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General Enterprise Ventures (General Enterprise Ventures) Retained Earnings : $-73.00 Mil (As of Mar. 2024)


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What is General Enterprise Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. General Enterprise Ventures's retained earnings for the quarter that ended in Mar. 2024 was $-73.00 Mil.

General Enterprise Ventures's quarterly retained earnings declined from Sep. 2023 ($-69.11 Mil) to Dec. 2023 ($-69.48 Mil) and declined from Dec. 2023 ($-69.48 Mil) to Mar. 2024 ($-73.00 Mil).

General Enterprise Ventures's annual retained earnings declined from Dec. 2021 ($-56.47 Mil) to Dec. 2022 ($-59.38 Mil) and declined from Dec. 2022 ($-59.38 Mil) to Dec. 2023 ($-69.48 Mil).


General Enterprise Ventures Retained Earnings Historical Data

The historical data trend for General Enterprise Ventures'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.

General Enterprise Ventures Retained Earnings Chart

General Enterprise Ventures 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 -56.27 -56.38 -56.47 -59.38 -69.48

General Enterprise Ventures 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 -59.74 -60.09 -69.11 -69.48 -73.00

General Enterprise Ventures 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.


General Enterprise Ventures  (OTCPK:GEVI) 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.


General Enterprise Ventures (General Enterprise Ventures) Business Description

Traded in Other Exchanges
N/A
Address
1740H Del Range Bloulevard, Suite 166, Cheyenne, WY, USA, 82009
General Enterprise Ventures Inc is a fully integrated technology company structured to provide mergers and acquisitions of new and available technology. Through Its services, it incubates first-to-market products and helps existing companies accelerate their product development within all regulatory requirements. The company focuses on its wholly-owned subsidiary Mighty Fire Breaker LLC. Its revenues currently consist of products used for lumber products for fire prevention.
Executives
Robert L Priddy 10 percent owner 9955 AIRTRAN BLVD., *, ORLANDO FL 32827
Michael Falk 10 percent owner 830 THIRD AVENUE, 4TH FLOOR, NEW YORK NY 10017
Comvest Capital, Llc 10 percent owner ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Group Holdings, Llc 10 percent owner ONE NORTH CLEMANTIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Comvest Capital Management Llc 10 percent owner ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
Cvc California Llc 10 percent owner ONE NORTH CLEMATIS STREET, SUITE 300, WEST PALM BEACH FL 33401
James P Stapleton director
Brett Maxwell Clark officer: Chief Financial Officer 3191 TEMPLE AVE., POMONA CA 91768
John A Brunkow director 3191 TEMPLE STE 250, POMONA, CA 91768
Cobbs Cabell F Ii officer: Chief Financial Officer 3191 TEMPLE AVE., SUITE 250, POMONA CA 91768
Timothy J Koziol officer: CEO 3191 TEMPLE AVE, SUITE 250, POMONA CA 91768
Rhodes Clyde E Jr officer: Secretary 3191 TEMPLE AVE, SUITE 250, POMONA CA 91768

General Enterprise Ventures (General Enterprise Ventures) Headlines

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