EOXFF (Euromax Resources) Retained Earnings: $-87.53 Mil (As of Mar. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

What is Euromax Resources Retained Earnings?

Euromax Resources EOXFF -10.36% Retained Earnings is $-87.53 Mil as of Mar. 2026.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Euromax Resources's retained earnings for the quarter that ended in Mar. 2026 was $-87.53 Mil.

Euromax Resources's quarterly retained earnings declined from Sep. 2025 ($-84.67 Mil) to Dec. 2025 ($-85.92 Mil) and declined from Dec. 2025 ($-85.92 Mil) to Mar. 2026 ($-87.53 Mil).

Euromax Resources's annual retained earnings increased from Dec. 2023 ($-82.28 Mil) to Dec. 2024 ($-81.11 Mil) but then declined from Dec. 2024 ($-81.11 Mil) to Dec. 2025 ($-85.92 Mil).


Euromax Resources  (OTCPK:EOXFF) 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.


Euromax Resources Retained Earnings Historical Data

* Premium members only.

The historical data trend for Euromax Resources'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.

Euromax Resources Retained Earnings Chart

Euromax Resources Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -79.19 -79.55 -82.28 -81.11 -85.92

Euromax Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -80.12 -83.80 -84.67 -85.92 -87.53

Euromax Resources 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 $-87.53 Mil mean?
Euromax Resources (EOXFF) has a Retained Earnings of $-87.53 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Euromax Resources and its competitors.
Is Euromax Resources' Retained Earnings too high?
Euromax Resources' current Retained Earnings is $-87.53 Mil.
How does Euromax Resources' Retained Earnings compare to competitors?
Euromax Resources' Retained Earnings of $-87.53 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining 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 Euromax Resources and its competitors. Euromax Resources's current Retained Earnings is $-87.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Euromax Resources stock overvalued right now?
Euromax Resources (EOXFF) has a current Retained Earnings of $-87.53 Mil. The current Retained Earnings is $-87.53 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 Euromax Resources (EOXFF), the current Retained Earnings is $-87.53 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.

Euromax Resources Business Description

Other Exchanges EOX:Canada
Address Boulevard Partizanski Odredi No. 14, 1/2-3 Skopje, Skopje, MKD, 1000
Euromax Resources Ltd is a Canadian-based firm focused on developing the Ilovica-Shtuka copper and gold project in Macedonia. The company is also engaged in greenfield development in the Balkans. The group operates in one sector in the mining industry, i.e. the exploration and development of mineral rights interests. Its segments are Macedonia, and Corporate.