VRVR (Virtual Interactive Technologies) Retained Earnings: $-9.82 Mil (As of Jun. 2024)


VRVR Virtual Interactive Technologies Corp VRVR
12 GF Score
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What is Virtual Interactive Technologies Retained Earnings?

Virtual Interactive Technologies VRVR 12 Retained Earnings is $-9.82 Mil as of Jun. 2024. GuruFocus rates VRVR with a GF Score™ of 12/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Virtual Interactive Technologies's retained earnings for the quarter that ended in Jun. 2024 was $-9.82 Mil.

Virtual Interactive Technologies's quarterly retained earnings declined from Dec. 2023 ($-9.68 Mil) to Mar. 2024 ($-9.75 Mil) and declined from Mar. 2024 ($-9.75 Mil) to Jun. 2024 ($-9.82 Mil).

Virtual Interactive Technologies's annual retained earnings declined from Sep. 2021 ($-5.13 Mil) to Sep. 2022 ($-6.79 Mil) and declined from Sep. 2022 ($-6.79 Mil) to Sep. 2023 ($-9.60 Mil).

Virtual Interactive Technologies  (OTCPK:VRVR) 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.

Virtual Interactive Technologies Retained Earnings Historical Data

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The historical data trend for Virtual Interactive 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.

Virtual Interactive Technologies Retained Earnings Chart

Virtual Interactive Technologies Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.01 -5.02 -5.13 -6.79 -9.60

Virtual Interactive Technologies Quarterly Data
Aug19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -7.08 -9.60 -9.68 -9.75 -9.82
VRVR
12GF Score
Virtual Interactive Technologies Corp VRVR
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Virtual Interactive 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-9.82 Mil mean?
Virtual Interactive Technologies (VRVR) has a Retained Earnings of $-9.82 Mil as of Jun. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Virtual Interactive Technologies and its competitors.
Is Virtual Interactive Technologies' Retained Earnings too high?
Virtual Interactive Technologies' current Retained Earnings is $-9.82 Mil. Overall, Virtual Interactive Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Virtual Interactive Technologies' Retained Earnings compare to FMHS and GROM?
Virtual Interactive Technologies' Retained Earnings of $-9.82 Mil can be compared against companies in the Interactive Media industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Interactive Media company?
A good Retained Earnings depends on the Interactive Media industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Virtual Interactive Technologies and its competitors. Virtual Interactive Technologies's current Retained Earnings is $-9.82 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtual Interactive Technologies stock overvalued right now?
Virtual Interactive Technologies (VRVR) has a current Retained Earnings of $-9.82 Mil. The current Retained Earnings is $-9.82 Mil. Virtual Interactive Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Virtual Interactive Technologies (VRVR), the current Retained Earnings is $-9.82 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Virtual Interactive Technologies Business Description

Address 600 17th Street, Suite 2800 South, Denver, CO, USA, 80202
Virtual Interactive Technologies Corp is a next-generation game and metaverse developer that creates immersion experiences by harnessing the latest technologies, including Blockchain and digital assets. The Company's newly launched brand, Extrosive, is building a metaverse that replaces traditional boring financial experiences with a new paradigm, global Prosperity space (gPs). This new asset class dynamically augments global and local realities and builds communities of aligned financial values, virtuous economies, and a trusted network. The Company also entered into a joint development partnership with Duane Lee Dog Chapman, of the Dog The Bounty Hunter fame, to develop and promote multiple games across several platforms.
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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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