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Omni Financial Services (Omni Financial Services) Retained Earnings : $10.43 Mil (As of Sep. 2007)


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What is Omni Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Omni Financial Services's retained earnings for the quarter that ended in Sep. 2007 was $10.43 Mil.

Omni Financial Services's quarterly retained earnings increased from Mar. 2007 ($8.18 Mil) to Jun. 2007 ($9.32 Mil) and increased from Jun. 2007 ($9.32 Mil) to Sep. 2007 ($10.43 Mil).

Omni Financial Services's annual retained earnings increased from Dec. 2004 ($6.67 Mil) to Dec. 2005 ($9.42 Mil) but then declined from Dec. 2005 ($9.42 Mil) to Dec. 2006 ($7.30 Mil).


Omni Financial Services Retained Earnings Historical Data

The historical data trend for Omni Financial Services'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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Omni Financial Services Retained Earnings Chart

Omni Financial Services Annual Data
Trend Dec01 Dec02 Dec04 Dec05 Dec06
Retained Earnings
- - 6.67 9.42 7.30

Omni Financial Services Quarterly Data
Dec01 Dec02 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07
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 6.30 7.30 8.18 9.32 10.43

Omni Financial Services 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.


Omni Financial Services  (OTCPK:OFSI) 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.


Omni Financial Services (Omni Financial Services) Business Description

Traded in Other Exchanges
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Address
12610 New Brittany Boulevard, Suite 2300, Ft. Myers, FL, USA, 33907
Omni Financial Services Inc is a financial services firm, helping its clients improve their long-term financial success. It offers financial products and the advice and expertise of financial professionals in the industry. It provides financial solutions to individuals and businesses.

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