Global AI (Global AI) Retained Earnings : $-2.40 Mil (As of Mar. 2024)

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What is Global AI Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Global AI's retained earnings for the quarter that ended in Mar. 2024 was $-2.40 Mil.

Global AI's quarterly retained earnings declined from Sep. 2023 ($-1.53 Mil) to Dec. 2023 ($-2.05 Mil) and declined from Dec. 2023 ($-2.05 Mil) to Mar. 2024 ($-2.40 Mil).

Global AI's annual retained earnings declined from Sep. 2020 ($-1.41 Mil) to Sep. 2021 ($-1.41 Mil) but then increased from Sep. 2021 ($-1.41 Mil) to Sep. 2022 ($-1.41 Mil).

Global AI Retained Earnings Historical Data

The historical data trend for Global AI'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.

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Global AI Retained Earnings Chart

Global AI Annual Data

Trend

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Retained Earnings

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-1.44

-1.42

-1.41

Global AI 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															-1.42	-1.42	-1.53	-2.05	-2.40

Global AI 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.

Global AI (OTCPK:GLAI) 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.

Global AI (Global AI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Global AI Inc (OTCPK:GLAI) » Definitions » Retained Earnings

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Address

110 Front Street, Suite 300, Jupiter, FL, USA, 33477

Website

https://www.wallstreetmediaco.net

Wall Street Media Co Inc provides consulting and management services to entities looking to merge with or acquire or otherwise consult with third-party entities.

Executives

Ronald G. Teblum	director, 10 percent owner, officer: CEO	10635 NW 66TH CRT., PARKLAND FL 33076
Jerrold Dean Burden	director, 10 percent owner, officer: CFO/Secretary/Treasurer	2153 IMPERIAL POINT DRIVE, FORT LAUDERDALE FL 33308

Global AI (Global AI) Headlines

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