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Visium Technologies (Visium Technologies) Retained Earnings : $-62.78 Mil (As of Mar. 2024)


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What is Visium Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Visium Technologies's retained earnings for the quarter that ended in Mar. 2024 was $-62.78 Mil.

Visium Technologies's quarterly retained earnings declined from Sep. 2023 ($-60.94 Mil) to Dec. 2023 ($-62.15 Mil) and declined from Dec. 2023 ($-62.15 Mil) to Mar. 2024 ($-62.78 Mil).

Visium Technologies's annual retained earnings declined from Jun. 2021 ($-51.37 Mil) to Jun. 2022 ($-56.56 Mil) and declined from Jun. 2022 ($-56.56 Mil) to Jun. 2023 ($-59.87 Mil).


Visium Technologies Retained Earnings Historical Data

The historical data trend for Visium 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.

* Premium members only.

Visium Technologies Retained Earnings Chart

Visium Technologies Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -46.45 -47.99 -51.37 -56.56 -59.87

Visium Technologies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -59.05 -59.87 -60.94 -62.15 -62.78

Visium 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.


Visium Technologies  (OTCPK:VISM) 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.


Visium Technologies (Visium Technologies) Business Description

Traded in Other Exchanges
N/A
Address
4094 Majestic Lane, Suite 360, Fairfax, VA, USA, 22033
Visium Technologies Inc is a Virginia based company focused on providing innovative cybersecurity solutions to businesses which protect and secure the operating landscape of the enterprise and their data assets. The Company operates in one business segment which technologies are focused on cybersecurity. The company's focus is on test and measurement, test and evaluation, and cybersecurity solutions to protect connected devices (Internet of Things, or "IoT" and Industrial Internet of Things "IIoT"). This includes securing industrial systems from penetration. The company do this through a proprietary IoT test platform which it calls the Cyber Physical Test Bench, and by visualizing and prioritizing remediation of technology risks.
Executives
Adote Solomon Nii Akwei director 623 RAVENGLASS DRIVE, BASEMENT, TOWNSEND DE 19734
Wayne Harrison Monk director 1220 CLUB COVE DR, GREENSBORO GA 30642
Thomas Michael Grbelja director, 10 percent owner 151 BIRCH ROAD, FRANKLIN LAKES NJ 07417
Mark Burdon Lucky officer: CFO 22900 SHAW ROAD, SUITE 111, STERLING VA 20166
Henry Jameson Holcombe officer: CEO 3513 BROADRUN DR, FAIRFAX VA 22033
Paul Anthony Favata director 110 18TH AVENUE SOUTH, SAINT PETERSBURG FL 33705
Sterling Kevin Yates officer: CEO 1201 MAIN ST., SUITE 1980, COLUMBIA SC 29201
Frank Phillip Reilly director 1415 SUNSET HARBOUR DRIVE, APT 406, MIAMI BEACH FL 33139
David S Brooks director 7 THACKERAY PLACE, DURHAM NC 27707
Richard Hersh director, officer: Chief Executive Officer 903 CLINT MOORE ROAD, BOCA RATON FL 33487
Brett L Kublin director 7311 NORTHEAST 1ST PLACE, MIAMI FL 33138
Michael J Darden director, officer: President 903 CLINT MOORE ROAD, BOCA RATON FL 33487