Fact (FCTI) Retained Earnings: $-3.60 Mil (As of Oct. 2021)

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What is Fact Retained Earnings?

Fact FCTI -99.50% Retained Earnings is $-3.60 Mil as of Oct. 2021.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fact's retained earnings for the quarter that ended in Oct. 2021 was $-3.60 Mil.

Fact's quarterly retained earnings declined from Apr. 2021 ($-1.85 Mil) to Jul. 2021 ($-2.78 Mil) and declined from Jul. 2021 ($-2.78 Mil) to Oct. 2021 ($-3.60 Mil).

Fact's annual retained earnings declined from Jan. 2019 ($-0.02 Mil) to Jan. 2020 ($-0.04 Mil) and declined from Jan. 2020 ($-0.04 Mil) to Jan. 2021 ($-1.30 Mil).

Fact  (OTCPK:FCTI) 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.

Fact Retained Earnings Historical Data

* Premium members only.

The historical data trend for Fact'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.

Fact Retained Earnings Chart

Fact Annual Data
Trend Jan18 Jan19 Jan20 Jan21
Retained Earnings
-0.00 -0.02 -0.04 -1.30

Fact Quarterly Data
Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21
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 -0.05 -1.30 -1.85 -2.78 -3.60

Fact 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-3.60 Mil mean?
Fact (FCTI) has a Retained Earnings of $-3.60 Mil as of Oct. 2021. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fact and its competitors.
Is Fact's Retained Earnings too high?
Fact's current Retained Earnings is $-3.60 Mil.
How does Fact's Retained Earnings compare to DIGAF and NDVN?
Fact's Retained Earnings of $-3.60 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 Fact and its competitors. Fact's current Retained Earnings is $-3.60 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fact stock overvalued right now?
Fact (FCTI) has a current Retained Earnings of $-3.60 Mil. The current Retained Earnings is $-3.60 Mil. 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 Fact (FCTI), the current Retained Earnings is $-3.60 Mil as of Oct. 2021. 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.

Fact Business Description

Address 2 Toronto street, Suite 231, Toronto, ON, CAN, M5C 2B5
Fact Inc is a forensic technology company. The company uses forensic technology to validate the authenticity of artworks and paintings. The technology helps to verify whether art is an original or a forgery.