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Digerati Technologies (Digerati Technologies) Retained Earnings : $-129.33 Mil (As of Jan. 2024)


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What is Digerati Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Digerati Technologies's retained earnings for the quarter that ended in Jan. 2024 was $-129.33 Mil.

Digerati Technologies's quarterly retained earnings declined from Jul. 2023 ($-121.68 Mil) to Oct. 2023 ($-125.77 Mil) and declined from Oct. 2023 ($-125.77 Mil) to Jan. 2024 ($-129.33 Mil).

Digerati Technologies's annual retained earnings declined from Jul. 2021 ($-105.38 Mil) to Jul. 2022 ($-113.39 Mil) and declined from Jul. 2022 ($-113.39 Mil) to Jul. 2023 ($-121.68 Mil).


Digerati Technologies Retained Earnings Historical Data

The historical data trend for Digerati Technologies'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.

Digerati Technologies Retained Earnings Chart

Digerati Technologies Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -85.32 -88.70 -105.38 -113.39 -121.68

Digerati Technologies Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -118.15 -120.40 -121.68 -125.77 -129.33

Digerati Technologies 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.


Digerati Technologies  (OTCPK:DTGI) 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.


Digerati Technologies (Digerati Technologies) Business Description

Traded in Other Exchanges
N/A
Address
8023 Vantage Drive, Suite 660, San Antonio, TX, USA, 78230
Digerati Technologies Inc is a provider of cloud services specializing in Unified Communications as a Service (UCaaS) solutions. The company's product portfolio includes Internet-based telephony products and services delivered through its cloud application platform and session-based communication network and network services including internet broadband, fiber, mobile broadband and cloud WAN solutions (SD WAN). Its services provide enterprise-class, carrier-grade services to the small-to-medium-sized business at cost-effective monthly rates. Its UCaaS or cloud communication services include fully hosted IP/PBX, mobile applications, Voice over Internet Protocol transport, SIP trunking, and customized VoIP services all delivered Only in the Cloud.
Executives
Post Road Special Opportunity Fund Ii Offshore Lp 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Kevin C. Davis 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Sof Gp Ii Llc 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Group Lp 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Michael Bogdan 10 percent owner C/O POST ROAD GROUP LP, 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Post Road Special Opportunity Fund Ii Lp 10 percent owner 2 LANDMARK SQUARE, SUITE 207, STAMFORD CT 06901
Digerati Technologies, Inc. 10 percent owner 8023 VANTAGE DRIVE, SUITE 660, SAN ANTONIO TX 78230
Craig Kendall Clement director, 10 percent owner 626 JESSAMINE STREET, SAN ANTONIO TX 78209
Flagship Oil & Gas Corp. 10 percent owner 626 JESSAMINE STREET, SAN ANTONIO TX 78209
Max Polinsky director 10715 GULFDALE STE 200, SAN ANTONIO TX 78216
William E. Mcilwain other: Former Director 3111 ROSEMARY PARK LANE, HOUSTON TX 77082
Arthur L Smith officer: Chief Executive Officer 8600 WURZBACH, SUITE 700W, SAN ANTONIO TX 78240
James John Davis director 13626 WINTER CREEK COURT, HOUSTON TX 77077
Antonio Jr Estrada officer: Chief Financial Officer 1807 DEER RIDGE ST, SAN ANTONIO TX 78232
John Howell director 1950 CINNAMON TEAL DR., REDMOND OR 97756