GOMRF (Geomega Resources) Retained Earnings: $-31.34 Mil (As of Feb. 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.

GOMRF Geomega Resources Inc GOMRF
28 GF Score
Price $0.19
! 2 Warning Signs
View Full Analysis

What is Geomega Resources Retained Earnings?

Geomega Resources GOMRF -7.17% 28 Retained Earnings is $-31.34 Mil as of Feb. 2026. GuruFocus rates GOMRF with a GF Score™ of 28/100. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Geomega Resources's retained earnings for the quarter that ended in Feb. 2026 was $-31.34 Mil.

Geomega Resources's quarterly retained earnings increased from Aug. 2025 ($-31.99 Mil) to Nov. 2025 ($-30.25 Mil) but then declined from Nov. 2025 ($-30.25 Mil) to Feb. 2026 ($-31.34 Mil).

Geomega Resources's annual retained earnings declined from May. 2023 ($-28.79 Mil) to May. 2024 ($-29.95 Mil) and declined from May. 2024 ($-29.95 Mil) to May. 2025 ($-31.39 Mil).


Geomega Resources  (OTCPK:GOMRF) 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.


Geomega Resources Retained Earnings Historical Data

* Premium members only.

The historical data trend for Geomega 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.

Geomega Resources Retained Earnings Chart

Geomega Resources Annual Data
Trend May16 May17 May18 May19 May20 May21 May22 May23 May24 May25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.75 -29.17 -28.79 -29.95 -31.39

Geomega Resources Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
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 -29.69 -31.39 -31.99 -30.25 -31.34
GOMRF
28GF Score
Geomega Resources Inc GOMRF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Geomega 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 $-31.34 Mil mean?
Geomega Resources (GOMRF) has a Retained Earnings of $-31.34 Mil as of Feb. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Geomega Resources and its competitors.
Is Geomega Resources' Retained Earnings too high?
Geomega Resources' current Retained Earnings is $-31.34 Mil. Overall, Geomega Resources has a GF Score™ of 28/100, reflecting its overall financial health beyond just this single metric.
How does Geomega Resources' Retained Earnings compare to competitors?
Geomega Resources' Retained Earnings of $-31.34 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 Geomega Resources and its competitors. Geomega Resources's current Retained Earnings is $-31.34 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Geomega Resources stock overvalued right now?
Geomega Resources (GOMRF) has a current Retained Earnings of $-31.34 Mil. The current Retained Earnings is $-31.34 Mil. Geomega Resources' overall GF Score™ is 28/100 with 2 warning signs to review. 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 Geomega Resources (GOMRF), the current Retained Earnings is $-31.34 Mil as of Feb. 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.

Geomega Resources Business Description

Other Exchanges 92G:GermanyGMA:Canada
Address 75 Boulevard de Mortagne, Boucherville, QC, CAN, J4B 6Y4
Geomega Resources Inc is engaged in the acquisition, exploration, and evaluation of mining properties in Canada. It primarily explores for rare earth elements and niobium deposits. It holds an interest in Montviel property on the discovery and development of deposits of metals in Quebec. The Montviel property is located approximately 100 kilometers north of Lebel-sur-Quevillon and Buckingham property.
28GF Score

Get the complete analysis for GOMRF

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.19
Price