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SponsorsOne Brands (XCNQ:SPO) Retained Earnings : C$-51.71 Mil (As of Sep. 2022)


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What is SponsorsOne Brands Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SponsorsOne Brands's retained earnings for the quarter that ended in Sep. 2022 was C$-51.71 Mil.

SponsorsOne Brands's quarterly retained earnings declined from Mar. 2022 (C$-51.15 Mil) to Jun. 2022 (C$-51.63 Mil) and declined from Jun. 2022 (C$-51.63 Mil) to Sep. 2022 (C$-51.71 Mil).

SponsorsOne Brands's annual retained earnings declined from Dec. 2019 (C$-14.95 Mil) to Dec. 2020 (C$-23.59 Mil) and declined from Dec. 2020 (C$-23.59 Mil) to Dec. 2021 (C$-50.42 Mil).


SponsorsOne Brands Retained Earnings Historical Data

The historical data trend for SponsorsOne Brands'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.

SponsorsOne Brands Retained Earnings Chart

SponsorsOne Brands Annual Data
Trend Oct12 Oct13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.63 -10.83 -14.95 -23.59 -50.42

SponsorsOne Brands Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 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 -45.53 -50.42 -51.15 -51.63 -51.71

SponsorsOne Brands 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.


SponsorsOne Brands  (XCNQ:SPO) 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.


SponsorsOne Brands (XCNQ:SPO) Business Description

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Address
2 Campbell Drive, Suite 307C, Uxbridge, ON, CAN, L9P 1H6
SponsorsOne Brands Inc engages in brand creation and digital marketing through influencer marketing, storytelling, and digital commerce with the SponsorCoin platform and its scalable - smart contract-based digital currency. SponsorCoin allows brands to build and manage exclusive engaged communities of salespeople and marketers within the social realm. The SponsorCoin platform provides data-driven marketing campaigns that will change the way brands connect with their customers. SponsorCoin is a tool for brands to inspire real movements around their products and services.

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