Parvis Invest (TSXV:PVIS) Retained Earnings : C$-5.77 Mil (As of Dec. 2024)

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What is Parvis Invest Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Parvis Invest's retained earnings for the quarter that ended in Dec. 2024 was C$-5.77 Mil.

Parvis Invest's quarterly retained earnings declined from Jun. 2024 (C$-4.91 Mil) to Sep. 2024 (C$-5.28 Mil) and declined from Sep. 2024 (C$-5.28 Mil) to Dec. 2024 (C$-5.77 Mil).

Parvis Invest's annual retained earnings declined from Oct. 2021 (C$-0.09 Mil) to Oct. 2022 (C$-1.48 Mil) and declined from Oct. 2022 (C$-1.48 Mil) to Mar. 2024 (C$-4.60 Mil).

Parvis Invest Retained Earnings Historical Data

The historical data trend for Parvis Invest'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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Parvis Invest Retained Earnings Chart

Parvis Invest Annual Data

Trend

Oct21

Oct22

Mar24

Retained Earnings

-0.09

-1.48

-4.60

Parvis Invest Quarterly Data
	Oct21	Jan22	Oct22	Jan23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial						-4.41	-4.60	-4.91	-5.28	-5.77

Parvis Invest 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.

Parvis Invest (TSXV:PVIS) 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.

Parvis Invest Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Parvis Invest Inc (TSXV:PVIS) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

410 West Georgia Street, 3rd Floor, Vancouver, BC, CAN, V6B 1Z3

Website

https://www.parvisinvest.com

Parvis Invest Inc is a technology-driven real estate investing platform. It is focused on broadening access to institutional quality real estate investment opportunities, Parvis promotes greater access in this historically inaccessible and illiquid asset class. Enabled by blockchain technology, the company makes finding, tracking, and maximizing investments an experience that is both frictionless and empowering.

Executives

David Michaud

Director, Senior Officer

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