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LM Funding America (FRA:1YJA) Retained Earnings : €-52.31 Mil (As of Mar. 2024)


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What is LM Funding America Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LM Funding America's retained earnings for the quarter that ended in Mar. 2024 was €-52.31 Mil.

LM Funding America's quarterly retained earnings declined from Sep. 2023 (€-53.76 Mil) to Dec. 2023 (€-54.07 Mil) but then increased from Dec. 2023 (€-54.07 Mil) to Mar. 2024 (€-52.31 Mil).

LM Funding America's annual retained earnings declined from Dec. 2021 (€-12.19 Mil) to Dec. 2022 (€-40.61 Mil) and declined from Dec. 2022 (€-40.61 Mil) to Dec. 2023 (€-54.07 Mil).


LM Funding America Retained Earnings Historical Data

The historical data trend for LM Funding America'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.

LM Funding America Retained Earnings Chart

LM Funding America Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -13.05 -15.24 -12.19 -40.61 -54.07

LM Funding America Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -45.21 -48.88 -53.76 -54.07 -52.31

LM Funding America 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.


LM Funding America  (FRA:1YJA) 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.


LM Funding America (FRA:1YJA) Business Description

Traded in Other Exchanges
Address
1200 Platt Street, Suite 1000, Tampa, FL, USA, 33602
LM Funding America Inc is a financial services company. The company provides funding to nonprofit community associations located in the state of Florida and to nonprofit community associations in the states of Washington and Colorado. Its products include Original Product and New Neighbor Guaranty. Its original product offering consists of providing funding to Associations by purchasing their rights under delinquent accounts that are selected by the Associations arising from unpaid Association assessments. It currently has two lines of business recently commenced cryptocurrency mining business and historical specialty finance business. The Company has two operating segments: Specialty Finance and Mining Operations.

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