Laredo Oil, Inc.
Income Statement
| Line Item | FY2017 | FY2016 | FY2015 | FY2014 | FY2013 | FY2012 |
|---|---|---|---|---|---|---|
| Revenue | $9.8M | $10.9M | $8.8M | $3.5M | $2.2M | $1.6M |
| Cost of Revenue | $10.1M | $10.6M | $8.8M | $3.3M | $2.0M | $1.1M |
| Gross Profit | $-278.0K | $272.4K | $-21.6K | $145.7K | $250.1K | $436.0K |
| Gross Margin | -2.8% | 2.5% | -0.2% | 4.2% | 11.3% | 27.6% |
| Operating Expenses | ||||||
| Research & Development | — | — | — | — | — | — |
| SG&A Expense | $369.5K | $494.7K | $564.0K | $608.0K | $546.1K | $192.9K |
| Operating Income | $-934.1K | $-607.6K | $-1.1M | $-792.6K | $-599.2K | $-5.0M |
| Operating Margin | -9.5% | -5.6% | -12.1% | -22.8% | -27.2% | -318.1% |
| Interest Expense | $30.4K | $28.1K | $26.5K | $27.3K | $21.5K | $25.3K |
| Pretax Income | — | — | — | — | — | — |
| Income Tax Expense | $0 | $0 | $0 | $0 | $0 | $0 |
| Net Income | $-964.5K | $-660.1K | $-706.3K | $-1.3M | $-687.7K | $-4.3M |
| Net Margin | -9.8% | -6.1% | -8.0% | -37.9% | -31.2% | -272.8% |
| EPS (Basic) | $-0.02 | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $-0.08 |
| EPS (Diluted) | $-0.02 | $-0.01 | $-0.01 | $-0.02 | $-0.01 | $-0.08 |
| Shares Outstanding (Basic) | 54.5M | 54.5M | 54.5M | 53.6M | 53.7M | 53.5M |
| Shares Outstanding (Diluted) | 54.5M | 54.5M | 54.5M | 53.6M | 53.7M | 53.5M |
| Dividends Per Share | — | — | — | — | — | — |