Expion360 (Expion360) Retained Earnings : $-23.29 Mil (As of Mar. 2024)

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What is Expion360 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Expion360's retained earnings for the quarter that ended in Mar. 2024 was $-23.29 Mil.

Expion360's quarterly retained earnings declined from Sep. 2023 ($-18.91 Mil) to Dec. 2023 ($-21.10 Mil) and declined from Dec. 2023 ($-21.10 Mil) to Mar. 2024 ($-23.29 Mil).

Expion360's annual retained earnings declined from Dec. 2021 ($-6.10 Mil) to Dec. 2022 ($-13.64 Mil) and declined from Dec. 2022 ($-13.64 Mil) to Dec. 2023 ($-21.10 Mil).

Expion360 Retained Earnings Historical Data

The historical data trend for Expion360'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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Expion360 Retained Earnings Chart

Expion360 Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-1.38

-6.10

-13.64

-21.10

Expion360 Quarterly Data
	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial											-15.62	-17.10	-18.91	-21.10	-23.29

Expion360 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.

Expion360 (NAS:XPON) 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.

Expion360 (Expion360) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Expion360 Inc (NAS:XPON) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

2025 SW Deerhound Avenue, Redmond, OR, USA, 97756

Website

https://www.expion360.com

Expion360 Inc is focused on the design, assembly, manufacturing and sales of lithium iron phosphate (LiFePO4) batteries and supporting accessories for recreational vehicles ("RV's") and marine applications with plans to expand into home energy storage products and industrial applications. Its product offerings include some of the minimal-footprint batteries in the RV & Marine industry.

Executives

John Henry Yozamp	director, 10 percent owner, officer: Chief Executive Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Tien Quoc Nguyen	director	2025 SW DEERHOUND AVE., REDMOND OR 97756
Gregory Scott Aydelott	officer: Chief Accounting Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Paul Thomas Shoun	director, officer: Chief Operating Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
Brian Paul Schaffner	officer: Chief Financial Officer	2025 SW DEERHOUND AVE, REDMOND OR 97756
David Leigh Hendrickson	director	2025 SW DEERHOUND AVE, REDMOND OR 97756
Steve Shum	director	9025 SW HILLMAN COURT, SUITE 3126, WILSONVILLE OR 97070
George Lefevre	director	18101 VON KARMAN AVENUE, SUITE 330, IRVINE CA 96212