GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » AlphaGen Intelligence Corp (XCNQ:AIC) » Definitions » Retained Earnings

AlphaGen Intelligence (XCNQ:AIC) Retained Earnings : C$-18.24 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is AlphaGen Intelligence Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AlphaGen Intelligence's retained earnings for the quarter that ended in Dec. 2023 was C$-18.24 Mil.

AlphaGen Intelligence's quarterly retained earnings declined from Jun. 2023 (C$-17.80 Mil) to Sep. 2023 (C$-17.89 Mil) and declined from Sep. 2023 (C$-17.89 Mil) to Dec. 2023 (C$-18.24 Mil).

AlphaGen Intelligence's annual retained earnings declined from Jun. 2021 (C$-7.92 Mil) to Jun. 2022 (C$-16.75 Mil) and declined from Jun. 2022 (C$-16.75 Mil) to Jun. 2023 (C$-17.80 Mil).


AlphaGen Intelligence Retained Earnings Historical Data

The historical data trend for AlphaGen Intelligence'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.

* Premium members only.

AlphaGen Intelligence Retained Earnings Chart

AlphaGen Intelligence Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Retained Earnings
-2.58 -7.92 -16.75 -17.80

AlphaGen Intelligence Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -17.47 -16.97 -17.80 -17.89 -18.24

AlphaGen Intelligence 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.


AlphaGen Intelligence  (XCNQ:AIC) 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.


AlphaGen Intelligence (XCNQ:AIC) Business Description

Traded in Other Exchanges
Address
1930 - 1177 West Hastings Street, Vancouver, BC, CAN, V6E 4T5
AlphaGen Intelligence Corp focuses on the development of AI for gaming and entertainment, and the metaverse.

AlphaGen Intelligence (XCNQ:AIC) Headlines

No Headlines