NXPL (NextPlat) Retained Earnings : $-45.93 Mil (As of Sep. 2024)

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What is NextPlat Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NextPlat's retained earnings for the quarter that ended in Sep. 2024 was $-45.93 Mil.

NextPlat's quarterly retained earnings declined from Mar. 2024 ($-36.41 Mil) to Jun. 2024 ($-41.72 Mil) and declined from Jun. 2024 ($-41.72 Mil) to Sep. 2024 ($-45.93 Mil).

NextPlat's annual retained earnings declined from Dec. 2021 ($-21.99 Mil) to Dec. 2022 ($-31.15 Mil) and declined from Dec. 2022 ($-31.15 Mil) to Dec. 2023 ($-34.93 Mil).

NextPlat Retained Earnings Historical Data

The historical data trend for NextPlat'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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NextPlat Retained Earnings Chart

NextPlat Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-11.12

-13.88

-21.99

-31.15

-34.93

NextPlat Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-33.23	-34.93	-36.41	-41.72	-45.93

NextPlat 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.

NextPlat (NAS:NXPL) 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.

NextPlat Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » NextPlat Corp (NAS:NXPL) » Definitions » Retained Earnings

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Address

3250 Mary Street, Suite 410, Coconut Grove, FL, USA, 33133

Website

https://www.nextplat.com

NextPlat Corp is a global e-commerce and healthcare company. Its e-commerce venues form an effective global network serving thousands of consumers, enterprises, and governments. Its healthcare business is focused on improving the lives of patients with complex chronic diseases through patient and provider engagement and their partnerships with payors, pharmaceutical manufacturers, and distributors, offering a broad range of solutions to address the dispensing, delivery, dosing, and reimbursement of clinically intensive, high-cost drugs. The company operate in two segments: e-Commerce Business and Healthcare Business.

Executives

John Edward Miller	director	1011 W 66TH ST, KANSAS CITY MO 64113
Frost Gamma Investments Trust	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137
Frost Phillip Md Et Al	10 percent owner	4400 BISCAYNE BLVD, MIAMI FL 33137-3227
Rodney Barreto	director	460 MARQUESA DRIVE, CORAL GABLES FL 33156
Charles M. Fernandez	director, officer: CEO & Chairman	C/O FAIRHOLME CAPITAL MANAGEMENT, L.L.C., 4400 BISCAYNE BOULEVARD, 9TH FLOOR, MIAMI FL 33137
David Phipps	director, officer: CEO of Issuer, other: President of Orbital Satcom Co	UNIT G5 ARENA BUSINESS CENTRE, HOLYROOD CLOSE, POOLE X0 BH177FJ
Cecile Munnik	officer: Chief Financial Officer	400 ANSIN BLVD SUITE A, HALLANDALE BEACH FL 33009
Bedwell Robert Phillip Jr.	officer: Chief Compliance Officer	6074 TRUMPET FLOWER AVE.,, FLOWERY BRANCH, GA 30542
Maria Cristina Fernandez	director	200 BISCAYNE BOULEVARD WAY, APT 39, MIAMI FL 33131
Louis Cusimano	director	PO BOX 1156, MONTAUK NY 11954
Douglas Ellenoff	director, officer: Chief Business Development	C/O INTERVISUAL BOOKS INC, 12910 CULVER BLVD #C, LOS ANGELES CA 90066
Paul R Thomson	officer: Executive Vice President	METROMEDIA CO, ONE MEADOWLANDS PLAZA, EAST RUTHERFORD NJ 07073
Andrew Scott Cohen	officer: SVP of Operations	18851 NE 29TH AVE. SUITE 700, AVENTURA FL 33180
Sarwar Uddin	officer: Chief Financial Officer	18851 NE 29TH AVENUE,, SUITE 700, AVENTURA FL 33180
Kendall W. Carpenter	director	6701 S ATLANTA AVE, TULSA OK 74136