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Image Protect (Image Protect) Retained Earnings : $-4.57 Mil (As of Sep. 2023)


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What is Image Protect Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Image Protect's retained earnings for the quarter that ended in Sep. 2023 was $-4.57 Mil.

Image Protect's quarterly retained earnings increased from Mar. 2017 ($-2.04 Mil) to Sep. 2022 ($0.00 Mil) but then declined from Sep. 2022 ($0.00 Mil) to Sep. 2023 ($-4.57 Mil).

Image Protect's annual retained earnings increased from Dec. 2008 ($-4.23 Mil) to Dec. 2015 ($-0.91 Mil) but then declined from Dec. 2015 ($-0.91 Mil) to Dec. 2016 ($-1.62 Mil).


Image Protect Retained Earnings Historical Data

The historical data trend for Image Protect'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.

* Premium members only.

Image Protect Retained Earnings Chart

Image Protect Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec15 Dec16
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -3.93 -4.20 -4.23 -0.91 -1.62

Image Protect Quarterly Data
Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Sep22 Sep23
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 -1.29 -1.62 -2.04 - -4.57

Image Protect 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.


Image Protect  (OTCPK:IMTL) 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.


Image Protect (Image Protect) Business Description

Traded in Other Exchanges
N/A
Address
30 Wall Street, 8 Floor, New York, NY, USA, 10005
Image Protect Inc is a media company focusing on microcap news, information and disclosure, crypto, blockchain, and streaming digital assets. Its digital asset library and proprietary technology via its subsidiary Fotofy. are conducive to the foundation of an impactful NFT marketplace.

Image Protect (Image Protect) Headlines

From GuruFocus

Image Protect Inc. (IMTL) Chairman's Letter

By ACCESSWIRE ACCESSWIRE 08-19-2021