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PLBY Group (PLBY Group) Retained Earnings : $-630.3 Mil (As of Mar. 2024)


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What is PLBY Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PLBY Group's retained earnings for the quarter that ended in Mar. 2024 was $-630.3 Mil.

PLBY Group's quarterly retained earnings increased from Sep. 2023 ($-620.0 Mil) to Dec. 2023 ($-613.8 Mil) but then declined from Dec. 2023 ($-613.8 Mil) to Mar. 2024 ($-630.3 Mil).

PLBY Group's annual retained earnings declined from Dec. 2021 ($-155.7 Mil) to Dec. 2022 ($-433.4 Mil) and declined from Dec. 2022 ($-433.4 Mil) to Dec. 2023 ($-613.8 Mil).


PLBY Group Retained Earnings Historical Data

The historical data trend for PLBY Group'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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PLBY Group Retained Earnings Chart

PLBY Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-78.02 -155.69 -433.40 -613.81

PLBY Group Quarterly Data
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 -471.08 -604.96 -620.03 -613.81 -630.26

PLBY Group 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.


PLBY Group  (NAS:PLBY) 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.


PLBY Group (PLBY Group) Business Description

Traded in Other Exchanges
N/A
Address
10960 Wilshire Boulevard, Suite 2200, Los Angeles, CA, USA, 90024
PLBY Group, Inc. ("PLBY Group") connects consumers around the world with products, services, and experiences to help them look good, feel good, and have fun. PLBY Group serves consumers in four major categories: Sexual Wellness, Style & Apparel, Gaming & Lifestyle, and Beauty & Grooming PLBY Group's flagship consumer brand, Playboy, is one of the most recognizable, iconic brands in the world, driving more than $3 billion in global consumer spend annually across 180 countries.
Executives
Kohn Bernhard L Iii director, officer: CEO and President C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Florus Beuting officer: Chief Accounting Officer C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Christopher Riley officer: General Counsel & Secretary 8800 WEST SUNSET BOULEVARD, WEST HOLLYWOOD CA 90069
Lance Barton officer: Chief Financial Officer 10960 WILSHIRE BLVD., SUITE 2200, LOS ANGELES CA 90024
Marc Crossman officer: CFO & COO 162 RIDGEWOOD AVENUE, GLEN RIDGE NJ 07028
Suhail Rizvi director, 10 percent owner 575 MADISON AVE, 7TH FLOOR, NEW YORK NY 10022
John Giampetroni 10 percent owner 260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Juliana F Hill director
Tracey E Edmonds director C/O PLBY GROUP, INC., 10960 WILSHIRE BLVD, SUITE 2200, LOS ANGELES CA 90024
Rizvi Opportunistic Equity Fund Ii, L.p. 10 percent owner 260 EAST BROWN STREET, SUITE 380, BIRMINGHAM MI 48009
Rizvi Traverse Gp Ii, Llc 10 percent owner 801 NORTHPOINT PARKWAY, SUITE 129, WEST PALM BEACH FL 33407
Drawbridge Special Opportunities Fund Lp 10 percent owner C/O FORTRESS INVESTMENT GROUP LLC, 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fortress Investment Group Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Fig Llc 10 percent owner 1345 AVENUE OF THE AMERICAS, 46 FLOOR, NEW YORK NY 10105
Fortress Operating Entity I Lp 10 percent owner 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105

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