Acceleware (TSXV:AXE) Retained Earnings : C$-40.34 Mil (As of Dec. 2024)

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What is Acceleware Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acceleware's retained earnings for the quarter that ended in Dec. 2024 was C$-40.34 Mil.

Acceleware's quarterly retained earnings increased from Jun. 2024 (C$-42.05 Mil) to Sep. 2024 (C$-41.20 Mil) and increased from Sep. 2024 (C$-41.20 Mil) to Dec. 2024 (C$-40.34 Mil).

Acceleware's annual retained earnings declined from Dec. 2022 (C$-40.30 Mil) to Dec. 2023 (C$-42.35 Mil) but then increased from Dec. 2023 (C$-42.35 Mil) to Dec. 2024 (C$-40.34 Mil).

Acceleware Retained Earnings Historical Data

The historical data trend for Acceleware'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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Acceleware Retained Earnings Chart

Acceleware Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Retained Earnings

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-31.08

-35.16

-40.30

-42.35

-40.34

Acceleware Quarterly Data
	Mar20	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															-42.35	-43.32	-42.05	-41.20	-40.34

Acceleware 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.

Acceleware (TSXV:AXE) 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.

Acceleware Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Acceleware Ltd (TSXV:AXE) » Definitions » Retained Earnings

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Address

435 - 10 Avenue SE, Calgary, AB, CAN, T2G 0W3

Website

https://www.acceleware.com

Acceleware Ltd is a Canadian clean-tech company. Its developing an enhanced heavy oil and oil sands production technology based on radio frequency (RF) heating that is designed to reduce the environmental impact of oil production while also reducing cost. It has two operating segments, RF Heating, and High-performance computing. The HPC segment sells proprietary computing software and related consulting services and training programs to the oil and gas industry. The RF Heating segment is engaged in research, development, and commercialization activities related to the proprietary clean-tech enhanced heavy oil and oil sands production technology. The company generates revenue from maintenance, software, and services. Geographically it generates a majority of its revenue from the USA.

Executives

Bohdan S. Romaniuk	Director
Cameron Parker Maccarthy	Senior Officer
Peter Micheal Neweduk	Director
Michal Okoniewski	Senior Officer
Geoffrey Blair David Clark	Senior Officer
Jens Horstmann	Director
Michael James Tourigny	Senior Officer
Brian David Leblanc	Senior Officer