mpower Technologies (mpower Technologies) Retained Earnings : $-226.88 Mil (As of Mar. 2022)

View and export this data going back to . Start your Free Trial

What is mpower Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. mpower Technologies's retained earnings for the quarter that ended in Mar. 2022 was $-226.88 Mil.

mpower Technologies's quarterly retained earnings declined from Sep. 2021 ($-225.77 Mil) to Dec. 2021 ($-225.87 Mil) and declined from Dec. 2021 ($-225.87 Mil) to Mar. 2022 ($-226.88 Mil).

mpower Technologies's annual retained earnings declined from Jun. 2019 ($-213.63 Mil) to Jun. 2020 ($-227.73 Mil) but then increased from Jun. 2020 ($-227.73 Mil) to Jun. 2021 ($-226.06 Mil).

mpower Technologies Retained Earnings Historical Data

The historical data trend for mpower Technologies'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.

mpower Technologies Retained Earnings Chart

mpower Technologies Annual Data

Trend

Jun12

Jun13

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Retained Earnings

Get a 7-Day Free Trial

-211.99

-211.68

-213.63

-227.73

-226.06

mpower Technologies Quarterly Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Retained Earnings	Get a 7-Day Free Trial															-225.67	-226.06	-225.77	-225.87	-226.88

mpower Technologies 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.

mpower Technologies (OTCPK:XDSL) 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.

mpower Technologies (mpower Technologies) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » mpower Technologies Inc (OTCPK:XDSL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

245 Riverside Avenue, Suite 100, Jacksonville, NJ, USA, 32202

Website

https://www.mpowertech.com

mpower Technologies Inc is an innovative solar technology company. It is shaping the future of solar power with a revolutionary new technology called DragonSCALES, a completely flexible, interconnected mesh of miniature solar cells.

Executives

Venkat Jayaraman Kodumudi	officer: Chief Operating Officer	43413 BALLANTINE PL, ASHBURN VA 20147
Angelia Lansinger Hrytsyshyn	officer: Chief Financial Officer	507 HARLEQUIN LANE, SEVERNA PARK MD 21146
Anshu Bhatnagar	director, officer: Chief Executive Officer	9711 WASHINGTON BLVD., #550, GAITHERSBURG MD 20878
Martin S Smiley	director, officer: Chief Financial Officer	12 SYCAMORE DRIVE, WESTPORT CT 06880
Christopher Cutchens	officer: Chief Financial Officer	9841 WASHINGTONIAN BOULEVARD, #390, GAITHERSBURG MD 20878
Karen Durando	10 percent owner, other: Wife of CEO	43 ALEXANDER AVE, NUTLEY NJ 07110
Patricia Dotoli	other: Wife of COO	245 RUTGERS PLACE, NUTLEY NJ 07110
Victor Lawrence	director	3 SUSSEX ROAD, HOLMDEL NJ 07733
Abraham Biderman	director	C/O LIPPER & CO, 101 PARK AVE 6TH FLOOR, NEW YORK NY 10179
Gustave T Dotoli	director, officer: Chief Operating Officer	C/O MPHASE TECHNOLOGIES INC, 587 CONNECTICUT AVE, NORWALK CT 06854
Ronald A Durando	director, 10 percent owner, officer: President and CEO	43 ALEXANDER AVE, NUTLEY NJ 07110
David Klimek	director, officer: Chief Technology Officer	C/O MPHASE TECHNOLOGIES INC, 587 CONNECTICUT AVE, NORWALK CT 06854
Necdet F Ergul	director, 10 percent owner	C/O MPHASE TECHNOLOGIES INC, 587 CONNECTICUT AVE, NORWALK CT 06854