Frequency Exchange (TSXV:FREQ) Retained Earnings : C$-8.06 Mil (As of Sep. 2023)

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What is Frequency Exchange Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Frequency Exchange's retained earnings for the quarter that ended in Sep. 2023 was C$-8.06 Mil.

Frequency Exchange's quarterly retained earnings declined from Mar. 2023 (C$-7.38 Mil) to Jun. 2023 (C$-7.71 Mil) and declined from Jun. 2023 (C$-7.71 Mil) to Sep. 2023 (C$-8.06 Mil).

Frequency Exchange's annual retained earnings declined from Oct. 2020 (C$-0.12 Mil) to Oct. 2021 (C$-0.22 Mil) and declined from Oct. 2021 (C$-0.22 Mil) to Dec. 2022 (C$-6.98 Mil).

Frequency Exchange Retained Earnings Historical Data

The historical data trend for Frequency Exchange'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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Frequency Exchange Retained Earnings Chart

Frequency Exchange Annual Data

Trend

Oct20

Oct21

Dec22

Retained Earnings

-0.12

-0.22

-6.98

Frequency Exchange Quarterly Data
	Oct20	Jan21	Oct21	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial					-6.28	-6.98	-7.38	-7.71	-8.06

Frequency Exchange 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.

Frequency Exchange (TSXV:FREQ) 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.

Frequency Exchange (TSXV:FREQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Devices & Instruments » Frequency Exchange Corp (TSXV:FREQ) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

1055 West Georgia Street, Suite 2050, PO Box 11121, Vancouver, BC, CAN, V6E 3P3

Website

https://www.frequencyexchangecorp.com

Frequency Exchange Corp is focused on the development and global commercialization of a wearable Frequency Delivery System providing specialized programs designed for health and wellness as well as performance enhancement.

Executives

Stephen Davis

10% Security Holder, Director, Senior Officer