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Lightspeed Commerce (TSX:LSPD) Retained Earnings : C$-2,854 Mil (As of Dec. 2023)


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What is Lightspeed Commerce Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lightspeed Commerce's retained earnings for the quarter that ended in Dec. 2023 was C$-2,854 Mil.

Lightspeed Commerce's quarterly retained earnings declined from Jun. 2023 (C$-2,717 Mil) to Sep. 2023 (C$-2,824 Mil) and declined from Sep. 2023 (C$-2,824 Mil) to Dec. 2023 (C$-2,854 Mil).

Lightspeed Commerce's annual retained earnings declined from Mar. 2021 (C$-802 Mil) to Mar. 2022 (C$-1,173 Mil) and declined from Mar. 2022 (C$-1,173 Mil) to Mar. 2023 (C$-2,731 Mil).


Lightspeed Commerce Retained Earnings Historical Data

The historical data trend for Lightspeed Commerce'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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Lightspeed Commerce Retained Earnings Chart

Lightspeed Commerce Annual Data
Trend Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -615.00 -716.82 -801.60 -1,172.56 -2,731.40

Lightspeed Commerce 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 -2,610.67 -2,731.40 -2,716.86 -2,824.45 -2,854.42

Lightspeed Commerce 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.


Lightspeed Commerce  (TSX:LSPD) 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.


Lightspeed Commerce (TSX:LSPD) Business Description

Traded in Other Exchanges
Address
700 Saint-Antoine Street East, Suite 300, Montreal, QC, CAN, H2Y 1A6
Lightspeed Commerce Inc provides an omni-channel commerce-enabling SaaS platform. Its software platform provides customers with the functionality it needs to engage with consumers, manage their operations, accept payments, and grow their business. The company sells its platform through a direct sales force in the United States, Canada, New Zealand, United Kingdom, Australia and other countries. It derives a majority of its revenue from the United States.