Laredo Oil, Inc. (LRDC) Gross margin 2016–2025
Laredo Oil, Inc. (LRDC) gross margin by fiscal year — reported gross profit divided by reported revenue.
100.0%FY2025 · since FY2016: 2.5% → 100.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | 100.0% | +0.0 pp |
| FY2024 | 100.0% | — |
| FY2022 | -92.7% | -88.7 pp |
| FY2021 | -4.0% | -6.2 pp |
| FY2020 | 2.2% | -0.1 pp |
| FY2019 | 2.3% | -4.2 pp |
| FY2018 | 6.6% | +9.4 pp |
| FY2017 | -2.8% | -5.3 pp |
| FY2016 | 2.5% | — |
Gross margin = reported gross profit ÷ reported revenue for the same fiscal year.
Source: SEC XBRL filings · For reference only · Not investment advice