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Mobile-health Network Solutions (Mobile-health Network Solutions) Retained Earnings : $-10.62 Mil (As of Dec. 2023)


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What is Mobile-health Network Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mobile-health Network Solutions's retained earnings for the quarter that ended in Dec. 2023 was $-10.62 Mil.

Mobile-health Network Solutions's quarterly retained earnings declined from Dec. 2022 ($-7.23 Mil) to Jun. 2023 ($-9.15 Mil) and declined from Jun. 2023 ($-9.15 Mil) to Dec. 2023 ($-10.62 Mil).

Mobile-health Network Solutions's annual retained earnings increased from Jun. 2021 ($-6.03 Mil) to Jun. 2022 ($-5.94 Mil) but then declined from Jun. 2022 ($-5.94 Mil) to Jun. 2023 ($-9.15 Mil).


Mobile-health Network Solutions Retained Earnings Historical Data

The historical data trend for Mobile-health Network Solutions'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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Mobile-health Network Solutions Retained Earnings Chart

Mobile-health Network Solutions Annual Data
Trend Jun21 Jun22 Jun23
Retained Earnings
-6.03 -5.94 -9.15

Mobile-health Network Solutions Quarterly Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial - -5.94 -7.23 -9.15 -10.62

Mobile-health Network Solutions 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.


Mobile-health Network Solutions  (NAS:MNDR) 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.


Mobile-health Network Solutions (Mobile-health Network Solutions) Business Description

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Traded in Other Exchanges
N/A
Address
2 Venture Drive, No.07-06/07, Vision Exchange, Singapore, SGP, 608526
Website
Mobile-health Network Solutions is a company engaged in providing telehealth solutions in terms of various matrices, such as the number of patient consultations per day and the ranking of its mobile application. They provide their services on its MaNaDr platform, which is accessible via their mobile application and website. The MaNaDr platform is a platform designed and created by doctors, for doctors and users. The company's revenues are derived mainly from the provision of telemedicine and other services, sale of medicine and medical devices.

Mobile-health Network Solutions (Mobile-health Network Solutions) Headlines