Free Flow (Free Flow) Retained Earnings : $-1.32 Mil (As of Mar. 2024)

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What is Free Flow Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Free Flow's retained earnings for the quarter that ended in Mar. 2024 was $-1.32 Mil.

Free Flow's quarterly retained earnings declined from Sep. 2023 ($-2.00 Mil) to Dec. 2023 ($-2.16 Mil) but then increased from Dec. 2023 ($-2.16 Mil) to Mar. 2024 ($-1.32 Mil).

Free Flow's annual retained earnings declined from Dec. 2021 ($0.84 Mil) to Dec. 2022 ($-1.93 Mil) and declined from Dec. 2022 ($-1.93 Mil) to Dec. 2023 ($-2.16 Mil).

Free Flow Retained Earnings Historical Data

The historical data trend for Free Flow'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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Free Flow Retained Earnings Chart

Free Flow Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-0.56

0.29

0.84

-1.93

-2.16

Free Flow 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															-1.95	-1.94	-2.00	-2.16	-1.32

Free Flow 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.

Free Flow (OTCPK:FFLO) 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.

Free Flow (Free Flow) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Free Flow Inc (OTCPK:FFLO) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

6269 Caledon Road, King George, VA, USA, 22485

Website

https://www.freeflowplc.com

Free Flow Inc focuses on the business of used auto parts. It is engaged in disassembling salvaged automobiles and sells presorted automobile parts through a parts locator network. It also owns the formulation and trademark of an Aerosol named HYGIENiQ. It eliminates smoke odor, mold, and mildew and is useful in automobiles and home applications. It consists of multiple businesses which make up subsidiaries and divisions: Accurate Auto Parts, Inc; HYGIENIQ.COM; Motors and Metals, Inc.; and Citi Autos, Corp.

Executives

Sabir Saleem

director, 10 percent owner

2301 WOODLAND CROSSING DR., SUITE 155, HERNDON VA 20171