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Brilliant Earth Group (Brilliant Earth Group) Retained Earnings : $4.4 Mil (As of Mar. 2024)


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What is Brilliant Earth Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Brilliant Earth Group's retained earnings for the quarter that ended in Mar. 2024 was $4.4 Mil.

Brilliant Earth Group's quarterly retained earnings increased from Sep. 2023 ($4.0 Mil) to Dec. 2023 ($4.2 Mil) and increased from Dec. 2023 ($4.2 Mil) to Mar. 2024 ($4.4 Mil).

Brilliant Earth Group's annual retained earnings increased from Dec. 2021 ($1.5 Mil) to Dec. 2022 ($3.7 Mil) and increased from Dec. 2022 ($3.7 Mil) to Dec. 2023 ($4.2 Mil).


Brilliant Earth Group Retained Earnings Historical Data

The historical data trend for Brilliant Earth Group'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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Brilliant Earth Group Retained Earnings Chart

Brilliant Earth Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- - 1.53 3.66 4.25

Brilliant Earth Group Quarterly Data
Dec19 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 3.61 3.76 4.00 4.25 4.39

Brilliant Earth Group 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.


Brilliant Earth Group  (NAS:BRLT) 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.


Brilliant Earth Group (Brilliant Earth Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Grant Avenue, Third Floor, San Francisco, CA, USA, 94108
Brilliant Earth Group Inc designs, procures and sells ethically-sourced diamonds, gemstones and jewelry online and through showrooms. Its sales consist of revenue from diamond, gemstone, and jewelry retail sales. The company sells its products in the U.S. and other international countries, of which a majority of revenue is derived from the U.S.
Executives
Mainsail Gp Iii, Llc 10 percent owner 500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Gavin Turner director, 10 percent owner 500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Jeffrey Chuenhong Kuo officer: Chief Financial Officer C/O BRILLIANT EARTH GROUP, INC., 300 GRANT AVENUE, 3RD FLOOR, SAN FRANCISCO CA 94108
Jennifer Noel Harris director 13785 RESEARCH BLVD., SUITE 150, AUSTIN TX 78750
Ian Bickley director 516 WEST 34TH STREET, NEW YORK NY 10001
Beth Tanara Gerstein director, 10 percent owner, officer: Chief Executive Officer C/O BRILLIANT EARTH GROUP, INC., 300 GRANT AVENUE, 3RD FLOOR, SAN FRANCISCO CA 94108
Eric Scott Grossberg director, 10 percent owner, officer: Executive Chairman C/O BRILLIANT EARTH GROUP, INC., 300 GRANT AVENUE, 3RD FLOOR, SAN FRANCISCO CA 94108
Just Rocks, Inc. 10 percent owner 300 GRANT AVENUE, THIRD FLOOR, SAN FRANCISCO CA 94108
Attica Jaques director MISSION ADVANCEMENT CORP., 2525 E CAMELBACK RD, STE 850, PHOENIX AZ 85016
Beth J Kaplan director 1716 LOCUST STREET, DES MOINES IA 50309
Mainsail Partners Iii, L.p. 10 percent owner 500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Mainsail Co-investors Iii, L.p. 10 percent owner 500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Mainsail Incentive Program, Llc 10 percent owner 500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701
Mainsail Management Company, Llc 10 percent owner 500 WEST 5TH STREET, SUITE 1100, AUSTIN TX 78701