BSFAF (BSF Enterprise) Retained Earnings: $-8.33 Mil (As of Mar. 2026)

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What is BSF Enterprise Retained Earnings?

BSF Enterprise BSFAF Retained Earnings is $-8.33 Mil as of Mar. 2026. The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BSF Enterprise's retained earnings for the quarter that ended in Mar. 2026 was $-8.33 Mil.

BSF Enterprise's quarterly retained earnings declined from Mar. 2025 ($-6.42 Mil) to Sep. 2025 ($-7.15 Mil) and declined from Sep. 2025 ($-7.15 Mil) to Mar. 2026 ($-8.33 Mil).

BSF Enterprise's annual retained earnings declined from Sep. 2023 ($-3.10 Mil) to Sep. 2024 ($-5.52 Mil) and declined from Sep. 2024 ($-5.52 Mil) to Sep. 2025 ($-7.15 Mil).

BSF Enterprise  (OTCPK:BSFAF) 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.

BSF Enterprise Retained Earnings Historical Data

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The historical data trend for BSF Enterprise'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.

BSF Enterprise Retained Earnings Chart

BSF Enterprise Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Retained Earnings
Get a 7-Day Free Trial -0.34 -1.13 -3.10 -5.52 -7.15

BSF Enterprise Semi-Annual Data
Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24 Mar25 Sep25 Mar26
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 -4.28 -5.52 -6.42 -7.15 -8.33

BSF Enterprise 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-8.33 Mil mean?
BSF Enterprise (BSFAF) has a Retained Earnings of $-8.33 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on BSF Enterprise and its competitors.
Is BSF Enterprise's Retained Earnings too high?
BSF Enterprise's current Retained Earnings is $-8.33 Mil.
How does BSF Enterprise's Retained Earnings compare to VRTX and REGN?
BSF Enterprise's Retained Earnings of $-8.33 Mil can be compared against companies in the Biotechnology industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Biotechnology company?
A good Retained Earnings depends on the Biotechnology industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on BSF Enterprise and its competitors. BSF Enterprise's current Retained Earnings is $-8.33 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is BSF Enterprise stock overvalued right now?
BSF Enterprise (BSFAF) has a current Retained Earnings of $-8.33 Mil. The current Retained Earnings is $-8.33 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For BSF Enterprise (BSFAF), the current Retained Earnings is $-8.33 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

BSF Enterprise Business Description

Other Exchanges BSFA:UK
Address 2 Portman Street, London, GBR, W1H 6DU
BSF Enterprise PLC is a United Kingdom-based biotech company. The Company is focused on developing biotechnological solutions using cell-based tissue engineering to help generate cultured meat, lab-grown leather, as well as human corneas, collagen growth and skin substitutes. The Company operates through its wholly owned subsidiary, 3D Bio-Tissues Limited (3DBT), which is a clinical and cellular agriculture company engaged in producing human corneas that could help restore vision to millions of people.