Toggle3D.ai (XCNQ:TGGL) Retained Earnings : C$-7.86 Mil (As of Jul. 2024)

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What is Toggle3D.ai Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Toggle3D.ai's retained earnings for the quarter that ended in Jul. 2024 was C$-7.86 Mil.

Toggle3D.ai's quarterly retained earnings declined from Jan. 2024 (C$-6.69 Mil) to Apr. 2024 (C$-7.34 Mil) and declined from Apr. 2024 (C$-7.34 Mil) to Jul. 2024 (C$-7.86 Mil).

Toggle3D.ai Retained Earnings Historical Data

The historical data trend for Toggle3D.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.

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Toggle3D.ai Retained Earnings Chart

Toggle3D.ai Annual Data

Trend

Dec20

Dec21

Dec22

Retained Earnings

Toggle3D.ai Quarterly Data
	Dec20	Dec21	Dec22	Mar23	Jul23	Oct23	Jan24	Apr24	Jul24
Retained Earnings	Get a 7-Day Free Trial				-0.66	-1.79	-6.69	-7.34	-7.86

Toggle3D.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.

Toggle3D.ai (XCNQ:TGGL) 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.

Toggle3D.ai Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Toggle3D.ai (XCNQ:TGGL) » Definitions » Retained Earnings

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TGGLF:USA Q0C:Germany

Address

Toronto RPO Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6

Website

https://toggle3d.com

Toggle3D.ai is an AR-enhanced standalone web application that enables product designers, 3D artists, marketing professionals and eCommerce site owners to create, customize and publish high-quality 3D models and experiences without any technical or 3D design knowledge required. The Company believes that Toggle3D is the first platform of its kind, and this breakthrough SaaS product is a potential game changer for the manufacturing and design industry, as it provides a viable solution to convert large CAD files into lightweight 3D models at affordable prices and at scale.

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