Monitorapp Co (XKRX:434480) Retained Earnings : ₩1,977 Mil (As of Sep. 2024)

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What is Monitorapp Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Monitorapp Co's retained earnings for the quarter that ended in Sep. 2024 was ₩1,977 Mil.

Monitorapp Co's quarterly retained earnings increased from Mar. 2024 (₩1,316 Mil) to Jun. 2024 (₩2,046 Mil) but then declined from Jun. 2024 (₩2,046 Mil) to Sep. 2024 (₩1,977 Mil).

Monitorapp Co's annual retained earnings increased from Dec. 2021 (₩1,987 Mil) to Dec. 2022 (₩2,729 Mil) but then declined from Dec. 2022 (₩2,729 Mil) to Dec. 2023 (₩1,350 Mil).

Monitorapp Co Retained Earnings Historical Data

The historical data trend for Monitorapp Co'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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Monitorapp Co Retained Earnings Chart

Monitorapp Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-251.43

1,987.46

2,728.84

1,350.45

Monitorapp Co Quarterly Data
	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial					808.34	1,350.45	1,315.52	2,045.60	1,977.49

Monitorapp Co 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.

Monitorapp Co (XKRX:434480) 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.

Monitorapp Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Monitorapp Co Ltd (XKRX:434480) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

27, Digital-ro 27ga-gil, 8th and 9th Floor, Anam Building, Guro-gu, Seoul, KOR

Website

https://www.monitorapp.com

Monitorapp Co Ltd is a security solution vendor that researches and develops a variety of application acceleration and application security technologies. It supplies various types of B2B application security products and services. The main products are AIWAF (Application Insight Web Application Firewall), AISWG (Application Insight Secure Web Gateway), AISVA (Application Insight SSL Visibility Appliance, SSL visibility equipment), and all products are self-developed OS. (Operating System) AIOS and a proxy engine provide perfect security for internet traffic and applications. Its services include maintenance services for customers introducing products, managed services providing security equipment rental, security consulting, security maintenance services, and cloud security services.

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