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Gamesquare Esports (XCNQ:GSQ) Retained Earnings : C$-46.03 Mil (As of Sep. 2022)


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What is Gamesquare Esports Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gamesquare Esports's retained earnings for the quarter that ended in Sep. 2022 was C$-46.03 Mil.

Gamesquare Esports's quarterly retained earnings declined from Mar. 2022 (C$-35.10 Mil) to Jun. 2022 (C$-38.73 Mil) and declined from Jun. 2022 (C$-38.73 Mil) to Sep. 2022 (C$-46.03 Mil).

Gamesquare Esports's annual retained earnings declined from Dec. 2017 (C$-2.12 Mil) to Dec. 2018 (C$-3.22 Mil) and declined from Dec. 2018 (C$-3.22 Mil) to Dec. 2019 (C$-3.64 Mil).


Gamesquare Esports Retained Earnings Historical Data

The historical data trend for Gamesquare Esports'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.

Gamesquare Esports Retained Earnings Chart

Gamesquare Esports Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.39 -0.78 -2.12 -3.22 -3.64

Gamesquare Esports Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Feb21 May21 Aug21 Mar22 Jun22 Sep22
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 -16.96 -29.71 -35.10 -38.73 -46.03

Gamesquare Esports 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.


Gamesquare Esports  (XCNQ:GSQ) 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.


Gamesquare Esports (XCNQ:GSQ) Business Description

Traded in Other Exchanges
N/A
Address
150 York Street, Suite 1008, Toronto, ON, CAN, M5H 3S5
Gamesquare Esports Inc is an international esports company. It is seeking to acquire additional assets and entities serving the esports market and, more broadly, in sports and entertainment. The company's acquisition of Code Red, an esports talent agency, provided an initial foothold in Europe through its UK operations.The business is comprised of two operating segments: teams and agency services. The company's teams segment represents its esports teams, which generate revenue through sponsorship, prize, and player-related revenue. The company's agencies generate revenue through talent management, influencer promotional fees, and consulting.

Gamesquare Esports (XCNQ:GSQ) Headlines

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