Urban-gro (Urban-gro) Retained Earnings : $-58.94 Mil (As of Mar. 2024)

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What is Urban-gro Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Urban-gro's retained earnings for the quarter that ended in Mar. 2024 was $-58.94 Mil.

Urban-gro's quarterly retained earnings declined from Sep. 2023 ($-52.07 Mil) to Dec. 2023 ($-56.80 Mil) and declined from Dec. 2023 ($-56.80 Mil) to Mar. 2024 ($-58.94 Mil).

Urban-gro's annual retained earnings declined from Dec. 2021 ($-22.84 Mil) to Dec. 2022 ($-38.12 Mil) and declined from Dec. 2022 ($-38.12 Mil) to Dec. 2023 ($-56.80 Mil).

Urban-gro Retained Earnings Historical Data

The historical data trend for Urban-gro'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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Urban-gro Retained Earnings Chart

Urban-gro Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-16.89

-21.96

-22.84

-38.12

-56.80

Urban-gro 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															-43.26	-48.71	-52.07	-56.80	-58.94

Urban-gro 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.

Urban-gro (NAS:UGRO) 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.

Urban-gro (Urban-gro) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Urban-gro Inc (NAS:UGRO) » Definitions » Retained Earnings

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Traded in Other Exchanges

8P6:Germany

Address

1751 Panorama Point, Unit G, Lafayette, CO, USA, 80026

Website

https://www.urban-gro.com

Urban-gro Inc is a integrated professional services and construction design-build firm . we offer fully integrated architectural, engineering and cultivation systems integration company for commercial cannabis and food-focused Controlled Environment Agriculture (CEA) facilities. With experience in hundreds of CEA facilities spanning millions of square feet across the globe, the firm engineer, design, and integrate complex environmental equipment systems into high-performance facilities. Once operational, urban-gro's gro-care Managed Services Platform leverages the company's expertise to reduce downtime, provide continuity, and drive facility optimization.

Executives

Lewis Wilks	director	555 SEVENTEENTH STREET, 7TH FLOOR, DENVER CO 80202
Bradley John Nattrass	director, officer: Chief Executive Officer	5115 FOXGLOVE TRAIL, BROOMFIELD CO 80023
Jason T Archer	officer: Chief Operating Officer	883 CARBONATE LANE, ERIE CO 80516
Jim Dennedy	director, officer: President and COO	5269 W. 62ND AVENUE, ARVADA CO 80003
Sonia Lo	director	1751 PANORAMA POINT, UNIT G, LAFAYETTE CO 80026
Anita D Britt	director	3000 NW 107TH AVENUE, MIAMI FL 33172
David Hsu	director	1751 PANORAMA POINT, SUITE G, LAFAYETTE CO 80026
James Robert Lowe	director	5132 QUITMAN STREET, DENVER CO 80212
Richard Alan Akright	officer: Interim CFO	6549 S. BLACKHAWK WAY, AURORA CO 80016
Lance Galey	director	3940 CHIPPEWA DR, BOULDER CO 80303
James H. Dennedy	director	61 ROYAL BIRKDALE, SPRINGBORO OH 45066
George R Pullar	director	1750 PANORAMA POINT, UNIT 6, LAYFETTE CO 80026
Gutierrez Arias De La Parra Octavio	director, officer: Secretary	2537 PROSPECT COURT, BROOMFIELD CO 80023