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Gen2 Technologies (Gen2 Technologies) Retained Earnings : $0.09 Mil (As of Oct. 2017)


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What is Gen2 Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gen2 Technologies's retained earnings for the quarter that ended in Oct. 2017 was $0.09 Mil.

Gen2 Technologies's quarterly retained earnings increased from Apr. 2017 ($-1.37 Mil) to Jul. 2017 ($0.20 Mil) but then declined from Jul. 2017 ($0.20 Mil) to Oct. 2017 ($0.09 Mil).

Gen2 Technologies's annual retained earnings declined from Apr. 2015 ($-0.33 Mil) to Apr. 2016 ($-0.40 Mil) and declined from Apr. 2016 ($-0.40 Mil) to Apr. 2017 ($-1.37 Mil).


Gen2 Technologies Retained Earnings Historical Data

The historical data trend for Gen2 Technologies'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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Gen2 Technologies Retained Earnings Chart

Gen2 Technologies Annual Data
Trend Apr11 Apr12 Apr13 Apr14 Apr15 Apr16 Apr17
Retained Earnings
Get a 7-Day Free Trial -0.19 -0.27 -0.33 -0.40 -1.37

Gen2 Technologies Quarterly Data
Jan13 Apr13 Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17
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 -1.16 -1.30 -1.37 0.20 0.09

Gen2 Technologies 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.


Gen2 Technologies  (OTCPK:MNIZ) 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.


Gen2 Technologies (Gen2 Technologies) Business Description

Traded in Other Exchanges
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Address
1955 Baring Boulvard, Suite A, Sparks, NV, USA, 89434
Gen2 Technologies Inc is the next generation in live-action broadcasting technology. It is a full-service provider geared to professional leagues and athletes, whether it be traditional sports, extreme sports, or esports, that allows fans to watch them in action from perspectives that do not exist.