Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Direct Communication Solutions's retained earnings for the quarter that ended in Dec. 2025 was $-18.63 Mil.
Direct Communication Solutions's quarterly retained earnings
declined
from Dec. 2022 ($-9.87 Mil) to Dec. 2024 ($-16.72 Mil) and
declined
from Dec. 2024 ($-16.72 Mil) to Dec. 2025 ($-18.63 Mil).
Direct Communication Solutions's annual retained earnings
declined
from Dec. 2022 ($-9.87 Mil) to Dec. 2024 ($-16.72 Mil) and
declined
from Dec. 2024 ($-16.72 Mil) to Dec. 2025 ($-18.63 Mil).
Direct Communication Solutions (OTCPK:DCSX) 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.
Direct Communication Solutions Retained Earnings Historical Data
* 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.
Direct Communication Solutions Retained Earnings Chart
Direct Communication 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.
What does a Retained Earnings of $-18.63 Mil mean?
Direct Communication Solutions (DCSX) has a Retained Earnings of $-18.63 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on Direct Communication Solutions and its competitors.
Is Direct Communication Solutions' Retained Earnings too high?
Direct Communication Solutions' current Retained Earnings is $-18.63 Mil. Overall, Direct Communication Solutions has a GF Score™ of 42/100, reflecting its overall financial health beyond just this single metric.
How does Direct Communication Solutions' Retained Earnings compare to IBM and ACN?
Direct Communication Solutions' Retained Earnings of $-18.63 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Software company?
A good Retained Earnings depends on the Software industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Direct Communication Solutions and its competitors. Direct Communication Solutions's current Retained Earnings is $-18.63 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Direct Communication Solutions stock overvalued right now?
Direct Communication Solutions (DCSX) has a current Retained Earnings of $-18.63 Mil. The stock's GF Value™ is $1.30, compared to a current price of $1.05 — trading 19.2% below its estimated fair value. The current Retained Earnings is $-18.63 Mil. Direct Communication Solutions' overall GF Score™ is 42/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Direct Communication Solutions (DCSX), the current Retained Earnings is $-18.63 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Direct Communication Solutions (DCSX) Overvalued in 2026?
Based on GuruFocus' analysis, Direct Communication Solutions stock appears to be undervalued.
The current stock price of $1.05 is trading 19.2% below its estimated GF Value™ of $1.30.
Key valuation signals for DCSX:
Retained Earnings: $-18.63 Mil
GF Value™: $1.30 vs. price of $1.05 (19.2% below fair value)
No single metric tells the full story. See the DCSX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Direct Communication Solutions Inc is a provider of solutions for the Internet of Things (IoT), including monitoring-as-a-service (MaaS) solutions for the telematics market. The company's product portfolio includes GPS devices, modems, embedded modules, routers, and mobile tracking machine-to-machine (M2M) devices. Additionally, it provides communications and applications software and cloud services. The company's portfolio of SaaS solutions mainly includes MiFleet, which provides fleet and vehicle SaaS telematics; MiSensors, which provides easy M2M device management and service enablement for wireless sensors; and MiFailover, which provides high-speed wireless internet failover. Geographically, the company generates maximum revenue from the USA, and the rest from Canada and other regions.
42GF Score
Get the complete analysis for DCSX
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
DCSX has been successfully added to your 
