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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ITEX's retained earnings for the quarter that ended in Jul. 2025 was $-14.67 Mil.
ITEX's quarterly retained earnings
increased
from Jan. 2025 ($-14.25 Mil) to Apr. 2025 ($-14.10 Mil) but then
declined
from Apr. 2025 ($-14.10 Mil) to Jul. 2025 ($-14.67 Mil).
ITEX's annual retained earnings
declined
from Jul. 2023 ($-12.54 Mil) to Jul. 2024 ($-13.61 Mil) and
declined
from Jul. 2024 ($-13.61 Mil) to Jul. 2025 ($-14.67 Mil).
ITEX (OTCPK:ITEX) 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.
ITEX Retained Earnings Historical Data
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The historical data trend for ITEX'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.
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.
What does a Retained Earnings of $-14.67 Mil mean?
ITEX (ITEX) has a Retained Earnings of $-14.67 Mil as of Jul. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on ITEX and its competitors.
Is ITEX's Retained Earnings too high?
ITEX's current Retained Earnings is $-14.67 Mil. Overall, ITEX has a GF Score™ of 68/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does ITEX's Retained Earnings compare to WAI and NCPL?
ITEX's Retained Earnings of $-14.67 Mil can be compared against companies in the Capital Markets 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 Capital Markets company?
A good Retained Earnings depends on the Capital Markets 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 ITEX and its competitors. ITEX's current Retained Earnings is $-14.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITEX stock overvalued right now?
Based on GuruFocus' analysis, ITEX (ITEX) is currently considered Modestly Undervalued. The stock's GF Value™ is $3.77, compared to a current price of $3.04 — trading 19.3% below its estimated fair value. The current Retained Earnings is $-14.67 Mil. ITEX's overall GF Score™ is 68/100 with 4 warning signs to review. 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 ITEX (ITEX), the current Retained Earnings is $-14.67 Mil as of Jul. 2025. 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.
Is ITEX (ITEX) Overvalued in 2026?
Based on GuruFocus' analysis, ITEX stock appears to be undervalued.
The current stock price of $3.04 is trading 19.3% below its estimated GF Value™ of $3.77.
GuruFocus considers ITEX to be Modestly Undervalued.
Key valuation signals for ITEX:
Retained Earnings: $-14.67 Mil
GF Value™: $3.77 vs. price of $3.04 (19.3% below fair value)
No single metric tells the full story. See the ITEX stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITEX Corp operates a marketplace in which products and services are exchanged by marketplace members utilizing virtual currency. Its Marketplace provides a forum for members to purchase from and sell their products and services to other members using ITEX dollars instead of the United States dollars and Canadian dollars (USD or cash). It administers the marketplace and provides record-keeping and payment transaction processing services for its members. It generates revenue by charging members percentage-based transaction fees, association fees, and other fees assessed in United States dollars and Canadian dollars.
68GF Score
Get the complete analysis for ITEX
Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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