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Infinitii Ai (XCNQ:IAI) Retained Earnings : C$-30.72 Mil (As of Dec. 2023)


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What is Infinitii Ai Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Infinitii Ai's retained earnings for the quarter that ended in Dec. 2023 was C$-30.72 Mil.

Infinitii Ai's quarterly retained earnings declined from Jun. 2023 (C$-30.12 Mil) to Sep. 2023 (C$-30.37 Mil) and declined from Sep. 2023 (C$-30.37 Mil) to Dec. 2023 (C$-30.72 Mil).

Infinitii Ai's annual retained earnings declined from Jun. 2021 (C$-25.04 Mil) to Jun. 2022 (C$-27.50 Mil) and declined from Jun. 2022 (C$-27.50 Mil) to Jun. 2023 (C$-30.12 Mil).

Infinitii Ai Retained Earnings Historical Data

The historical data trend for Infinitii Ai'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.

Infinitii Ai Retained Earnings Chart

Infinitii Ai Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.06 -20.42 -25.04 -27.50 -30.12

Infinitii Ai Quarterly Data
Mar19 Jun19 Sep19 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 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 -28.28 -29.62 -30.12 -30.37 -30.72

Infinitii Ai 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.

Infinitii Ai  (XCNQ:IAI) 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.

Infinitii Ai (XCNQ:IAI) Business Description

Industry
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Traded in Other Exchanges
CDTAF:USA
Address
1090 West Georgia Street, Suite 488, Vancouver, BC, CAN, V6E 3V7
Website
https://www.infinitii.ai
Infinitii Ai Inc provides environmental monitoring to water infrastructure utilities in the U.S and Canada. The group has developed AI-driven predictive analytics software for Smart City and Smart Industry infrastructure operations that rely on time-series data. The software performs real-time analysis, checks flow monitoring status, sets alarms through a single interface, accepts all types of data from any source, and offers predictive and prescriptive machine learning analytics. The company serves its customers through a trusted partner network that includes engineering and IT services companies like AECOM, Core & Main, Kerr Wood Leidal, K2 Geospatial, and CSL Services. It has one segment, comprised of data services. It derives the majority of its revenue from Canada.
Executives
Sheldon Inwentash 10% Security Holder
Threed Capital Inc. 10% Security Holder