VIP Entertainment Technologies (TSXV:VIP.H) Retained Earnings: C$-8.88 Mil (As of Dec. 2024)


What is VIP Entertainment Technologies Retained Earnings?

VIP Entertainment Technologies TSXV:VIP.H Retained Earnings is C$-8.88 Mil as of Dec. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VIP Entertainment Technologies's retained earnings for the quarter that ended in Dec. 2024 was C$-8.88 Mil.

VIP Entertainment Technologies's quarterly retained earnings declined from Jun. 2024 (C$-8.71 Mil) to Sep. 2024 (C$-8.83 Mil) and declined from Sep. 2024 (C$-8.83 Mil) to Dec. 2024 (C$-8.88 Mil).

VIP Entertainment Technologies's annual retained earnings declined from Mar. 2020 (C$-0.09 Mil) to Mar. 2021 (C$-0.16 Mil) and declined from Mar. 2021 (C$-0.16 Mil) to Mar. 2022 (C$-0.25 Mil).

VIP Entertainment Technologies  (TSXV:VIP.H) 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.

VIP Entertainment Technologies Retained Earnings Historical Data

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The historical data trend for VIP Entertainment Technologies'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.

VIP Entertainment Technologies Retained Earnings Chart

VIP Entertainment Technologies Annual Data
Trend Mar19 Mar20 Mar21 Mar22
Retained Earnings
-0.03 -0.09 -0.16 -0.25

VIP Entertainment Technologies Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23 Jun24 Sep24 Dec24
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 -7.07 -7.17 -8.71 -8.83 -8.88

VIP Entertainment Technologies 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of C$-8.88 Mil mean?
VIP Entertainment Technologies (TSXV:VIP.H) has a Retained Earnings of C$-8.88 Mil as of Dec. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on VIP Entertainment Technologies and its competitors.
Is VIP Entertainment Technologies' Retained Earnings too high?
VIP Entertainment Technologies' current Retained Earnings is C$-8.88 Mil.
How does VIP Entertainment Technologies' Retained Earnings compare to DKNG and CHDN?
VIP Entertainment Technologies' Retained Earnings of C$-8.88 Mil can be compared against companies in the Travel & Leisure industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Travel & Leisure company?
A good Retained Earnings depends on the Travel & Leisure industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on VIP Entertainment Technologies and its competitors. VIP Entertainment Technologies's current Retained Earnings is C$-8.88 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIP Entertainment Technologies stock overvalued right now?
VIP Entertainment Technologies (TSXV:VIP.H) has a current Retained Earnings of C$-8.88 Mil. The current Retained Earnings is C$-8.88 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For VIP Entertainment Technologies (TSXV:VIP.H), the current Retained Earnings is C$-8.88 Mil as of Dec. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VIP Entertainment Technologies Business Description

Address 3200, 500 4th Avenue SW, Calgary, AB, CAN, T2P 2V6
VIP Entertainment Technologies Inc is engaged in sports betting, casino games and poker through its VIP Bets platform and social gaming through its Free to Play platform, VIPFree2Play were suspended.