AMNNF (ADSL Holdings) Retained Earnings : $-1.85 Mil (As of Sep. 2024)

View and export this data going back to 2022. Start your Free Trial

What is ADSL Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ADSL Holdings's retained earnings for the quarter that ended in Sep. 2024 was $-1.85 Mil.

ADSL Holdings's quarterly retained earnings declined from Mar. 2024 ($5.02 Mil) to Jun. 2024 ($0.13 Mil) and declined from Jun. 2024 ($0.13 Mil) to Sep. 2024 ($-1.85 Mil).

ADSL Holdings's annual retained earnings declined from Sep. 2021 ($5.76 Mil) to Dec. 2022 ($5.58 Mil) and declined from Dec. 2022 ($5.58 Mil) to Dec. 2023 ($1.93 Mil).

ADSL Holdings Retained Earnings Historical Data

The historical data trend for ADSL Holdings'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.

* Premium members only.

ADSL Holdings Retained Earnings Chart

ADSL Holdings Annual Data

Trend

Sep21

Dec22

Dec23

Retained Earnings

5.76

5.58

1.93

ADSL Holdings Quarterly Data
	Sep20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial									7.60	1.93	5.02	0.13	-1.85

ADSL Holdings 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.

ADSL Holdings (OTCPK:AMNNF) 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.

ADSL Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » ADSL Holdings Inc (OTCPK:AMNNF) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

25Y:Germany

Address

1800-510 West Georgia Street, Vancouver, BC, CAN, V6B 0M3

Website

https://www.amcomrient.com

ADSL Holdings Inc formerly, Amcomri Entertainment Inc is a film and television media production company. It has five operating segments which include Film Distribution, Film Production, Television, Intellectual Property, and Administration. The majority of its revenue derives from the Film Distribution segment followed by Intellectual Property. The Company's Film Production, Film Distribution, and Television segments generate revenue principally from the licensing of content in theatrical exhibitions, home entertainment (e.g., digital media and packaged media), television, and international marketplaces. Geographically it has a presence in North America, and Europe where Europe generates key revenue.