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Integrated Cyber Solutions (XCNQ:ICS) Retained Earnings : C$-8.58 Mil (As of Sep. 2023)


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What is Integrated Cyber Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Integrated Cyber Solutions's retained earnings for the quarter that ended in Sep. 2023 was C$-8.58 Mil.

Integrated Cyber Solutions's quarterly retained earnings increased from Mar. 2023 (C$-9.05 Mil) to Jun. 2023 (C$-8.33 Mil) but then declined from Jun. 2023 (C$-8.33 Mil) to Sep. 2023 (C$-8.58 Mil).

Integrated Cyber Solutions's annual retained earnings increased from . 20 (C$0.00 Mil) to Jun. 2022 (C$-0.53 Mil) but then declined from Jun. 2022 (C$-0.53 Mil) to Jun. 2023 (C$-8.33 Mil).


Integrated Cyber Solutions Retained Earnings Historical Data

The historical data trend for Integrated Cyber Solutions'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.

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Integrated Cyber Solutions Retained Earnings Chart

Integrated Cyber Solutions Annual Data
Trend Jun22 Jun23
Retained Earnings
-0.53 -8.33

Integrated Cyber Solutions Quarterly Data
Mar22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial - -9.33 -9.05 -8.33 -8.58

Integrated Cyber Solutions 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.


Integrated Cyber Solutions  (XCNQ:ICS) 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.


Integrated Cyber Solutions (XCNQ:ICS) Business Description

Traded in Other Exchanges
N/A
Address
1 Stiles Road, Salem, NH, USA, 03079
Integrated Cyber Solutions Inc delivers cyber services to small-to-medium businesses by integrating various third-party security service providers into the IC360 operating system. In addition to providing key cybersecurity services, Integrated Cyber correlates information across multiple siloed platforms in their customers' environments to help them understand and manage their environments with simple, understandable, and actionable insights. The company emphasizes the human side of cybersecurity management, simplifying cyber concepts, and focusing on the critical role employee behavior plays in a company's cyber defenses. Its services include Vulnerability Management, MDR/XDR, and Cyber Training and awareness.

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