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

Laredo Oil has disclosed Cost of Revenue across 13 years of filings, most recently posting $324940.0 for Q2 2023.

• Cost of Revenue for Q2 2023 came in at $324940.0, up 229.59% year-over-year; the trailing twelve-month figure through Feb 2024 was $324940.0 (up 149.83% YoY), and the FY2023 annual result was -$76359.0, down 105.94% from the prior year.
• Cost of Revenue came in at $324940.0 for Q2 2023 at Laredo Oil, up from -$181111.0 in the prior quarter.
• In the past five years, Cost of Revenue ranged from a high of $2.2 million in Q1 2019 to a low of -$250736.0 in Q2 2022.
• The 5-year median for Cost of Revenue is $1.2 million (2021), against an average of $1.1 million.
• Across the five-year window, Cost of Revenue slumped 144.5% in 2022 and jumped 229.59% in 2023, its largest moves.
• Laredo Oil's 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 surged by 279.41% to $324940.0 in 2023.
• The last three Cost of Revenue figures came in at $324940.0 (Q2 2023), -$181111.0 (Q4 2022), and -$220188.0 (Q3 2022), per Business Quant data.