IONI (I-ON Digital) Retained Earnings : $-4.71 Mil (As of Sep. 2024)

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What is I-ON Digital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. I-ON Digital's retained earnings for the quarter that ended in Sep. 2024 was $-4.71 Mil.

I-ON Digital's quarterly retained earnings declined from Mar. 2024 ($-3.79 Mil) to Jun. 2024 ($-4.23 Mil) and declined from Jun. 2024 ($-4.23 Mil) to Sep. 2024 ($-4.71 Mil).

I-ON Digital's annual retained earnings declined from Dec. 2021 ($7.68 Mil) to Dec. 2022 ($-2.69 Mil) and declined from Dec. 2022 ($-2.69 Mil) to Dec. 2023 ($-3.50 Mil).

I-ON Digital Retained Earnings Historical Data

The historical data trend for I-ON Digital'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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I-ON Digital Retained Earnings Chart

I-ON Digital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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3.90

5.52

7.68

-2.69

-3.50

I-ON Digital Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-3.13	-3.50	-3.79	-4.23	-4.71

I-ON Digital 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.

I-ON Digital (OTCPK:IONI) 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.

I-ON Digital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » I-ON Digital Corp (OTCPK:IONI) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

1244 North Stone Street, Unit 3, Chicago, IL, USA, 60610

Website

https://www.i-on.net

I-ON Digital Corp is a software developer and provider of enterprise-class unstructured data management and digital marketing software and solutions. It offers web content management (CMS), web experience and service delivery software, digital marketing, smart mobility, and analytics tools, and, more recently, energy management solutions. It serves products and services directly to clients in South Korea and Japan, Singapore, Malaysia, Indonesia, Thailand, Vietnam, and the United States.

Executives

Oh Jae Cheol James	director, 10 percent owner, officer: CEO/CFO	15, TEHRAN-RO 10-GIL, GANGAM-GU, SEOUL M5 06194
Mark Lamb	director	3548 SEAGATE WAY #110, OCEANSIDE CA 92056
Roy Layne Roberson	director	9241 IRVINE BOULEVARD SUITE 100, IRVINE CA 92618
Joseph Alvin Ryan	director	351 TRAILBLAZER, MISSION VIEJO CA 92692
Richard Chiang	other: Previous Officer and Director	460 BRANNAN STREET SUITE 78064, SAN FRANCISCO CA 94107
Michael J. Rapport Trust	10 percent owner	2480 RAILROAD STREET, CORONA CA 92880
Michael Rapport	director, 10 percent owner, officer: Pres, CEO, CFO & Chairman	2000 MAIN STREET, IRVINE CA 92614
Evan Rapport	director, officer: Vice President	2000 MAIN STREET, IRVINE CA 92614