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Quebec Innovative Materials (FRA:7FJ) Retained Earnings : €-4.74 Mil (As of Dec. 2024)


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What is Quebec Innovative Materials Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Quebec Innovative Materials's retained earnings for the quarter that ended in Dec. 2024 was €-4.74 Mil.

Quebec Innovative Materials's quarterly retained earnings declined from Mar. 2024 (€-3.07 Mil) to Sep. 2024 (€-4.35 Mil) and declined from Sep. 2024 (€-4.35 Mil) to Dec. 2024 (€-4.74 Mil).

Quebec Innovative Materials's annual retained earnings declined from Sep. 2022 (€-1.60 Mil) to Sep. 2023 (€-2.83 Mil) and declined from Sep. 2023 (€-2.83 Mil) to Sep. 2024 (€-4.35 Mil).


Quebec Innovative Materials Retained Earnings Historical Data

The historical data trend for Quebec Innovative Materials'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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Quebec Innovative Materials Retained Earnings Chart

Quebec Innovative Materials Annual Data
Trend Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
-0.13 -0.59 -1.60 -2.83 -4.35

Quebec Innovative Materials Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Sep24 Dec24
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 -2.83 -3.08 -3.07 -4.35 -4.74

Quebec Innovative Materials 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.


Quebec Innovative Materials  (FRA:7FJ) 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.


Quebec Innovative Materials Business Description

Traded in Other Exchanges
Address
1111 Melville Street, Suite 1100, Vancouver, BC, CAN, V6E 3V6
Quebec Innovative Materials Corp is engaged in the exploration of mineral resource properties with an emphasis on the Charlevoix Silica Property located in Clermont. the projects of the company involve Industrial Minerals, Pilot processing and Hydrogen Helium.

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