FDCT (FDCTech) Retained Earnings : $-2.64 Mil (As of Dec. 2023)

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What is FDCTech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FDCTech's retained earnings for the quarter that ended in Dec. 2023 was $-2.64 Mil.

FDCTech's quarterly retained earnings increased from Jun. 2023 ($-3.65 Mil) to Sep. 2023 ($-2.97 Mil) and increased from Sep. 2023 ($-2.97 Mil) to Dec. 2023 ($-2.64 Mil).

FDCTech's annual retained earnings declined from Dec. 2021 ($-3.23 Mil) to Dec. 2022 ($-4.22 Mil) but then increased from Dec. 2022 ($-4.22 Mil) to Dec. 2023 ($-2.64 Mil).

FDCTech Retained Earnings Historical Data

The historical data trend for FDCTech'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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FDCTech Retained Earnings Chart

FDCTech Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-1.04

-1.49

-3.23

-4.22

-2.64

FDCTech 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															-4.22	-4.57	-3.65	-2.97	-2.64

FDCTech 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.

FDCTech (OTCPK:FDCT) 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.

FDCTech Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » FDCTech Inc (OTCPK:FDCT) » Definitions » Retained Earnings

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Address

200 Spectrum Drive, Suite 300, Irvine, CA, USA, 92618

Website

https://www.fdctech.com

FDCTech Inc is an integrated forex and Cryptocurrency service provider. The company provides innovative and cost-efficient financial technology and business solutions to OTC Online Brokerages and cryptocurrency businesses. The company has three primary business segments namely, Wealth Management, Technology and Software Development, and Investment and Margin Brokerage Business.

Executives

Mitchell M. Eaglstein	director, 10 percent owner, officer: CEO	167 SEA HAMMOCK WAY, PONTE VEDRA BEACH FL 32082
Felix R. Hong	10 percent owner	B-3010, 681 AL BARSHA SOUTH FOURTH, PO 261197, DUBAI C0 00000
Imran Firoz	director, 10 percent owner, officer: CFO, Secretary	129 HEMISPHERE, IRVINE CA 92618
Jonathan Baumgart	director	349 ROSES MILL RD., MILFORD CT 06460