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Quisitive Technology Solutions (TSXV:QUIS) Retained Earnings : C$0.0 Mil (As of Dec. 2023)


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What is Quisitive Technology Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Quisitive Technology Solutions's retained earnings for the quarter that ended in Dec. 2023 was C$0.0 Mil.

Quisitive Technology Solutions's quarterly retained earnings declined from Jun. 2023 (C$-72.2 Mil) to Sep. 2023 (C$-74.8 Mil) but then increased from Sep. 2023 (C$-74.8 Mil) to Dec. 2023 (C$0.0 Mil).

Quisitive Technology Solutions's annual retained earnings declined from Dec. 2021 (C$-51.7 Mil) to Dec. 2022 (C$-66.3 Mil) but then increased from Dec. 2022 (C$-66.3 Mil) to Dec. 2023 (C$0.0 Mil).


Quisitive Technology Solutions Retained Earnings Historical Data

The historical data trend for Quisitive Technology Solutions'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.

* Premium members only.

Quisitive Technology Solutions Retained Earnings Chart

Quisitive Technology Solutions Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -18.31 -30.86 -51.72 -66.26 -

Quisitive Technology Solutions Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -69.92 -72.17 -74.76 - -

Quisitive Technology Solutions 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.


Quisitive Technology Solutions  (TSXV:QUIS) 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.


Quisitive Technology Solutions (TSXV:QUIS) Business Description

Traded in Other Exchanges
Address
161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2S1
Quisitive Technology Solutions Inc is a Microsoft solutions provider. It offers Microsoft Azure, Microsoft Dynamics business applications and Microsoft O365 as well as proprietary Software as a Service (SaaS) solutions such as CRG emPerform, LedgerPay, and business solutions from other technology partners that complement the Microsoft platform. Its operating segments are Global Cloud Solutions and Global Payment Processing Solutions. Global Cloud Solutions segment contributes majorly in terms of revenue. The company has a business presence in the US and Canada, of which prime revenue is derived from the USA.
Executives
Michael Robert Reinhart Senior Officer
David Dean Guebert Director

Quisitive Technology Solutions (TSXV:QUIS) Headlines

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