Leafly Holdings (Leafly Holdings) Retained Earnings : $-76.59 Mil (As of Mar. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Leafly Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Leafly Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-76.59 Mil.

Leafly Holdings's quarterly retained earnings declined from Sep. 2023 ($-73.74 Mil) to Dec. 2023 ($-74.20 Mil) and declined from Dec. 2023 ($-74.20 Mil) to Mar. 2024 ($-76.59 Mil).

Leafly Holdings's annual retained earnings increased from Dec. 2021 ($-69.77 Mil) to Dec. 2022 ($-64.70 Mil) but then declined from Dec. 2022 ($-64.70 Mil) to Dec. 2023 ($-74.20 Mil).

Leafly Holdings Retained Earnings Historical Data

The historical data trend for Leafly Holdings'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.

Leafly Holdings Retained Earnings Chart

Leafly Holdings Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-47.78

-3.71

-69.77

-64.70

-74.20

Leafly Holdings Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial											-70.10	-71.53	-73.74	-74.20	-76.59

Leafly Holdings 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.

Leafly Holdings (NAS:LFLY) 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.

Leafly Holdings (Leafly Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Leafly Holdings Inc (NAS:LFLY) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

113 Cherry Street, PMB 88154, Seattle, WA, USA, 98104-2205

Website

https://www.leafly.com

Leafly Holdings Inc operates an online cannabis information resource platform. It offers cannabis retailers and brands subscription-based marketplace listings that provide its cannabis audience with information, reviews, menus, and ordering and delivery options through legal retailers.

Executives

Yoko Miyashita	officer: CEO	C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Suresh Krishnaswamy	officer: CFO	C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Alan R Pickerill	director	C/O PORCH GROUP, INC., 411 1ST AVE S, STE. 501, SEATTLE WA 98104
Michael G. Blue	director	1920 EASTLAKE AVE E, SEATTLE WA 98102
Blaise Judja-sato	director	C/O LEAFLY, 111 SOUTH JACKSON STREET, SUITE 531, SEATTLE WA 98104
Chandler Cassandra Mcwilliams	director	C/O LEAFLY, 111 SOUTH JACKSON STREET, SUITE 531, SEATTLE WA 98104
David Cotter	officer: Chief Product Officer	C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Martin Samuel James Louis	officer: Chief Operating Officer	C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Lee Peter Ho Lik	director, officer: President, CFO	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022
Brendan Kennedy	10 percent owner	1920 EASTLAKE AVENUE E., SEATTLE WA 98105
Merida Holdings, Llc	10 percent owner	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE., 18TH FLOOR, NEW YORK NY 10022
Kimberly Boler	officer: General Counsel	C/O LEAFLY, 600 1ST AVE., STE LL20, SEATTLE WA 98104
Mitchell Baruchowitz	director	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022
Jeffrey Monat	director	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE., 18TH FLOOR, NEW YORK NY 10022
Andres Nannetti	director	C/O MERIDA MERGER CORP. I, 641 LEXINGTON AVE, 18TH FLOOR, NEW YORK NY 10022