MSPR (MSP Recovery) Retained Earnings : $-159.42 Mil (As of Sep. 2024)

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What is MSP Recovery Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MSP Recovery's retained earnings for the quarter that ended in Sep. 2024 was $-159.42 Mil.

MSP Recovery's quarterly retained earnings declined from Mar. 2024 ($-104.43 Mil) to Jun. 2024 ($-129.57 Mil) and declined from Jun. 2024 ($-129.57 Mil) to Sep. 2024 ($-159.42 Mil).

MSP Recovery's annual retained earnings declined from Dec. 2021 ($0.00 Mil) to Dec. 2022 ($-29.20 Mil) and declined from Dec. 2022 ($-29.20 Mil) to Dec. 2023 ($-85.55 Mil).

MSP Recovery Retained Earnings Historical Data

The historical data trend for MSP Recovery'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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MSP Recovery Retained Earnings Chart

MSP Recovery Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-29.20

-85.55

MSP Recovery Quarterly Data
	Dec20	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial										-62.09	-85.55	-104.43	-129.57	-159.42

MSP Recovery 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.

MSP Recovery (NAS:MSPR) 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.

MSP Recovery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » MSP Recovery Inc (NAS:MSPR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

CN5:Germany

Address

2701 South Le Jeune Road, 10th Floor, Coral Gables, FL, USA, 33134

Website

https://www.msprecovery.com

MSP Recovery Inc is a healthcare recovery and data analytics company. The business model includes two principal lines of business: Claims Recovery and Chase to Pay Services. It offers an antiquated healthcare reimbursement system with data-driven solutions to secure recoveries against responsible parties. MSP Recovery provides the healthcare industry with comprehensive compliance solutions platform to recover any claims where the law places primary payment responsibility on another payer.

Executives

John Hasan Ruiz	director, 10 percent owner, officer: Chief Executive Officer	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Cano Health, Inc.	10 percent owner	9725 NW 117TH AVENUE, SUITE 200, MIAMI FL 33178
Frank Carlos Quesada	director, 10 percent owner, officer: See Remarks	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Ricardo Rivera	officer: See Remarks	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Nomura Securities International Inc	10 percent owner	WORLDWIDE PLAZA, 309 WEST 49TH STREET, NEW YORK NY 10019
Calvin Hamstra	officer: Chief Financial Officer	2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Alexandra Marie Plasencia	officer: General Counsel	C/O MSP RECOVERY, 2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Thomas W Hawkins	director	GERALD STEVENS INC, PO BOX 350526, FORT LAUDERDALE FL 33335-0526
Ophir Sternberg	director, 10 percent owner	C/O OPES ACQUISITION CORP., JAVIER BARROS SIERRA 540, OF. 103, MEXICO CITY O5 01210
Michael Frederick Arrigo	director	2701 S LE JEUNE ROAD, 10TH FLOOR, CORAL GABLES FL 33134-5809
Nomura Holdings Inc	10 percent owner	1-13-1 NIHONBASHI, CHUO-KU, TOKYO M0 103-8645
Oliver Spv Holdings Llc	10 percent owner	822 OLIVER ST., WOODMERE NY 11598
Boris Hirmas	10 percent owner	4128 NE 2ND AVENUE, MIAMI FL 33137
Jls Equities Llc	10 percent owner	58 LARCH HILL ROAD, LAWRENCE NY 11559
Jessica Wasserstrom	10 percent owner	4128 NE 2ND AVENUE, MIAMI FL 33137