Adcore (TSX:ADCO) Retained Earnings : C$-2.10 Mil (As of Mar. 2024)

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What is Adcore Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Adcore's retained earnings for the quarter that ended in Mar. 2024 was C$-2.10 Mil.

Adcore's quarterly retained earnings increased from Sep. 2023 (C$-1.77 Mil) to Dec. 2023 (C$-1.69 Mil) but then declined from Dec. 2023 (C$-1.69 Mil) to Mar. 2024 (C$-2.10 Mil).

Adcore's annual retained earnings declined from Dec. 2021 (C$2.46 Mil) to Dec. 2022 (C$-0.43 Mil) and declined from Dec. 2022 (C$-0.43 Mil) to Dec. 2023 (C$-1.69 Mil).

Adcore Retained Earnings Historical Data

The historical data trend for Adcore'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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Adcore Retained Earnings Chart

Adcore Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2.04

2.81

2.46

-0.43

-1.69

Adcore 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															-1.05	-1.56	-1.77	-1.69	-2.10

Adcore 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.

Adcore (TSX:ADCO) 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.

Adcore (TSX:ADCO) Business Description

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GURUFOCUS.COM » STOCK LIST » Technology » Software » Adcore Inc (TSX:ADCO) » Definitions » Retained Earnings

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ADCOF:USA ADQ:Germany

Address

105 Allenby Street, Yafo, Tel Aviv, ISR, 6513444

Website

https://www.adcore.com

Adcore Inc is a provider of machine-learning powered advertising technologies used by digital advertisers to enhance and maximize their Search Engine Marketing (SEM). It offers various products and services such as SEMDoc, Feeditor, and ADCORE Views. The company serves retail; travel; financial; food; education and other industries. It provides a solution to small and large agencies and direct advertisers. The Company and its subsidiaries are engaged in the following segments: AdTech which is an e-commerce advertising management and automation platform. EdTech which is a marketplace for live classes, connecting and enriching humanity through knowledge.

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