MDA Space (TSX:MDA) Retained Earnings : C$139 Mil (As of Dec. 2024)

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What is MDA Space Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MDA Space's retained earnings for the quarter that ended in Dec. 2024 was C$139 Mil.

MDA Space's quarterly retained earnings increased from Jun. 2024 (C$84 Mil) to Sep. 2024 (C$113 Mil) and increased from Sep. 2024 (C$113 Mil) to Dec. 2024 (C$139 Mil).

MDA Space's annual retained earnings increased from Dec. 2022 (C$10 Mil) to Dec. 2023 (C$59 Mil) and increased from Dec. 2023 (C$59 Mil) to Dec. 2024 (C$139 Mil).

MDA Space Retained Earnings Historical Data

The historical data trend for MDA Space'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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MDA Space Retained Earnings Chart

MDA Space Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

-17.30

-14.40

9.90

58.70

138.70

MDA Space Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial														58.70	72.50	83.50	113.00	138.70

MDA Space 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.

MDA Space (TSX:MDA) 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.

MDA Space Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » MDA Space Ltd (TSX:MDA) » Definitions » Retained Earnings

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MDALF:USA

Address

7500 Financial Drive, Brampton, ON, CAN, L6Y 6K7

Website

https://www.mda.space

MDA Space Ltd is a developer and manufacturer of technology and services to the space industry. It is an international space mission partner and robotics, satellite systems, and geo-intelligence pioneer. It is engaged in communications satellites, Earth and space observation, and space exploration and infrastructure. Geographically, it generates the majority of its revenue from Canada.

Executives

John Carter Risley	Director
Michael Philip Greenley	Director, Senior Officer
Guillaume Lavoie	Senior Officer
Yung Cheng Wu	Director
Janet Marie Mceachern	Senior Officer
Karl W. Smith	Director
Brendan Paddick	Director
Louis Vachon	Director
Vito Culmone	Senior Officer
James Balsillie	Director
Edgepoint Investment Group Inc.	10% Security Holder
Richard Emile Joseph Florizone	Director
Antonio Pagano	Director

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