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Oculus VisionTech (Oculus VisionTech) Retained Earnings : $-48.47 Mil (As of Mar. 2024)


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What is Oculus VisionTech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oculus VisionTech's retained earnings for the quarter that ended in Mar. 2024 was $-48.47 Mil.

Oculus VisionTech's quarterly retained earnings declined from Sep. 2023 ($-48.29 Mil) to Dec. 2023 ($-48.39 Mil) and declined from Dec. 2023 ($-48.39 Mil) to Mar. 2024 ($-48.47 Mil).

Oculus VisionTech's annual retained earnings declined from Dec. 2021 ($-46.15 Mil) to Dec. 2022 ($-47.80 Mil) and declined from Dec. 2022 ($-47.80 Mil) to Dec. 2023 ($-48.39 Mil).


Oculus VisionTech Retained Earnings Historical Data

The historical data trend for Oculus VisionTech'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.

Oculus VisionTech Retained Earnings Chart

Oculus VisionTech 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 -41.39 -44.16 -46.15 -47.80 -48.39

Oculus VisionTech 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 -48.03 -48.15 -48.29 -48.39 -48.47

Oculus VisionTech 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.


Oculus VisionTech  (OTCPK:OVTZ) 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.


Oculus VisionTech (Oculus VisionTech) Business Description

Traded in Other Exchanges
Address
837 West Hastings Street, Suite 507, Vancouver, BC, CAN, V6C 3N6
Oculus VisionTech Inc. is a Canadian-based development-stage technology company focused on cyber security, data privacy and data protection solutions for Enterprise business customers.
Executives
Anton J Drescher director, officer: Chief Financial Officer (CFO) 837 WEST HASTINGS STREET #507, VANCOUVER BC, CANADA V6C 3N6 A1 0000
Fabrice Helliker director 507-837 WEST HASTINGS STREET, VANCOUVER A1 V6C 3N6
Michael Patrick Johnson director 2120 CAREY AVE., REGISTERED AGENCY SERVICES, INC., CHEYENNE WY 82001
Shawn Norman Nichols director 326 BROOKE AVENUE, TORONTO A6 M5M2L3
Rowland Perkins director, officer: Chief Executive Officer (CEO) 751 WOODPARK ROAD SW, CALGARY A0 T2W 2S3
Tomislav Perovic director 6260 MULBERRY CRESCENT, MISSISSAUGA A6 L5V 1B7
Ronald K Wages director 1508 SIR GALLAHAN COURT, WAXHAW NC 28173
Usa Video Interactive Corp director, officer: President 837 WEST HASTINGS STREET, SUITE 507, VANCOUVER A1 V6C 3N6
Edwin Molina director, officer: President 8 WEST MAIN STREET, NIANTIC CT 06352
Smith Robert D Jr other: Resigned Director/Officer 90 VALLEY DRIVE, SALEM CT 06420
Maurice Loverso director 8378 MAURICE DEPLESISS, MONTREAL A8 HIE 3A3

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