17.69K -$12.12K -$13.16K -$24.62K -$12.92K -$82.24K -$18.07K -$21.58K -$1.067K $0.00

Assets & Liabilities

Cash & Short-Term Investments

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Cash & Equivalents

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Cash To Operating Expenses Ratio

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Inventory

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Receivables

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Total Short-Term Assets

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Property, Plant And Equipment

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Long-Term Investments

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Total Long-Term Assets

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Total Assets

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Net Income To Total Assets Percentage

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Accounts Payable

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Short-Term Debt

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Long Term Debt Due

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Total Short-Term Liabilities

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Long-Term Debt

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Other Long-Term Liabilities

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Total Long-Term Liabilities

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Total Liabilities

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Short-Term To Long-Term Debt Ratio

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Short-Term Assets To Debt Ratio

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Long-Term Debt To Net Income Ratio

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Assets & Liabilities

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Cash & Short-Term Investments $13.75K $109.2K $1.197M $1.533M $289.6K $106.3K $330.7K $393.9K $85.84K $90.00K $110.0K $110.0K $0.00 $160.0K $0.00 $10.00K
YoY Change -87.41% -90.88% -21.92% 429.25% 172.37% -67.85% -16.06% 358.92% -4.62% -18.18% 0.0% -100.0% -100.0%
Cash & Equivalents $13.75K $109.2K $1.197M $1.533M $289.6K $106.3K $330.7K $393.9K $85.84K $90.00K $110.0K $110.0K $0.00
Short-Term Investments
Other Short-Term Assets $36.55K $22.24K $267.2K $58.49K $39.55K $39.98K $47.20K $46.29K $155.9K $50.00K $40.00K $30.00K $20.00K $90.00K $20.00K $0.00
YoY Change 64.34% -91.68% 356.74% 47.89% -1.08% -15.3% 1.97% -70.31% 211.84% 25.0% 33.33% 50.0% -77.78% 350.0%
Inventory
Prepaid Expenses
Receivables $1.780K $1.780K $0.00 $32.06K $27.99K $120.1K
Other Receivables $0.00 $0.00 $168.5K $0.00 $0.00 $0.00
Total Short-Term Assets $52.08K $133.2K $1.632M $1.623M $357.1K $266.4K $377.9K $440.2K $241.8K $140.0K $140.0K $150.0K $20.00K $250.0K $20.00K $10.00K
YoY Change -60.9% -91.84% 0.57% 354.51% 34.04% -29.5% -14.16% 82.09% 72.69% 0.0% -6.67% 650.0% -92.0% 1150.0% 100.0%
Property, Plant & Equipment $4.757M $3.175M $809.2K
YoY Change 49.84% 292.31%
Goodwill
YoY Change
Intangibles
YoY Change
Long-Term Investments $287.1K $364.1K $329.3K
YoY Change -21.15% 10.59%
Other Assets $30.00K $30.00K
YoY Change 0.0%
Total Long-Term Assets $5.074M $3.569M $1.138M $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $0.00
YoY Change 42.18% 213.46%
Total Assets $5.126M $3.702M $2.771M $1.623M $357.1K $266.4K $377.9K $440.2K $241.8K $140.0K $140.0K $150.0K $20.00K $250.0K $20.00K $10.00K
YoY Change
Accounts Payable $2.198M $1.243M $267.6K $20.95K $11.69K $9.360K $38.22K $33.36K $35.04K $30.00K $30.00K $20.00K $80.00K $10.00K $0.00 $0.00
YoY Change 76.84% 364.4% 1177.52% 79.21% 24.89% -75.51% 14.57% -4.79% 16.8% 0.0% 50.0% -75.0% 700.0%
Accrued Expenses $2.473M $1.773M $1.577M $1.841M $1.651M $1.431M $1.851M $1.357M $1.113M $560.0K $270.0K $90.00K $200.0K $250.0K $0.00
YoY Change 39.46% 12.45% -14.35% 11.51% 15.41% -22.72% 36.41% 21.97% 98.67% 107.41% 200.0% -55.0% -20.0%
Deferred Revenue
YoY Change
Short-Term Debt $2.683M $1.152M $0.00 $350.0K $350.0K $350.0K $350.0K $350.0K $350.0K $350.0K $0.00 $0.00 $730.0K $200.0K $10.00K $0.00
YoY Change 132.82% -100.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% -100.0% 265.0% 1900.0%
Long-Term Debt Due $449.6K $328.6K $1.221M $473.8K
YoY Change 36.82% -73.08% 157.68%
Total Short-Term Liabilities $9.603M $5.581M $3.161M $2.732M $2.059M $1.836M $2.285M $1.786M $1.795M $1.620M $480.0K $220.0K $2.280M $470.0K $10.00K $0.00
YoY Change 72.06% 76.57% 15.71% 32.69% 12.13% -19.66% 27.94% -0.52% 10.83% 237.5% 118.18% -90.35% 385.11% 4600.0%
Long-Term Debt $537.0K $857.3K $1.847M $759.9K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $350.0K $350.0K $0.00 $0.00 $0.00 $0.00
YoY Change -37.37% -53.58% 143.04% -100.0% 0.0%
Other Long-Term Liabilities $67.94K $61.76K
YoY Change 10.01%
Total Long-Term Liabilities $604.9K $919.1K $1.847M $759.9K $0.00 $0.00 $0.00 $0.00 $0.00 $0.00 $350.0K $350.0K $0.00 $0.00 $0.00 $0.00
YoY Change -34.18% -50.23% 143.04% -100.0% 0.0%
Total Liabilities $10.21M $6.500M $5.007M $3.491M $2.059M $1.836M $2.285M $1.786M $1.795M $1.620M $830.0K $570.0K $2.280M $470.0K $10.00K $0.00
YoY Change 57.04% 29.81% 43.42% 69.61% 12.13% -19.66% 27.94% -0.52% 10.83% 95.18% 45.61% -75.0% 385.11% 4600.0%

Ownership

Basic Shares Outstanding

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Diluted Shares Outstanding

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Preferred Stock

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Treasury Stock Shares

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Stock Issuance & Repurchase

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Ownership Data

Concept 2023 2022 2021 2020 2019 2018 2017 2016 2015 2014 2013 2012 2011 2010 2009 2008
Basic Shares Outstanding
Diluted Shares Outstanding
Preferred Stock
Treasury Stock Shares

Return On Shareholders' Equity

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Book Value

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Free Cash Flow

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Free Cash Flow YoY

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Dividends

Dividends

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Stock Price

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Market Cap: $27.305 Million

About Laredo Oil Inc

Laredo Oil, Inc. is an exploration and production company, which engages in the acquisition of mature fields and the recovery of stranded oil. The company is headquartered in Austin, Texas and currently employs 10 full-time employees. The company went IPO on 2009-11-05. The firm is specialized in evaluating, acquiring, operating and developing oil and gas properties, as well as engaged in designing, drilling and producing conventional oil wells. The company has identified and acquired approximately 45,246 gross acres and 37,932 net acres of mineral property interests in the State of Montana.

Industry: Crude Petroleum & Natural Gas Peers: Enservco Corp Koil Energy Solutions Inc Victory Clean Energy Inc Mind Technology Inc Superior Drilling Products, Inc. Schlumberger NV SMG Industries Inc.