Expro Group Holdings NV (Expro Group Holdings NV) Retained Earnings : $-582 Mil (As of Mar. 2024)

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What is Expro Group Holdings NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Expro Group Holdings NV's retained earnings for the quarter that ended in Mar. 2024 was $-582 Mil.

Expro Group Holdings NV's quarterly retained earnings declined from Sep. 2023 ($-567 Mil) to Dec. 2023 ($-579 Mil) and declined from Dec. 2023 ($-579 Mil) to Mar. 2024 ($-582 Mil).

Expro Group Holdings NV's annual retained earnings declined from Dec. 2021 ($-536 Mil) to Dec. 2022 ($-556 Mil) and declined from Dec. 2022 ($-556 Mil) to Dec. 2023 ($-579 Mil).

Expro Group Holdings NV Retained Earnings Historical Data

The historical data trend for Expro Group Holdings NV'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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Expro Group Holdings NV Retained Earnings Chart

Expro Group Holdings NV Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-403.74

-535.63

-555.77

-579.13

Expro Group Holdings NV Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial										-562.12	-552.83	-566.72	-579.13	-581.81

Expro Group Holdings NV 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.

Expro Group Holdings NV (NYSE:XPRO) 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.

Expro Group Holdings NV (Expro Group Holdings NV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Expro Group Holdings NV (NYSE:XPRO) » Definitions » Retained Earnings

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Traded in Other Exchanges

FK2:Germany

Address

1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084

Website

https://www.expro.com

Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

Executives

Michael C Kearney	director	3300 NORTH SAM HOUSTON PKWY EAST, HOUSTON TX 77032-3411
Drummond Robert Wayne Jr	director	1301 MCKINNEY ST, STE 1800, HOUSTON TX 77010
Oak Hill Advisors Lp	10 percent owner	1 VANDERBILT AVE, 16TH FLOOR, NEW YORK NY 10017
Frances M Vallejo	director	1700 LINCOLN STREET, SUITE 3700, DENVER CO 80203
Brian D. Truelove	director	HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Eileen Goss Whelley	director	ONE HARTFORD PLAZA, HARTFORD CT 06155
Lisa L Troe	director	12181 BLUFF CREEK DRIVE, 4TH FLOOR, LOS ANGELES CA 90094
D. Keith Mosing	director, 10 percent owner, officer: See Remarks	10260 WESTHEIMER ROAD, HOUSTON TX 77042
Oak Hill Advisors Genpar, L.p.	10 percent owner	1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036
John Lewis Mcalister	officer: General Counsel & Secretary	DAVIDSON HOUSE, 2ND FLOOR, READING BERKSHIRE X0 RG1 3EU
Michael Bentham	officer: Principal Accounting Officer	1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Michael Jardon	director, officer: President & CEO	1311 BROADFIELD BLVD, SUITE 400, HOUSTON TX 77084
Alistair Geddes	officer: Chief Operating Officer	LION HOUSE, DYCE AVENUE, DYCE, ABERDEEN X0 AB21 0LQ
Quinn P Fanning	officer: Chief Financial Officer	C/O TIDEWATER INC, 601 POYDRAS ST, STE 1900, NEW ORLEANS LA 70130
Glenn R August	10 percent owner	C/O OHA - 1114 AVENUE OF THE AMERICAS, 27TH FLOOR, NEW YORK NY 10036