FY2026 · ended May 31, 2026 · Revenue $3,141, -66.7% YoY · Filed Sep 30, 2026
Laredo Oil, Inc. (LRDC) files with the SEC under industry code 1311, Crude Petroleum & Natural Gas. In fiscal 2026, which ended May 31, 2026, it reported revenue of $3,141 and a net loss of $8.0 million.
Revenue
$3,141
-66.7% vs prior year
Net income
$-7.97M
-150.5% vs prior year
Operating cash flow (TTM)
$-3.14M
-59.9% vs year-ago TTM
Free cash flow
$-1.64M
-30.4% vs prior year
EPS
$-0.10
Dividend per share
None
Shares outstanding
85.60M
+14.3% vs prior year
Net cash
$298,855
FY 2020
Operating margin
-224337.2%
FY 2026
Company profile
- Industry
- Crude Petroleum & Natural Gas (SIC 1311)
- Listed as
- LRDC (OTC)
- Fiscal year ends
- May 31
- Incorporated in
- DE
- Headquarters
- Austin, TX
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1442492
- Former names
- Laredo Mining, Inc. (until Oct 22, 2009)
Other Crude Petroleum & Natural Gas companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2026 May 31, 2026 |
FY 2025 May 31, 2025 |
FY 2023 May 31, 2023 |
FY 2022 May 31, 2022 |
FY 2021 May 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $3,141 | $9,423 | $0 | $667,608 | $4.6M |
| Operating income | -$7.0M | -$2.6M | -$2.8M | -$2.2M | -$682,682 |
| Net income | -$8.0M | -$3.2M | -$3.1M | -$895,847 | -$368,236 |
| Diluted EPS | -$0.10 | — | — | — | — |
| Operating cash flow | -$3.1M | -$1.4M | -$1.6M | -$1.2M | -$1.2M |
| Free cash flow | — | — | -$1.6M | -$1.3M | — |
| Total assets | $1.2M | $1.4M | $5.1M | $3.7M | $2.8M |
| Total liabilities | $14.1M | $14.0M | $10.2M | $6.5M | $5.0M |
| Stockholders' equity | -$12.9M | -$12.6M | -$9.8M | -$2.8M | -$2.2M |
| Cash and investments | $420,676 | $63,294 | — | — | $1.2M |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 10-Q | Quarterly report | Oct 15, 2026 | Aug 31, 2026 |
| 10-K/A | Amended annual report | Sep 30, 2026 | May 31, 2026 |
| 10-K | Annual report | Sep 14, 2026 | May 31, 2026 |
| 10-Q | Quarterly report | Apr 14, 2026 | Feb 28, 2026 |
| 10-Q | Quarterly report | Jan 20, 2026 | Nov 30, 2025 |
| 10-Q | Quarterly report | Oct 20, 2025 | Aug 31, 2025 |
All 189 Laredo Oil, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.