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DGTL Holdings (TSXV:DGTL) Retained Earnings : C$-16.38 Mil (As of Feb. 2024)


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What is DGTL Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DGTL Holdings's retained earnings for the quarter that ended in Feb. 2024 was C$-16.38 Mil.

DGTL Holdings's quarterly retained earnings declined from Aug. 2023 (C$-15.59 Mil) to Nov. 2023 (C$-16.12 Mil) and declined from Nov. 2023 (C$-16.12 Mil) to Feb. 2024 (C$-16.38 Mil).

DGTL Holdings's annual retained earnings declined from May. 2021 (C$-8.01 Mil) to May. 2022 (C$-12.59 Mil) and declined from May. 2022 (C$-12.59 Mil) to May. 2023 (C$-15.19 Mil).


DGTL Holdings Retained Earnings Historical Data

The historical data trend for DGTL Holdings'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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DGTL Holdings Retained Earnings Chart

DGTL Holdings Annual Data
Trend May19 May20 May21 May22 May23
Retained Earnings
-0.05 -1.03 -8.01 -12.59 -15.19

DGTL Holdings Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.13 -15.19 -15.59 -16.12 -16.38

DGTL Holdings 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.


DGTL Holdings  (TSXV:DGTL) 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.


DGTL Holdings (TSXV:DGTL) Business Description

Traded in Other Exchanges
Address
1 Adelaide Street East, Suite 801, Toronto, ON, CAN, M5C 2V9
DGTL Holdings Inc is a disruptive digital media and advertising technology company, powered by artificial intelligence. The company engaged in accelerating fully commercialized enterprise-level software-as-a-service companies via a blend of unique capitalization structures, including investment, mergers, and acquisitions, earnouts, and licensing structures. The Company has one reportable operating segment Engagement Labs Inc., an enterprise-level social intelligence technology company located in Canada.
Executives
John David Alexander Belfontaine 10% Security Holder, Director, Senior Officer

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