Spod Lithium (XCNQ:SPOD) Retained Earnings : C$-1.61 Mil (As of Apr. 2025)

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What is Spod Lithium Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spod Lithium's retained earnings for the quarter that ended in Apr. 2025 was C$-1.61 Mil.

Spod Lithium's quarterly retained earnings increased from Oct. 2024 (C$-1.63 Mil) to Jan. 2025 (C$-1.43 Mil) but then declined from Jan. 2025 (C$-1.43 Mil) to Apr. 2025 (C$-1.61 Mil).

Spod Lithium's annual retained earnings declined from Jul. 2022 (C$-0.77 Mil) to Jul. 2023 (C$-1.25 Mil) and declined from Jul. 2023 (C$-1.25 Mil) to Jul. 2024 (C$-1.53 Mil).

Spod Lithium Retained Earnings Historical Data

The historical data trend for Spod Lithium'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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Spod Lithium Retained Earnings Chart

Spod Lithium Annual Data

Trend

Jul19

Jul20

Jul21

Jul22

Jul23

Jul24

Retained Earnings

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-0.19

-0.47

-0.77

-1.25

-1.53

Spod Lithium Quarterly Data
	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24	Apr24	Jul24	Oct24	Jan25	Apr25
Retained Earnings	Get a 7-Day Free Trial															-1.42	-1.53	-1.63	-1.43	-1.61

Spod Lithium 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.

Spod Lithium (XCNQ:SPOD) 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.

Spod Lithium Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Spod Lithium Corp (XCNQ:SPOD) » Definitions » Retained Earnings

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SPODF:USA

Address

1090 West Georgia Street, Suite 600, Vancouver, BC, CAN, V6E 3V7

Website

https://www.spodlithiumcorp.com

Spod Lithium Corp is a mineral exploration company focused on the acquisition and development of mineral properties containing batteries, bases, and precious metals. The Company's primary lithium properties are strategically located in Quebec and Ontario, Canada. The projects of the company include Golden Moon Property, Ferdinand Property, Byron Pegmatite, Lithium Grande 4, Megali Property, North Nipigon Property, and Barbara Property.

Executives

Richard Goldstein	Director
Mathieu Couillard	Director, Senior Officer
Christopher Cooper	Director, Senior Officer

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