Sonic Foundry (Sonic Foundry) Retained Earnings : $-232.87 Mil (As of Sep. 2023)

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What is Sonic Foundry Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sonic Foundry's retained earnings for the quarter that ended in Sep. 2023 was $-232.87 Mil.

Sonic Foundry's quarterly retained earnings declined from Mar. 2023 ($-221.29 Mil) to Jun. 2023 ($-229.16 Mil) and declined from Jun. 2023 ($-229.16 Mil) to Sep. 2023 ($-232.87 Mil).

Sonic Foundry's annual retained earnings declined from Sep. 2021 ($-206.44 Mil) to Sep. 2022 ($-213.53 Mil) and declined from Sep. 2022 ($-213.53 Mil) to Sep. 2023 ($-232.87 Mil).

Sonic Foundry Retained Earnings Historical Data

The historical data trend for Sonic Foundry'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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Sonic Foundry Retained Earnings Chart

Sonic Foundry Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-209.34

-209.52

-206.44

-213.53

-232.87

Sonic Foundry Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-213.53	-217.91	-221.29	-229.16	-232.87

Sonic Foundry 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.

Sonic Foundry (OTCPK:SOFO) 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.

Sonic Foundry (Sonic Foundry) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Sonic Foundry Inc (OTCPK:SOFO) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

222 W. Washington Avenue, Madison, WI, USA, 53703

Website

https://www.sonicfoundry.com

Sonic Foundry Inc is engaged in the business of providing video enterprise solutions and services for the digital-first, distance learning, and corporate communications market. It offers video capture, management, and streaming solutions as well as virtual and hybrid events in education, business, and government. Sonic Foundry's family of brands includes Mediasite, Video Solutions, Vidable and Global Learning Exchange. The company also offers video solutions, including Mediasite Video Platform, Mediasite Video Cloud, Mediasite Capture Solutions, Mediasite Events, Mediasite Services, and Mediasite Customer Care. The company has a geographical presence in the United States, Europe, and the Middle East, Asia, and other places.

Executives

Brian Wiegand	director	8215 GREENWAY BLVD, SUITE 340, MIDDLETON WI 53562
Ron W Busslinger	10 percent owner	27901 VIA DEL AGUA, LAGUNA NIGUEL CA 92677
Joe Jr Mozden	director	3423 WILD PRAIRIE LN, GENEVA IL 60134
Kenneth A Minor	officer: Chief Financial Officer
Nelson A Murphy	director	2300 W INNES ST, SALISBURY NC 28144
Taha Jangda	director	3827 LINKLEA DRIVE, HOUSTON TX 77025
Lawrence William St	director	23 ASHLAND STREET, NEWBURYPORT MA 01950-1905
Kelsy L Boyd	director	2839 PLEASANT VIEW HTS, COTTAGE GROVE WI 53527
Michael Norregaard	officer: Chief Operating Officer	4891 ENCHANTED VALLEY ROAD, MIDDLETON WI 53562
Andrew D. Burish	10 percent owner	8020 EXCELSIOR DRIVE, MADISON WI 53717
David Slayton	director	701 WASHINGTON AVE N. SUITE #400, MINNEAPOLIS WI 55401
Gary Weis	director, officer: Chief Executive Officer & CTO
Kopko Frederick H Jr	director	4901 S ELLIS AVE, CHICAGO IL 60615
Mark D Burish	director	HURLEY, BURISH, MILLIKEN S.C., 301 NORTH BROOM STREET, MADISON WI 53703
David Kleinman	director