NUGN (Livento Group) Retained Earnings : $-18.65 Mil (As of Sep. 2024)

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What is Livento Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Livento Group's retained earnings for the quarter that ended in Sep. 2024 was $-18.65 Mil.

Livento Group's quarterly retained earnings increased from Mar. 2024 ($-18.50 Mil) to Jun. 2024 ($-18.27 Mil) but then declined from Jun. 2024 ($-18.27 Mil) to Sep. 2024 ($-18.65 Mil).

Livento Group's annual retained earnings declined from Dec. 2021 ($-11.96 Mil) to Dec. 2022 ($-12.45 Mil) and declined from Dec. 2022 ($-12.45 Mil) to Dec. 2023 ($-19.02 Mil).

Livento Group Retained Earnings Historical Data

The historical data trend for Livento Group'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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Livento Group Retained Earnings Chart

Livento Group Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec21

Dec22

Dec23

Retained Earnings

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-6.57

-18.39

-11.96

-12.45

-19.02

Livento Group Quarterly Data
	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-18.64	-19.02	-18.50	-18.27	-18.65

Livento Group 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.

Livento Group (OTCPK:NUGN) 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.

Livento Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Livento Group Inc (OTCPK:NUGN) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

17 State Street, Suite 4000, New York, NY, USA, 10004

Website

https://www.liventogroup.com

Livento Group Inc is a USA-based company focused on disruptive business models. Its main area of business is the production of premium film and television content for international audiences across multiple genres under the new brand BOXO Productions. The company also develops proprietary artificial intelligence (AI) & machine learning products that incorporate risk analysis, predictive maintenance, and operational forecasting into the decision-making process. It currently occupies space within serviced office suites in New York City and Prague in the Czech Republic.

Executives

Henriksen Michael Gregory Max	officer: Chief Investment Officer	P.O. BOX 15228, SPOKANE VALLEY WA 99215
Justin Mathews	officer: Manager	17 STATE STREET, SUITE 4000, NEW YORK NY 10004
David Zich	officer: Secretary - Treasurer	17 STATE STREET, SUITE 4000, NEW YORK NY 10004
David Stybr	director, officer: CEO	17 STATE STREET, SUITE 4000, NEW YORK NY 10004