DSG Global (DSG Global) Retained Earnings : $0.00 Mil (As of Jun. 2023)

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What is DSG Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DSG Global's retained earnings for the quarter that ended in Jun. 2023 was $0.00 Mil.

DSG Global's quarterly retained earnings increased from Dec. 2022 ($-65.24 Mil) to Mar. 2023 ($0.00 Mil) but then stayed the same from Mar. 2023 ($0.00 Mil) to Jun. 2023 ($0.00 Mil).

DSG Global's annual retained earnings declined from Dec. 2020 ($-51.31 Mil) to Dec. 2021 ($-57.70 Mil) and declined from Dec. 2021 ($-57.70 Mil) to Dec. 2022 ($-65.24 Mil).

DSG Global Retained Earnings Historical Data

The historical data trend for DSG Global'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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DSG Global Retained Earnings Chart

DSG Global Annual Data

Trend

Sep13

Sep14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-42.06

-45.13

-51.31

-57.70

-65.24

DSG Global Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Retained Earnings	Get a 7-Day Free Trial															-61.15	-63.52	-65.24	-	-

DSG Global 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.

DSG Global (OTCPK:DSGT) 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.

DSG Global (DSG Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » DSG Global Inc (OTCPK:DSGT) » Definitions » Retained Earnings

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Address

207 - 15272 Croydon Drive, Surrey, BC, CAN, V3Z 0Z5

Website

https://www.dsgtglobal.com

DSG Global Inc is a technology company that provides designing, manufacturing, and marketing of fleet management solutions for the golf industry, commercial, government, and military applications. The principal activities are the sale and rental of GPS tracking devices and interfaces for golf vehicles and support activities. Its products developed by the company can be sold and installed in golf facilities and also for commercial applications. The products include TAG Golf which can be used to monitor the pace of play, security, geo-fencing, TAG Turf which is used for fleet management and security capabilities. Other products include DSG TAG, ECO TAG, TAG Text, TAG Touch, TAG commercial, and TAG military.

Executives

Stephanie Deann Ragan	10 percent owner	1437 EAST 33RD AVE,, HOBART IN 46342
Keith Earl Simmons	other: Individual Investor	2855 PANHANDLE DRIVE, GRAPEVINE TX 76051
Kenneth Ingram Marsh	director	C/O DSG GLOBAL INC., SUITE 214-5455 152 STREET, SURREY A1 V3S 5A5
Jason Sugarman	director	C/O THE TOPAZ GROUP INC, 126/1 KRUNGTHONBURL ROAD, BANGKOK THAILAND W1 00000
James B Singerling	director	214-5455 152ND STREET, SURREY A1 V3S 5A5
Rupert Wainwright	director	214-5455 152ND STREET, SURREY A1 V3S 5A5
Keith Bryan Westergaard	director, 10 percent owner	214-5455 152ND STREET, SURREY A1 V3S 5A5
Stephen Allen Johnston	director	214-5455 152ND STREET, SURREY A1 V3S 5A5
Westergaard Holdings Ltd	10 percent owner	214-5455 152ND STREET, SURREY A1 V3S 5A5
Silzer Robert C Sr	director, 10 percent owner, officer: Chief Executive Officer	C/O DSG GLOBAL INC, 214-5455 152ND STREET, SURREY A1 V3S 5A5