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Everything Blockchain (Everything Blockchain) Retained Earnings : $-68.39 Mil (As of Jan. 2024)


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What is Everything Blockchain Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Everything Blockchain's retained earnings for the quarter that ended in Jan. 2024 was $-68.39 Mil.

Everything Blockchain's quarterly retained earnings declined from Jul. 2023 ($-65.45 Mil) to Oct. 2023 ($-67.15 Mil) and declined from Oct. 2023 ($-67.15 Mil) to Jan. 2024 ($-68.39 Mil).

Everything Blockchain's annual retained earnings declined from Jan. 2022 ($-51.09 Mil) to Jan. 2023 ($-60.54 Mil) and declined from Jan. 2023 ($-60.54 Mil) to Jan. 2024 ($-68.39 Mil).


Everything Blockchain Retained Earnings Historical Data

The historical data trend for Everything Blockchain's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Everything Blockchain Retained Earnings Chart

Everything Blockchain Annual Data
Trend Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial -4.11 -53.41 -51.09 -60.54 -68.39

Everything Blockchain Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -60.54 -62.35 -65.45 -67.15 -68.39

Everything Blockchain Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Everything Blockchain  (OTCPK:EBZT) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Everything Blockchain (Everything Blockchain) Business Description

Traded in Other Exchanges
N/A
Address
12574 Flagler Center Boulevard, Suite 101, Jacksonville, FL, USA, 32258
Everything Blockchain Inc is a blockchain development, architecture, and software designer. It also provides cybersecurity-related solutions, consulting, and services specializing in blockchain technology and decentralized processing.
Executives
Michael W Hawkins director, officer: CEO, CFO 12574 FLAGLER CENTER BLVD., STE 101, JACKSONVILLE FL 32258
Eric C Jaffe director 12574 FLAGLER CENTER BLVD, SUITE 101, JACKSONVILLE FL 32258
Schaeffer Richard C Jr director 761 DIVIDING ROAD, SEVERNA PARK MD 21146-4305
William C Regan officer: Interim CFO 12574 FLAGLER CENTER BLVD, SUITE 101, JACKSONVILLE FL 32258
Brandon Hart officer: Chief Technology Officer 2627 RED FERN DR., DOVER FL 33527
Toney Jennings officer: Chief Operating Officer 5125 WHISPERING LEAF TRAIL, VALRICO FL 33596
Paul Rosenberg director 2367 JAWED PL, DUNN LORING VA 22027
Cedric Harris officer: Chief Research Officer 15302 OYSTER CREEK LN, SUGARLAND TX 77478
A.p.o. Holdings, Llc. 10 percent owner 30344 WOODBURY CIRCLE, MENIFEE CA 92584
Mcig, Inc. 10 percent owner 1064 AVE PONCE DE LEON, SUITE 200, SAN JUAN PR 00907

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