FRMB (Forum Mobile) Retained Earnings: $-30.74 Mil (As of Jun. 2006)


What is Forum Mobile Retained Earnings?

Forum Mobile FRMB -99.00% Retained Earnings is $-30.74 Mil as of Jun. 2006.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Forum Mobile's retained earnings for the quarter that ended in Jun. 2006 was $-30.74 Mil.

Forum Mobile's quarterly retained earnings declined from Dec. 2005 ($-19.38 Mil) to Mar. 2006 ($-20.08 Mil) and declined from Mar. 2006 ($-20.08 Mil) to Jun. 2006 ($-30.74 Mil).

Forum Mobile's annual retained earnings declined from Dec. 2003 ($-10.23 Mil) to Dec. 2004 ($-11.99 Mil) and declined from Dec. 2004 ($-11.99 Mil) to Dec. 2005 ($-19.38 Mil).


Forum Mobile  (OTCPK:FRMB) 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.


Forum Mobile Retained Earnings Historical Data

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The historical data trend for Forum Mobile'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.

Forum Mobile Retained Earnings Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Retained Earnings
Get a 7-Day Free Trial -6.42 -8.60 -10.23 -11.99 -19.38

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 -11.67 -12.49 -19.38 -20.08 -30.74

Forum Mobile 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 $-30.74 Mil mean?
Forum Mobile (FRMB) has a Retained Earnings of $-30.74 Mil as of Jun. 2006. Retained earnings is the amount of net income not issued to shareholders. View historical data on Forum Mobile and its competitors.
Is Forum Mobile's Retained Earnings too high?
Forum Mobile's current Retained Earnings is $-30.74 Mil.
How does Forum Mobile's Retained Earnings compare to DIRV and FULO?
Forum Mobile's Retained Earnings of $-30.74 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services 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 Forum Mobile and its competitors. Forum Mobile's current Retained Earnings is $-30.74 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Mobile stock overvalued right now?
Forum Mobile (FRMB) has a current Retained Earnings of $-30.74 Mil. The current Retained Earnings is $-30.74 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 Forum Mobile (FRMB), the current Retained Earnings is $-30.74 Mil as of Jun. 2006. 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.

Forum Mobile Business Description

Address 26 Broadway, 21st Floor, New York, NY, USA, 10004
Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complementary fields such as private banking, business development, and consulting, and provides hosting and trading platforms. Geographically the business activities are operated through the United States.