GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Madison Technologies Inc (OTCPK:MDEX) » Definitions » Retained Earnings

Madison Technologies (Madison Technologies) Retained Earnings : $-40.73 Mil (As of Jun. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Madison Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Madison Technologies's retained earnings for the quarter that ended in Jun. 2023 was $-40.73 Mil.

Madison Technologies's quarterly retained earnings declined from Dec. 2022 ($-28.89 Mil) to Mar. 2023 ($-39.66 Mil) and declined from Mar. 2023 ($-39.66 Mil) to Jun. 2023 ($-40.73 Mil).

Madison Technologies's annual retained earnings declined from Dec. 2020 ($-1.48 Mil) to Dec. 2021 ($-15.75 Mil) and declined from Dec. 2021 ($-15.75 Mil) to Dec. 2022 ($-28.89 Mil).


Madison Technologies Retained Earnings Historical Data

The historical data trend for Madison Technologies'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.

Madison Technologies Retained Earnings Chart

Madison Technologies Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.53 -0.57 -1.48 -15.75 -28.89

Madison Technologies Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 -20.82 -22.70 -28.89 -39.66 -40.73

Madison Technologies 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.


Madison Technologies  (OTCPK:MDEX) 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.


Madison Technologies (Madison Technologies) Business Description

Traded in Other Exchanges
N/A
Address
450 Park Avenue, 30th Floor, New York, NY, USA, 10022
Madison Technologies Inc is engaged in the Over-The-Air (OTA) content distribution platform to capitalize on the changing media and distribution landscape and on the growing OTA viewership in the U.S. The over-the-air programming carried on is expected to include entertainment, shopping, weather, sports, as well as religious networks and networks targeting select ethnic groups with content lease agreements as the prime source of revenue. It generates sales from its television stations.
Executives
Thomas James Brady director, 10 percent owner, officer: CEO, CFO, Secretary Treasurer 750 WEST PENDER STREET, SUITE 202, VANCOUVER A1 V6C 2T7
Frank Mcenulty director 4182 N. VIKING WAY, SUITE 216, LONG BEACH CA 90808-1475
Steven Cozine director, 10 percent owner, officer: Secy/Treas 1460 BARCLAY ST. #701, NORTH VANCOUVER A1 V6G 1J5
Joseph Gallo director, 10 percent owner, officer: President 4445 PATTERDALE DRIVE, NORTH VANCOUVER A1 V7R 4L8
Joel Haskins director, 10 percent owner, officer: Treasurer 525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7
Kevin Michael Stunder director, 10 percent owner, officer: President 525 SEYMOUR STREET, SUITE 807, VANCOUVER A1 V6B 3H7