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GMTH (GMTech) Retained Earnings : $-0.37 Mil (As of Jan. 2025)


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What is GMTech Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GMTech's retained earnings for the quarter that ended in Jan. 2025 was $-0.37 Mil.

GMTech's quarterly retained earnings declined from Jul. 2024 ($-0.03 Mil) to Oct. 2024 ($-0.03 Mil) and declined from Oct. 2024 ($-0.03 Mil) to Jan. 2025 ($-0.37 Mil).

GMTech's annual retained earnings increased from . 20 ($0.00 Mil) to Oct. 2023 ($0.00 Mil) but then declined from Oct. 2023 ($0.00 Mil) to Oct. 2024 ($-0.03 Mil).

GMTech Retained Earnings Historical Data

The historical data trend for GMTech'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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GMTech Retained Earnings Chart

GMTech Annual Data
Trend Oct23 Oct24
Retained Earnings
- -0.03

GMTech Quarterly Data
Jan23 Jul23 Oct23 Jan24 Jul24 Oct24 Jan25
Retained Earnings Get a 7-Day Free Trial - - -0.03 -0.03 -0.37

GMTech 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.

GMTech  (OTCPK:GMTH) 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.

GMTech Business Description

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Traded in Other Exchanges
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Address
45 Rockefeller Plaza, 21st Floor, New York, NY, USA, 10111
Website
https://www.gmtech.fr
GMTech Inc is a holding company. Through its subsidiary, the company offers IT consulting services and development solutions for CRM systems, corporate websites, and mobile phone Apps. In addition to the IT consulting services, It is also planning to develop an automated and AI-powered development tool (AI-Development Tool) that can be used by small and medium businesses to design, develop, and maintain their CRM system, websites, and Apps more efficiently and automatically with fewer needs of external engineers and consultants.