ContextLogic (ContextLogic) Retained Earnings : $-3,246.0 Mil (As of Dec. 2023)

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What is ContextLogic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ContextLogic's retained earnings for the quarter that ended in Dec. 2023 was $-3,246.0 Mil.

ContextLogic's quarterly retained earnings declined from Jun. 2023 ($-3,098.0 Mil) to Sep. 2023 ($-3,178.0 Mil) and declined from Sep. 2023 ($-3,178.0 Mil) to Dec. 2023 ($-3,246.0 Mil).

ContextLogic's annual retained earnings declined from Dec. 2021 ($-2,545.0 Mil) to Dec. 2022 ($-2,929.0 Mil) and declined from Dec. 2022 ($-2,929.0 Mil) to Dec. 2023 ($-3,246.0 Mil).

ContextLogic Retained Earnings Historical Data

The historical data trend for ContextLogic'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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ContextLogic Retained Earnings Chart

ContextLogic Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1,439.00

-2,184.00

-2,545.00

-2,929.00

-3,246.00

ContextLogic Quarterly Data
	Dec17	Dec18	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															-2,929.00	-3,018.00	-3,098.00	-3,178.00	-3,246.00

ContextLogic 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.

ContextLogic (NAS:WISH) 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.

ContextLogic (ContextLogic) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » ContextLogic Inc (NAS:WISH) » Definitions » Retained Earnings

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Traded in Other Exchanges

WISH:Mexico 5ZZ0:Germany 5ZZ0:Germany

Address

One Sansome Street, 33rd Floor, San Francisco, CA, USA, 94104

Website

https://www.wish.com

ContextLogic Inc is an online shopping store. The store provides personalized products, clothing products, accessories, gaming products and equipment, cosmetics, plastic products, mobile covers, and other products. Geographically, it derives a majority of revenue from Europe and also has a presence in North America; South America, and other countries.

Executives

Jerry Louis	officer: Chief Technology Officer	ONE SANSOME STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Stephanie Tilenius	director	C/O IRONPLANET, INC., 4695 CHABOT DRIVE, SUITE 102, PLEASANTON CA 94588
Mauricio Monico	officer: Chief Product Officer	ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Jun Yan	officer: CEO	ONE SANSOME STREET, 33RD FLOOR, SAN FRANCISCO CA 94104
Ying Vivian Liu	officer: CFO and COO	ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Lawrence M Kutscher	director	ONE DIAMOND HILL RD, MURRAY HILL NJ 07974
Brett Just	officer: SVP, Finance	ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Shuyan (rachel) Wang	officer: Head of Data Science	ONE SANSOME STREET 33RD FLOOR, SAN FRANCISCO CA 94104
Tarun Kumar Jain	officer: Chief Product Officer	ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Vijay Talwar	director, officer: Chief Executive Officer	705 FIFTH AVENUE SOUTH, SUITE 900, SEATTLE WA 98104
Piotr Szulczewski	director, 10 percent owner, officer: Founder, CEO, and Chairperson	ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Hans Tung	director	3000 SAND HILL ROAD, BUILDING 4, SUITE 230, MENLO PARK CA 94025
Pai Liu	officer: Vice President of Data Science	ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104
Devang Shah	officer: General Counsel and Secretary	699 8TH STREET, SAN FRANCISCO CA 94103
Hamid Reza Kassaei	officer: Chief Technology Officer	ONE SANSOME STREET 40TH FLOOR, SAN FRANCISCO CA 94104