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Exeo Entertainment (Exeo Entertainment) Retained Earnings : $-13.74 Mil (As of Feb. 2022)


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What is Exeo Entertainment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Exeo Entertainment's retained earnings for the quarter that ended in Feb. 2022 was $-13.74 Mil.

Exeo Entertainment's quarterly retained earnings declined from Aug. 2021 ($-13.07 Mil) to Nov. 2021 ($-13.52 Mil) and declined from Nov. 2021 ($-13.52 Mil) to Feb. 2022 ($-13.74 Mil).

Exeo Entertainment's annual retained earnings declined from Nov. 2019 ($-10.12 Mil) to Nov. 2020 ($-11.93 Mil) and declined from Nov. 2020 ($-11.93 Mil) to Nov. 2021 ($-13.52 Mil).


Exeo Entertainment Retained Earnings Historical Data

The historical data trend for Exeo Entertainment'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.

Exeo Entertainment Retained Earnings Chart

Exeo Entertainment Annual Data
Trend Nov12 Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.37 -8.58 -10.12 -11.93 -13.52

Exeo Entertainment Quarterly Data
May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22
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 -12.34 -12.86 -13.07 -13.52 -13.74

Exeo Entertainment 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.


Exeo Entertainment  (OTCPK:EXEO) 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.


Exeo Entertainment (Exeo Entertainment) Business Description

Traded in Other Exchanges
N/A
Address
4478 Wagon Trail Avenue, Las Vegas, NV, USA, 89118
Exeo Entertainment Inc is a United States based company engaged in designing, developing, licensing, manufacturing, and marketing consumer electronics in the video gaming, music and smart television sector. The company is focused on the development of Psyko, which is a surround sound gaming headphone for consoles; Krankz MAXX Bluetooth wireless headphones; Zaaz Smart television keyboards; the Extreme Gamer; a multi-disc video game changer, and an Android-based portable gaming system.
Executives
Robert Scott Amaral director, 10 percent owner, officer: CEO 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118
Jeffrey Alan Weiland director, 10 percent owner, officer: President 4478 WAGON TRAIL AVE, LAS VEGAS NV 89118

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