Generative AI Solutions (Generative AI Solutions) Retained Earnings : $-12.38 Mil (As of Jan. 2024)

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What is Generative AI Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Generative AI Solutions's retained earnings for the quarter that ended in Jan. 2024 was $-12.38 Mil.

Generative AI Solutions's quarterly retained earnings declined from Jul. 2023 ($-1.27 Mil) to Oct. 2023 ($-1.73 Mil) and declined from Oct. 2023 ($-1.73 Mil) to Jan. 2024 ($-12.38 Mil).

Generative AI Solutions's annual retained earnings increased from Feb. 2022 ($-12.85 Mil) to Jan. 2023 ($0.01 Mil) but then declined from Jan. 2023 ($0.01 Mil) to Jan. 2024 ($-12.38 Mil).

Generative AI Solutions Retained Earnings Historical Data

The historical data trend for Generative AI Solutions'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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Generative AI Solutions Retained Earnings Chart

Generative AI Solutions Annual Data

Trend

Feb22

Jan23

Jan24

Retained Earnings

-12.85

0.01

-12.38

Generative AI Solutions Quarterly Data
	May20	Aug20	Nov20	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial									-3.25	-3.33	-1.27	-1.73	-12.38

Generative AI Solutions 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.

Generative AI Solutions (OTCPK:AICOF) 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.

Generative AI Solutions (Generative AI Solutions) Business Description

Industry

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Traded in Other Exchanges

N8T:Germany AICO:Canada

Address

550 Burrard Street, Suite 2300, Bentall 5, Vancouver, BC, CAN, V6C 2B5

Website

https://www.genai-solutions.com

Generative AI Solutions Corp is an artificial intelligence company, focused on developing transformative AI-powered tools for businesses and consumers across multiple industries. The group develops state-of-the-art AI-based solutions that have broad applicability and can be seamlessly integrated into diverse workflows. The company leverages its expertise in machine learning, natural language processing, and data analytics, GenAI seeks to build versatile, high-performance tools that redefine efficiency, productivity, and user experience.