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Atlas Technology Group (Atlas Technology Group) Retained Earnings : $-31.15 Mil (As of Dec. 2023)


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What is Atlas Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Atlas Technology Group's retained earnings for the quarter that ended in Dec. 2023 was $-31.15 Mil.

Atlas Technology Group's quarterly retained earnings declined from Jun. 2023 ($-31.10 Mil) to Sep. 2023 ($-31.12 Mil) and declined from Sep. 2023 ($-31.12 Mil) to Dec. 2023 ($-31.15 Mil).

Atlas Technology Group's annual retained earnings declined from Dec. 2021 ($-30.96 Mil) to Dec. 2022 ($-31.05 Mil) and declined from Dec. 2022 ($-31.05 Mil) to Dec. 2023 ($-31.15 Mil).


Atlas Technology Group Retained Earnings Historical Data

The historical data trend for Atlas Technology Group'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.

Atlas Technology Group Retained Earnings Chart

Atlas Technology Group Annual Data
Trend Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.86 -30.85 -30.96 -31.05 -31.15

Atlas Technology Group Quarterly Data
Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -31.05 -31.08 -31.10 -31.12 -31.15

Atlas Technology Group 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.


Atlas Technology Group  (OTCPK:ATYG) 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.


Atlas Technology Group (Atlas Technology Group) Business Description

Traded in Other Exchanges
N/A
Address
PO Box 147165, Lakewood, CO, USA, 80214
Atlas Technology Group, Inc., a Florida corporation, is a SEC reporting shell company.
Executives
Redgie T Green director, officer: Chief Executive Officer 16538 W. 76TH DR., ARVADA CO 80007
David J Cutler director, 10 percent owner, officer: Chief Financial Officer 4704 HARLEN ST STE. 420, DENVER CO 80212
Robert Blankstein 10 percent owner SUITE 550 - 999 WEST HASTINGS STREET, VANCOUVER A1 V6C 2W2
R Atticus Lowe 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Lance W Helfert 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Opportunity Fund Llc 10 percent owner C/O WEST COAST ASSET MANAGEMENT INC, 2151 ALESANDRO DRIVE, SUITE 100, VENTURA CA 93001
West Coast Asset Management Inc 10 percent owner 1205 COAST VILLAGE ROAD, MONTECITO CA 93108
Paul J Orfalea 10 percent owner 2151 ALESSANDRO DRIVE, SUITE 100, VENTURA CA 93001
Marra Byran Somervell Patrick director, officer: Chief Financial Officer LEVEL 12, WILLBANK HOUSE, 57 WILLIS ST, P.O. BOX 10-158, WELLINGTON Q2 #####
Robert Gardner director SUITE 300, 838 WEST HASTINGS STREET, VANCOUVER A1 V6C 0A6
W Gordon Blankstein director 999 WEST HASTINGS ST, SUITE 550, VANCOUVER A1 V6C 2W2
Peter B Jacobson director 511 36TH STREET, NEWPORT BEACH CA 92663
David C Hayes director, officer: Chief Financial Officer 999 WEST HASTINGS STREET, SUITE 550, VANCOUVER A1 V6C 2W2

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