Topicus com (TSXV:TOI) Retained Earnings : C$435 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Topicus com Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Topicus com's retained earnings for the quarter that ended in Dec. 2023 was C$435 Mil.

Topicus com's quarterly retained earnings increased from Jun. 2023 (C$368 Mil) to Sep. 2023 (C$395 Mil) and increased from Sep. 2023 (C$395 Mil) to Dec. 2023 (C$435 Mil).

Topicus com's annual retained earnings increased from Dec. 2021 (C$-2,578 Mil) to Dec. 2022 (C$327 Mil) and increased from Dec. 2022 (C$327 Mil) to Dec. 2023 (C$435 Mil).

Topicus com Retained Earnings Historical Data

The historical data trend for Topicus com'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.

Topicus com Retained Earnings Chart

Topicus com Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

210.75

215.93

-2,577.52

326.56

435.08

Topicus com Quarterly Data
	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												326.56	352.80	367.82	394.98	435.08

Topicus com 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.

Topicus com (TSXV:TOI) 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.

Topicus com (TSXV:TOI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Topicus com Inc (TSXV:TOI) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

TOITF:USA

Address

20 Adelaide Street East, Suite 1200, Toronto, ON, CAN, M5C 2T6

Website

https://www.topicus.com

Topicus com Inc is a provider of vertical market software and vertical market platforms to clients in the public and private sector. It acquires, builds, and manages leading software companies providing specialized, mission-critical, and high-impact software solutions that address the particular needs of customers. Substantial revenue is derived from maintenance and professional services offered by the firm.