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Sonim Technologies (STU:2W9A) Retained Earnings : €-229.21 Mil (As of Dec. 2023)


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What is Sonim Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sonim Technologies's retained earnings for the quarter that ended in Dec. 2023 was €-229.21 Mil.

Sonim Technologies's quarterly retained earnings declined from Jun. 2023 (€-229.95 Mil) to Sep. 2023 (€-232.95 Mil) but then increased from Sep. 2023 (€-232.95 Mil) to Dec. 2023 (€-229.21 Mil).

Sonim Technologies's annual retained earnings declined from Dec. 2021 (€-207.80 Mil) to Dec. 2022 (€-235.88 Mil) but then increased from Dec. 2022 (€-235.88 Mil) to Dec. 2023 (€-229.21 Mil).


Sonim Technologies Retained Earnings Historical Data

The historical data trend for Sonim 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.

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Sonim Technologies Retained Earnings Chart

Sonim Technologies Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -149.62 -161.26 -207.80 -235.88 -229.21

Sonim Technologies Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -235.88 -233.17 -229.95 -232.95 -229.21

Sonim 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.


Sonim Technologies  (STU:2W9A) 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.


Sonim Technologies (STU:2W9A) Business Description

Traded in Other Exchanges
Address
4445 Eastgate Mall, Suite 200, San Diego, CA, USA, 92121
Sonim Technologies Inc is a provider of ultra-rugged mobile devices, including phones and accessories designed specifically for task workers physically engaged in their work environments, often in mission-critical roles. The company sells mobile phones, accessories, and solutions to AT&T, T-Mobile, and Verizon in the United States, and to Bell, Rogers, and Telus Mobility in Canada. These products include rugged mobile phones that can attach to both public and private wireless networks, industrial-grade accessories that meet the requirements of specific applications and software applications, and cloud-based tools that provide management and deployment services to customers. The company generates revenue from discounts, price protection, and customer incentives.

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