Tucows (Tucows) Retained Earnings : $-66.8 Mil (As of Mar. 2024)

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What is Tucows Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tucows's retained earnings for the quarter that ended in Mar. 2024 was $-66.8 Mil.

Tucows's quarterly retained earnings declined from Sep. 2023 ($-16.9 Mil) to Dec. 2023 ($-40.3 Mil) and declined from Dec. 2023 ($-40.3 Mil) to Mar. 2024 ($-66.8 Mil).

Tucows's annual retained earnings declined from Dec. 2021 ($83.5 Mil) to Dec. 2022 ($55.9 Mil) and declined from Dec. 2022 ($55.9 Mil) to Dec. 2023 ($-40.3 Mil).

Tucows Retained Earnings Historical Data

The historical data trend for Tucows'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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Tucows Retained Earnings Chart

Tucows Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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76.21

80.11

83.47

55.90

-40.30

Tucows Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															36.82	5.85	-16.92	-40.30	-66.78

Tucows 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.

Tucows (NAS:TCX) 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.

Tucows (Tucows) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Tucows Inc (NAS:TCX) » Definitions » Retained Earnings

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TUQ1:Germany TUQ1:Germany TC:Canada

Address

96 Mowat Avenue, Toronto, ON, CAN, M6K 3M1

Website

https://www.tucows.com

Tucows Inc provides us consumers and small businesses with mobile phone services nationally and high-speed fixed Internet access in selected towns. The Company offers Mobile Service Enabler (MSE) solutions, as well as professional services to other retail mobile providers. The Company is also a global distributor of Internet services, including domain name registration, digital certificates, and email. It provides these services primarily through a global Internet-based distribution network of Internet Service Providers, web hosting companies, and other providers of Internet services to end-users. It operates in three segments: Domain Services, Mobile Services, and Fiber Internet Services. It generates the majority of its revenue from Domain Services.

Executives

Elliot Noss	director, officer: Chief Executive Officer
Robin Chase	director	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Lee Matheson	director	96 MOWAT AVE, TORONTO A6 M6K 3M1
Gigi Sohn	director	96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Fund Management Ltd	10 percent owner	ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Michael Alan Koenig	officer: Chief Operating Officer	96 MOWAT AVE, TORONTO A6 M6K 3M1
Blacksheep Master Fund Ltd.	10 percent owner	C/O MOURANT GOVERNANCE SERVICES, PO BOX 1348, 94 SOLARIS AVE., GRAND CAYMAN E9 KY1-1108
Herdwick Capital Ltd	10 percent owner	C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
Alexis Fortune	10 percent owner	C/O BLACKSHEEP FUND MANAGEMENT LIMITED, ROCK HOUSE, MAIN STREET, BLACKROCK, CO. DUBLIN L2 A94 YY39
David John Woroch	officer: VP Sales & Customer Support	96 MOWAT AVENUE, TORONTO A6 M6K 3M1
Marlene Carl	director	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Bret Fausett	officer: Chief Legal Officer & VP	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jessica Sybil-lynne Johannson	officer: VP HR	612-11 BRONTE ROAD, OAKVILLE A6 L6L0E1
Justin Reilly	officer: CPO	96 MOWAT AVENUE, TORONTO A6 M6K3M1
Jill Szchumacher	officer: EVP Networks	96 MOWAT AVENUE, TORONTO A6 M6K3M1