GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Bravo Multinational Inc (OTCPK:BRVO) » Definitions » Retained Earnings

Bravo Multinational (Bravo Multinational) Retained Earnings : $-95.93 Mil (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Bravo Multinational Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bravo Multinational's retained earnings for the quarter that ended in Mar. 2024 was $-95.93 Mil.

Bravo Multinational's quarterly retained earnings declined from Sep. 2023 ($-95.69 Mil) to Dec. 2023 ($-95.79 Mil) and declined from Dec. 2023 ($-95.79 Mil) to Mar. 2024 ($-95.93 Mil).

Bravo Multinational's annual retained earnings declined from Dec. 2021 ($-90.41 Mil) to Dec. 2022 ($-90.94 Mil) and declined from Dec. 2022 ($-90.94 Mil) to Dec. 2023 ($-95.79 Mil).


Bravo Multinational Retained Earnings Historical Data

The historical data trend for Bravo Multinational'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.

Bravo Multinational Retained Earnings Chart

Bravo Multinational Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -29.52 -89.99 -90.41 -90.94 -95.79

Bravo Multinational 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 -91.08 -91.16 -95.69 -95.79 -95.93

Bravo Multinational 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.


Bravo Multinational  (OTCPK:BRVO) 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.


Bravo Multinational (Bravo Multinational) Business Description

Traded in Other Exchanges
N/A
Address
2020 General Booth Boulevard, Unit 230, Virginia Beach, VA, USA, 23454
Bravo Multinational Inc is engaged in the business of leasing gaming equipment. It offers slot machines; blackjack and miscellaneous game tables, related furniture and equipment; roulette table and bingo equipment. Its equipment also includes casino chips, bill acceptors, coin counter and related equipment, and miscellaneous office equipment, such as chairs and tables. Geographically the operations function through the region of the United States.
Executives
Merle Ferguson director, 10 percent owner, officer: CEO/Chairman 2020 GENERAL BOOTH BLVD., SUITE 230, VIRGINIA BEACH VA 23454
Kayla Slick director, officer: COO 4413 TRIPOLI DRIVE, LAFAYETTE IN 47909
Grant Cramer director, officer: CEO 10311 CLUSTERBERRY CT, LOS ANGELES CA 90077
Hagan Frank J Jr. director, officer: President 7941 SELMA AVENUE, #226, LOS ANGELES CA 90046
Josh Vance director 312 E SOUTH TEMPLE, SALT LAKE CITY UT 84111
Diversified Consultants, Llc 10 percent owner 8068 W. SAHARA AVE, SUITE C, LAS VEGAS NV 89117
Susan Donohue 10 percent owner, other: Company Consultant 19001 S. RICHFIELD AVE, #102, GREEN VALLEY AZ 85614
Julios Kosta 10 percent owner 30 WEST BEAVER CREEK, SUITE 105, RICHMOND HILL A6 L1V 7G8
Douglas Barry Brooks director, officer: Vice-president 590 YORK ROAD, UNIT #3, NIAGARA ON THE LAKE A6 L0S 1J0
Richard Kaiser Kaiser officer: Secretary 3419 VIRGINIA BEACH BLVD, UNIT 252, VIRGINIA BEACH VA 23452
Paul Parliament director P.O.B 299, ST. DAVIDS A6 L0S 1P0
Prosser John G Ii director 691 NORTH SQUIRREL ROAD, SUITE 105, AUBURN HILLS MI 48326
Martin Wolfe director 1807-7 TOWNSGATE DRIVE, THORNHILL A6 L4J7Z9
Lewis J Georges director 101 WEST MAIN STREET, SUITE 400, NORFOLK VA 23510
Denise Quilliam director, 10 percent owner, officer: SECRETARY 7270 WOODBINE AVE, SUITE 200 L3R 4B9, MARKHAM ONTARIO