PUDO (XCNQ:PDO) Retained Earnings : C$-10.00 Mil (As of Aug. 2023)

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What is PUDO Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PUDO's retained earnings for the quarter that ended in Aug. 2023 was C$-10.00 Mil.

PUDO's quarterly retained earnings declined from Feb. 2023 (C$-9.67 Mil) to May. 2023 (C$-9.88 Mil) and declined from May. 2023 (C$-9.88 Mil) to Aug. 2023 (C$-10.00 Mil).

PUDO's annual retained earnings declined from Feb. 2021 (C$-10.35 Mil) to Feb. 2022 (C$-11.21 Mil) but then increased from Feb. 2022 (C$-11.21 Mil) to Feb. 2023 (C$-9.67 Mil).

PUDO Retained Earnings Historical Data

The historical data trend for PUDO'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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PUDO Retained Earnings Chart

PUDO Annual Data

Trend

May14

May15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Retained Earnings

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-9.25

-10.16

-10.35

-11.21

-9.67

PUDO Quarterly Data
	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23
Retained Earnings	Get a 7-Day Free Trial															-11.40	-9.56	-9.67	-9.88	-10.00

PUDO 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.

PUDO (XCNQ:PDO) 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.

PUDO (XCNQ:PDO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » PUDO Inc (XCNQ:PDO) » Definitions » Retained Earnings

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PDPTF:USA

Address

6600 Goreway Drive, Unit D, Mississauga, ON, CAN, L4V 1S6

Website

https://www.pudopoint.com

PUDO Inc is engaged in the business of parcel pick-up and drop-off services. Its principal activity is providing E-commerce shipment services through collaboration with specific online retailers for delivery of their products and working with national and international courier companies to provide alternate drop-off and pickup options for packages. Geographically, it generates revenue in Canada and the USA.

PUDO (XCNQ:PDO) Headlines

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