THNCF (Thinkific Labs) Retained Earnings: $-75.06 Mil (As of Mar. 2026)

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THNCF Thinkific Labs Inc THNCF
70 GF Score
Price $0.84
GF Value $2.51
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Thinkific Labs Retained Earnings?

Thinkific Labs THNCF 70 Retained Earnings is $-75.06 Mil as of Mar. 2026. GuruFocus rates THNCF with a GF Score™ of 70/100 and a GF Value™ of $2.51 (Significantly Undervalued). The stock has 4 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thinkific Labs's retained earnings for the quarter that ended in Mar. 2026 was $-75.06 Mil.

Thinkific Labs's quarterly retained earnings increased from Sep. 2025 ($-74.29 Mil) to Dec. 2025 ($-73.95 Mil) but then declined from Dec. 2025 ($-73.95 Mil) to Mar. 2026 ($-75.06 Mil).

Thinkific Labs's annual retained earnings declined from Dec. 2023 ($-75.00 Mil) to Dec. 2024 ($-75.24 Mil) but then increased from Dec. 2024 ($-75.24 Mil) to Dec. 2025 ($-73.95 Mil).


Thinkific Labs  (OTCPK:THNCF) 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.


Thinkific Labs Retained Earnings Historical Data

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The historical data trend for Thinkific Labs'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.

Thinkific Labs Retained Earnings Chart

Thinkific Labs Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial -28.80 -65.22 -75.00 -75.24 -73.95

Thinkific Labs Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -74.83 -74.46 -74.29 -73.95 -75.06
THNCF
70GF Score
Thinkific Labs Inc THNCF
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Thinkific Labs 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-75.06 Mil mean?
Thinkific Labs (THNCF) has a Retained Earnings of $-75.06 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Thinkific Labs and its competitors.
Is Thinkific Labs' Retained Earnings too high?
Thinkific Labs' current Retained Earnings is $-75.06 Mil. Overall, Thinkific Labs has a GF Score™ of 70/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thinkific Labs' Retained Earnings compare to UBER and SHOP?
Thinkific Labs' Retained Earnings of $-75.06 Mil can be compared against companies in the Software 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 Software company?
A good Retained Earnings depends on the Software 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 Thinkific Labs and its competitors. Thinkific Labs's current Retained Earnings is $-75.06 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkific Labs stock overvalued right now?
Based on GuruFocus' analysis, Thinkific Labs (THNCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.51, compared to a current price of $0.84 — trading 66.6% below its estimated fair value. The current Retained Earnings is $-75.06 Mil. Thinkific Labs' overall GF Score™ is 70/100 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 Thinkific Labs (THNCF), the current Retained Earnings is $-75.06 Mil as of Mar. 2026. 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 Thinkific Labs (THNCF) Overvalued in 2026?

Based on GuruFocus' analysis, Thinkific Labs stock appears to be undervalued. The current stock price of $0.84 is trading 66.6% below its estimated GF Value™ of $2.51. GuruFocus considers Thinkific Labs to be Significantly Undervalued.

Key valuation signals for THNCF:

  • Retained Earnings: $-75.06 Mil
  • GF Value™: $2.51 vs. price of $0.84 (66.6% below fair value)
  • GF Score™: 70/100 with 4 warning signs

No single metric tells the full story. See the THNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thinkific Labs Business Description

Other Exchanges 5S0A:GermanyTHNC:Canada
Address 369 Terminal Avenue, Suite 400, Vancouver, BC, CAN, V6A 4C4
Thinkific Labs Inc is a cloud-based software platform. Its business activity is to provide a learning commerce platform that helps businesses scale and generate revenue through courses, communities, AI and commerce. The company's platform provides its customers with a learning commerce solution that enables them to create new revenue streams, retain customers, and build community through customized courses, membership sites, communities, digital products and other experiences. Its sources of revenue consist of software subscriptions to its cloud-based platform and revenue from payment processing. Geographically, it operates in Canada; United States, generating maximum revenue; and Rest of the World.
70GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.84
Price
$2.51
GF Value