GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Startengine Crowdfunding Inc (OTCPK:STGC) » Definitions » Retained Earnings

Startengine Crowdfunding (Startengine Crowdfunding) Retained Earnings : $-48.66 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Startengine Crowdfunding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Startengine Crowdfunding's retained earnings for the quarter that ended in Mar. 2024 was $-48.66 Mil.

Startengine Crowdfunding's quarterly retained earnings declined from Sep. 2023 ($-36.00 Mil) to Dec. 2023 ($-44.64 Mil) and declined from Dec. 2023 ($-44.64 Mil) to Mar. 2024 ($-48.66 Mil).

Startengine Crowdfunding's annual retained earnings declined from Dec. 2021 ($-18.94 Mil) to Dec. 2022 ($-28.21 Mil) and declined from Dec. 2022 ($-28.21 Mil) to Dec. 2023 ($-44.64 Mil).


Startengine Crowdfunding Retained Earnings Historical Data

The historical data trend for Startengine Crowdfunding'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.

Startengine Crowdfunding Retained Earnings Chart

Startengine Crowdfunding Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-18.94 -28.21 -44.64

Startengine Crowdfunding Quarterly Data
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 -28.93 -32.02 -36.00 -44.64 -48.66

Startengine Crowdfunding 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.


Startengine Crowdfunding  (OTCPK:STGC) 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.


Startengine Crowdfunding (Startengine Crowdfunding) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4100 West Alameda Avenue, 3rd Floor, Burbank, CA, USA, 91505
Startengine Crowdfunding Inc is an equity crowdfunding platform. The company allows investors and common people to invest in start-up projects and early-stage companies. Also, it facilitates small and medium-sized businesses in raising capital at every stage and provides related services.
Executives
Joshua Daniel Amster officer: VP, Fundraising 16029 SKYTOP RD ENCINO CA 91436
Jonathan Reyes officer: Chief Compliance Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Aubrey Chernick 10 percent owner C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Lee Miller 10 percent owner 1014 23RD ST. SANTA MONICA CA 90403
Johanna Cronin officer: Chief Marketing Officer 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Howard Edward Marks director, 10 percent owner, officer: Chief Executive Officer 2900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Ronald David Miller director, 10 percent owner 3900 W ALAMEDA AVE STE 1200 BURBANK CA 91505
Jebsen Allen C D officer: SVP, Fundraising 3900 W ALAMEDA AVE SUITE 1200 BURBANK CA 91505
Hunter Strassman officer: VP, Finance C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE STRE 1200 BURBANK CA 91515
Joeseph Mathews officer: Chief Technology Officer C/O STARTENGINE CROWDFUNDING INC. 3900 W ALAMEDA AVE. SUITE 1200 BURBANK CA 91505

Startengine Crowdfunding (Startengine Crowdfunding) Headlines

From GuruFocus

This Insider Just Sold Shares of Startengine Crowdfunding Inc

By GuruFocus Research GuruFocus Editor 12-22-2022