Laredo Oil (LRDC) Cost of Revenue (2011 - 2023)

Laredo Oil has reported Cost of Revenue for 13 years, with the latest figure at $324940.0 in Q2 2023.

• Quarterly Cost of Revenue rose 229.59% year-over-year to $324940.0 in Q2 2023, while the trailing twelve-month figure through Feb 2024 was $324940.0 (up 149.83% YoY) and the FY2023 annual result came in at -$76359.0, down 105.94% from the prior year.
• Cost of Revenue rose to $324940.0 in Q2 2023 per LRDC's latest filing, from -$181111.0 in the prior quarter.
• Over five years, Cost of Revenue peaked at $2.2 million in Q1 2019 and troughed at -$250736.0 in Q2 2022.
• A 5-year average of $1.1 million and a median of $1.2 million in 2021 frame the typical range for Cost of Revenue.
• The sharpest annual moves came in 2022 and 2023: Cost of Revenue slumped 144.5% in 2022, then soared 229.59% in 2023.
• Over 5 years, Cost of Revenue stood at $2.0 million in 2019, then tumbled by 35.28% to $1.3 million in 2020, then sank by 54.56% to $573890.0 in 2021, then tumbled by 131.56% to -$181111.0 in 2022, then jumped by 279.41% to $324940.0 in 2023.
• According to Business Quant data, Cost of Revenue over the past three periods registered $324940.0, -$181111.0, and -$220188.0 for Q2 2023, Q4 2022, and Q3 2022 respectively.