GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Laser Photonics Corp (NAS:LASE) » Definitions » Retained Earnings

Laser Photonics (Laser Photonics) Retained Earnings : $-6.23 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Laser Photonics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Laser Photonics's retained earnings for the quarter that ended in Mar. 2024 was $-6.23 Mil.

Laser Photonics's quarterly retained earnings declined from Sep. 2023 ($-3.23 Mil) to Dec. 2023 ($-5.68 Mil) and declined from Dec. 2023 ($-5.68 Mil) to Mar. 2024 ($-6.23 Mil).

Laser Photonics's annual retained earnings declined from Dec. 2021 ($0.27 Mil) to Dec. 2022 ($-1.92 Mil) and declined from Dec. 2022 ($-1.92 Mil) to Dec. 2023 ($-5.68 Mil).


Laser Photonics Retained Earnings Historical Data

The historical data trend for Laser Photonics'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.

Laser Photonics Retained Earnings Chart

Laser Photonics Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-0.02 -0.01 0.27 -1.92 -5.68

Laser Photonics Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -2.16 -2.13 -3.23 -5.68 -6.23

Laser Photonics 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.


Laser Photonics  (NAS:LASE) 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.


Laser Photonics (Laser Photonics) Business Description

Traded in Other Exchanges
N/A
Address
1101 N. Keller Road, Suite G, Orlando, FL, USA, 32810
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.
Executives
Dmitriy Nikitin 10 percent owner 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Tatiana Nikitina director, officer: Secretary, Marketing Director 3217 YATTIKA PLACE, LONGWOOD FL 32779
Arnold Bykov director, officer: Chief Design Engineer 400 RINEHART ROAD #1000, LAKE MARY FL 32746
Wayne Tupuola director, officer: Chief Executive Officer C/O MABWE MINERALS INC, 400 RINEHART ROAD, #1000, LAKE MARY FL 32746
Ict Investments Llc 10 percent owner 3217 YUTTKA PLACE, LONGWOOD FL 32779
Tim Schick officer: VP Finance 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Ryan Tennyson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Glenn Peterson director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Igor Vodopiyanov officer: VP R&D and Product Development 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810
Shara Pathak director 1101 N. KELLER ROAD, SUITE G, ORLANDO FL 32810