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Charlies Holdings (Charlies Holdings) Retained Earnings : $-9.59 Mil (As of Mar. 2024)


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What is Charlies Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Charlies Holdings's retained earnings for the quarter that ended in Mar. 2024 was $-9.59 Mil.

Charlies Holdings's quarterly retained earnings declined from Sep. 2023 ($-8.51 Mil) to Dec. 2023 ($-8.54 Mil) and declined from Dec. 2023 ($-8.54 Mil) to Mar. 2024 ($-9.59 Mil).

Charlies Holdings's annual retained earnings declined from Dec. 2021 ($-4.86 Mil) to Dec. 2022 ($-6.45 Mil) and declined from Dec. 2022 ($-6.45 Mil) to Dec. 2023 ($-8.54 Mil).


Charlies Holdings Retained Earnings Historical Data

The historical data trend for Charlies Holdings'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.

Charlies Holdings Retained Earnings Chart

Charlies Holdings 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 -2.48 -9.66 -4.86 -6.45 -8.54

Charlies Holdings 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 -7.84 -7.81 -8.51 -8.54 -9.59

Charlies Holdings 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.


Charlies Holdings  (OTCPK:CHUC) 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.


Charlies Holdings (Charlies Holdings) Business Description

Traded in Other Exchanges
N/A
Address
1007 Brioso Drive, Cosa Mesa, CA, USA, 92627
Charlies Holdings Inc is engaged in the formulation, marketing, and distribution of e-cigarette liquid which is used in both open and closed consumer e-cigarette and vaping systems. In addition, the firm engages in the production of premium vapor, tincture and topical products containing hemp-derived cannabidiol. Geographically, it derives a majority of its revenue from the United States.
Executives
Edward Carmines director C/O CHARLIE'S HOLDINGS, INC., 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Michael D King director 1007 BRIOSO DR., COSTA MESA CA 92627
Henry Iii Sicignano officer: PRESIDENT 8201 MAIN STREET, SUITE 6, WILLIAMSVILLE NY 14221
Matthew P Montesano officer: Chief Financial Officer C/O CHARLIE'S HOLDINGS, INC., 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Keith Stump director C/O CHARLIE'S HOLDINGS, INC., 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Jeffrey G Fox director 1007 BRIOSO DRIVE, COSTA MESA CA 92627
Adam Mirkovich officer: Chief Information Officer C/O TRUE DRINKS HOLDINGS, INC., 1007 BRIOSO DR, COSTA MESA CA 92627
Mitchell Iii Brantley officer: Chief Marketing Officer C/O TRUE DRINKS HOLDINGS, INC., 1007 BRIOSO DR, COSTA MESA CA 92627
David R Allen officer: CFO and Secretary C/O CONVERTED ORGANICS INC., 7A COMMERCIAL WHARF WEST, BOSTON MA 02110
Brandon Stump director, officer: CHIEF EXECUTIVE OFFICER C/O TRUE DRINKS HOLDINGS, INC., 2 PARK PLAZA SUITE 1200, IRVINE CA 92614
Ryan Stump director, officer: Chief Operating Officer C/O TRUE DRINKS HOLDINGS, INC., 2 PARK PLAZA SUITE 1200, IRVINE CA 92614
James J Greco director 18662 MACARTHUR BLVD., #110, IRVIN CA 91612
Scot Cohen director 20 EAST 20TH ST., APT. 6, NEW YORK NY 10003
Boerum Robert Van officer: CHIEF OPERATIONS OFFICER 18552 MACARTHUR BLVD., SUITE 325, IRVINE CA 92612
Ramona L Cappello director 4600 SLEEPYTIME DR, BOULDER CO 80301