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Omni AX's Software (BOM:532340) Retained Earnings : ₹0.00 Mil (As of Dec. 2023)


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What is Omni AX's Software Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Omni AX's Software's retained earnings for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Omni AX's Software's annual retained earnings declined from Mar. 2021 (₹-98.47 Mil) to Mar. 2022 (₹-100.16 Mil) and declined from Mar. 2022 (₹-100.16 Mil) to Mar. 2023 (₹-101.71 Mil).


Omni AX's Software Retained Earnings Historical Data

The historical data trend for Omni AX's Software'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.

Omni AX's Software Retained Earnings Chart

Omni AX's Software Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -95.15 -96.84 -98.47 -100.16 -101.71

Omni AX's Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - -101.71 - - -

Omni AX's Software 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.


Omni AX's Software  (BOM:532340) 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.


Omni AX's Software (BOM:532340) Business Description

Traded in Other Exchanges
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Address
Dr. Ranga Road, New No.32, Old No. 106, 1st Floor, Mylapore, Chennai, TN, IND, 600004
Omni AX's Software Ltd is an India based software service provider engaged in the development of computer software. The company provides services to large houses that offer technology and other research and development services globally. It also provides offshore outsourcing, software development outsourcing, custom application development, outsourced product development, e-commerce and wireless/mobile solutions to help businesses succeed.

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