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Visionstate (TSXV:VIS) Retained Earnings : C$-16.60 Mil (As of Sep. 2024)


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What is Visionstate Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Visionstate's retained earnings for the quarter that ended in Sep. 2024 was C$-16.60 Mil.

Visionstate's quarterly retained earnings declined from Mar. 2024 (C$-15.80 Mil) to Jun. 2024 (C$-16.00 Mil) and declined from Jun. 2024 (C$-16.00 Mil) to Sep. 2024 (C$-16.60 Mil).

Visionstate's annual retained earnings declined from Sep. 2022 (C$-13.94 Mil) to Sep. 2023 (C$-15.67 Mil) and declined from Sep. 2023 (C$-15.67 Mil) to Sep. 2024 (C$-16.60 Mil).

Visionstate Retained Earnings Historical Data

The historical data trend for Visionstate'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.

Visionstate Retained Earnings Chart

Visionstate Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.28 -13.32 -13.94 -15.67 -16.60

Visionstate Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -15.67 -15.75 -15.80 -16.00 -16.60

Visionstate 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.

Visionstate  (TSXV:VIS) 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.

Visionstate Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Visionstate Corp (TSXV:VIS) » Definitions » Retained Earnings
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Traded in Other Exchanges
VSSSF:USA
Address
8634 53 Avenue, Edmonton, AB, CAN, T6E 5G2
Website
https://www.visionstate.com
Visionstate Corp is engaged in interactive electronic business solutions in the form of touchscreen and mobile way-finding and efficiency applications, as well as consulting, graphic and web design, and related services and support. The main focus of the Company is its Visionstate IoT Inc. division. This division is focused on building interactive smart applications into digital display networks that incorporate proprietary facility management software, bundled into a touchscreen computer with integrated computing capacity (WAnDA units) and digital efficiency products. The company is actively marketing these products to large customers such as shopping centres, hospitals, office buildings, airports, schools and other places that require efficiency applications in targeted area.
Executives
Charles Monte Goble 10% Security Holder
Angel Valov Director
James Duke Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Nedyalko Dimitrov Director
John Putters Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer
Randa Kachkar Director, Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6), Senior Officer