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Blueone Card (Blueone Card) Retained Earnings : $-3.46 Mil (As of Dec. 2023)


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What is Blueone Card Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blueone Card's retained earnings for the quarter that ended in Dec. 2023 was $-3.46 Mil.

Blueone Card's quarterly retained earnings declined from Jun. 2023 ($-2.58 Mil) to Sep. 2023 ($-3.00 Mil) and declined from Sep. 2023 ($-3.00 Mil) to Dec. 2023 ($-3.46 Mil).

Blueone Card's annual retained earnings declined from Mar. 2021 ($-0.61 Mil) to Mar. 2022 ($-1.14 Mil) and declined from Mar. 2022 ($-1.14 Mil) to Mar. 2023 ($-2.26 Mil).

Blueone Card Retained Earnings Historical Data

The historical data trend for Blueone Card'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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Blueone Card Retained Earnings Chart

Blueone Card Annual Data
Trend Mar10 Mar11 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -0.02 -0.33 -0.61 -1.14 -2.26

Blueone Card Quarterly Data
Jun11 Sep11 Dec11 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -1.82 -2.26 -2.58 -3.00 -3.46

Blueone Card 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.

Blueone Card  (OTCPK:BCRD) 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.

Blueone Card (Blueone Card) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Blueone Card Inc (OTCPK:BCRD) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
4695 McArther Court, Suite 1100, Newport Beach, CA, USA, 92260
Website
https://www.blueonecard.com
Blueone Card Inc is a financial services company that makes it easy for its customers to make mass payments of all sorts. The company payout solutions and prepaid card solutions to consumers and corporations in more than 30 countries transforming Card-to-Card Cross Border Real-Time Global Money Transfers. Its services include Cash via the agent, Check delivery and Prepaid-Cards.
Executives
Taegyu Choi director 4695 MACARTHUR BLVD, SUITE 1100, NEWPORT BEACH CA 92660
Dong Sung Lee director 4695 MACARTHUR BLVD, SUITE 1100, NEWPORT BEACH CA 92660
James Koh director, 10 percent owner, officer: CEO 3435 WILSHIRE BOULEVARD, SUITE 1720, LOS ANGELES CA 90010
Irina Goldman director, 10 percent owner, officer: President, Secretary 5 VICTORY ROAD, SUFFERN NY 10901