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Coveo Solutions (Coveo Solutions) Retained Earnings : $-651.5 Mil (As of Dec. 2023)


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What is Coveo Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Coveo Solutions's retained earnings for the quarter that ended in Dec. 2023 was $-651.5 Mil.

Coveo Solutions's quarterly retained earnings increased from Jun. 2023 ($-668.4 Mil) to Sep. 2023 ($-645.4 Mil) but then declined from Sep. 2023 ($-645.4 Mil) to Dec. 2023 ($-651.5 Mil).

Coveo Solutions's annual retained earnings increased from Mar. 2021 ($-995.8 Mil) to Mar. 2022 ($-592.3 Mil) but then declined from Mar. 2022 ($-592.3 Mil) to Mar. 2023 ($-632.0 Mil).


Coveo Solutions Retained Earnings Historical Data

The historical data trend for Coveo 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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Coveo Solutions Retained Earnings Chart

Coveo Solutions Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
- -395.75 -995.77 -592.26 -631.99

Coveo Solutions Quarterly Data
Mar19 Mar20 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 -624.76 -631.99 -668.38 -645.40 -651.55

Coveo 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.


Coveo Solutions  (OTCPK:CVOSF) 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.


Coveo Solutions (Coveo Solutions) Business Description

Traded in Other Exchanges
Address
3175 des Quatre-Bourgeois, Suite 200, Quebec, QC, CAN, G1W 2K7
Coveo Solutions Inc is an AI-powered platform. It provides applied AI solutions enabling enterprises to deliver relevant digital experiences at scale. The company's solutions provide value to its customers by helping drive revenue growth, reduce customer support costs, increase customer satisfaction and website engagement, and improve employee proficiency and satisfaction.