Pond Technologies Holdings (TSXV:POND) Retained Earnings : C$-52.88 Mil (As of Sep. 2023)

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What is Pond Technologies Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pond Technologies Holdings's retained earnings for the quarter that ended in Sep. 2023 was C$-52.88 Mil.

Pond Technologies Holdings's quarterly retained earnings declined from Mar. 2023 (C$-50.73 Mil) to Jun. 2023 (C$-51.98 Mil) and declined from Jun. 2023 (C$-51.98 Mil) to Sep. 2023 (C$-52.88 Mil).

Pond Technologies Holdings's annual retained earnings declined from Dec. 2020 (C$-40.34 Mil) to Dec. 2021 (C$-45.41 Mil) and declined from Dec. 2021 (C$-45.41 Mil) to Dec. 2022 (C$-49.87 Mil).

Pond Technologies Holdings Retained Earnings Historical Data

The historical data trend for Pond Technologies Holdings'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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Pond Technologies Holdings Retained Earnings Chart

Pond Technologies Holdings Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-22.98

-33.72

-40.34

-45.41

-49.87

Pond Technologies Holdings Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-48.71	-49.87	-50.73	-51.98	-52.88

Pond Technologies Holdings 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.

Pond Technologies Holdings (TSXV:POND) 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.

Pond Technologies Holdings (TSXV:POND) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Pond Technologies Holdings Inc (TSXV:POND) » Definitions » Retained Earnings

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PNDHF:USA 4O0:Germany

Address

250 Shields Court, Unit 8, Markham, ON, CAN, L3R 9W2

Website

https://www.pondtech.com

Pond Technologies Holdings Inc offers an algae-growing platform, which converts carbon dioxide (CO2) into algal-based commercial products. Its algae-growing platform converts the CO2 found in the untreated stack gas of industrial emitters into biofuels, animal feeds, and natural fertilizers. The Company has three reportable segments, one of which is the Nutraceutical Products segment, which includes production and consumer sales, third-party product operations, and distribution. The Technology Services segment includes royalties, microalgal biomass production, consulting, engineering services, construction of biomass production facilities, and corporate services.