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BTCS (BTCS) Retained Earnings : $-138.68 Mil (As of Dec. 2023)


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What is BTCS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BTCS's retained earnings for the quarter that ended in Dec. 2023 was $-138.68 Mil.

BTCS's quarterly retained earnings declined from Jun. 2023 ($-153.91 Mil) to Sep. 2023 ($-154.55 Mil) but then increased from Sep. 2023 ($-154.55 Mil) to Dec. 2023 ($-138.68 Mil).

BTCS's annual retained earnings declined from Dec. 2021 ($-135.59 Mil) to Dec. 2022 ($-151.48 Mil) but then increased from Dec. 2022 ($-151.48 Mil) to Dec. 2023 ($-138.68 Mil).


BTCS Retained Earnings Historical Data

The historical data trend for BTCS'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.

BTCS Retained Earnings Chart

BTCS Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -116.98 -119.54 -135.59 -151.48 -138.68

BTCS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 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 -151.48 -152.90 -153.91 -154.55 -138.68

BTCS 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.


BTCS  (NAS:BTCS) 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.


BTCS (BTCS) Business Description

Traded in Other Exchanges
Address
9466 Georgia Avenue, Suite 124, Silver Spring, MD, USA, 20910
BTCS Inc is engaged in the business of hosting an online e-commerce marketplace where consumers can purchase merchandise using Digital Assets, including bitcoin. The company focuses on blockchain and Digital Asset ecosystems. The firm operates a beta e-commerce marketplace, which accepts a range of digital currencies, has designed a beta secure digital currency storage solution BTCS Wallet.
Executives
Charles W Allen director, 10 percent owner, officer: CEO and CFO and Director 1881 N. NASH STREET, UNIT 701, ARLINGTON VA 22209
Melanie Pump director 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Manish Paranjape officer: Chief Technology Officer 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Prevoznik Michael Edward Jr officer: Chief Financial Officer 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Andrew Lee officer: Chief Financial Officer 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Charles Benjamin Lee director 1525 MIRAMONTE AVE #3451, LOS ALTOS CA 94024
Van Cleef Carol R director 9466 GEORGIA AVENUE #124, SILVER SPRING MD 20910
Michal Handerhan director, 10 percent owner, officer: COO and Chairman 10020 RAYNOR DR, SILVER SPRING MD 20901
David Garrity director 157 EAST 32ND STREET, APT. 19B, NEW YORK NY 10016
Jonathan R Read director 6711 E. CAMELBACK RD, #32, SCOTTSDALE AZ 85251
Kiser Charles Arlen Jr. 10 percent owner, officer: Chief Marketing Officer 1701 N. KENT ST., ARLINGTON VA 22209
Timothy Andrew Sidie director, 10 percent owner, officer: CTO and Director 8022 LAKETOWNE CT., SEVERN MD 21144