Clear Secure (Clear Secure) Retained Earnings : $-54.9 Mil (As of Mar. 2024)

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What is Clear Secure Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clear Secure's retained earnings for the quarter that ended in Mar. 2024 was $-54.9 Mil.

Clear Secure's quarterly retained earnings increased from Sep. 2023 ($-87.7 Mil) to Dec. 2023 ($-73.7 Mil) and increased from Dec. 2023 ($-73.7 Mil) to Mar. 2024 ($-54.9 Mil).

Clear Secure's annual retained earnings declined from Dec. 2021 ($-36.1 Mil) to Dec. 2022 ($-101.8 Mil) but then increased from Dec. 2022 ($-101.8 Mil) to Dec. 2023 ($-73.7 Mil).

Clear Secure Retained Earnings Historical Data

The historical data trend for Clear Secure'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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Clear Secure Retained Earnings Chart

Clear Secure Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-291.35

-494.77

-36.13

-101.80

-73.71

Clear Secure Quarterly Data
	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													-107.02	-103.04	-87.69	-73.71	-54.91

Clear Secure 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.

Clear Secure (NYSE:YOU) 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.

Clear Secure (Clear Secure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Clear Secure Inc (NYSE:YOU) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

85 10th Avenue, 9th Floor, New York, NY, USA, 10011

Website

https://www.clearme.com

Clear Secure Inc is involved in the creation of a frictionless travel experience while enhancing security. Its secure identity platform uses biometrics to automate the identity verification process through lanes in airports which helps to make the travel experience safe and easy.

Executives

Durable Capital Partners Lp	10 percent owner	4747 BETHESDA AVENUE, SUITE #1002, BETHESDA MD 20814
Shawn Henry	director	CROWDSTRIKE HOLDINGS, INC., 150 MATHILDA PLACE, SUITE 300, SUNNYVALE CA 94086
Jonathan J. Feldman	officer: EVP, Powered by CLEAR	85 10TH AVE., 9TH FLOOR, NEW YORK NY 10011
Kasra Moshkani	officer: EVP, Operations	85 10TH AVE., 9TH FLOOR, NEW YORK NY 10022
Patterson Richard N. Jr.	officer: Chief Info Sec. Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Jeffery H Boyd	director	C/O ASPEN GROVE CAPITAL, LLC, PO BOX 9389, AVON CO 81620
General Atlantic Partners Aiv (ac), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
General Atlantic, L.p.	10 percent owner	55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Gapco Aiv Interholdco (ac), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055
Matthew Levine	officer: GC & Chief Privacy Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Kenneth L. Cornick	director, 10 percent owner, officer: President & CFO	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments Ii, Llc	director, 10 percent owner, other: See Remarks	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Alclear Investments, Llc	director, 10 percent owner, other: See Remarks	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
Dennis W. Liu	officer: Chief Accounting Officer	65 EAST 55TH STREET, 17TH FLOOR, NEW YORK NY 10022
General Atlantic (alc), L.p.	10 percent owner	C/O GENERAL ATLANTIC SERVICE CO., L.P., 55 EAST 52ND STREET, 33RD FLOOR, NEW YORK NY 10055