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Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Retained Earnings : $-17.72 Mil (As of Feb. 2024)


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What is Digital Brand Media & Marketing Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Digital Brand Media & Marketing Group's retained earnings for the quarter that ended in Feb. 2024 was $-17.72 Mil.

Digital Brand Media & Marketing Group's quarterly retained earnings declined from Aug. 2023 ($-17.14 Mil) to Nov. 2023 ($-17.53 Mil) and declined from Nov. 2023 ($-17.53 Mil) to Feb. 2024 ($-17.72 Mil).

Digital Brand Media & Marketing Group's annual retained earnings declined from Aug. 2021 ($-15.85 Mil) to Aug. 2022 ($-16.42 Mil) and declined from Aug. 2022 ($-16.42 Mil) to Aug. 2023 ($-17.14 Mil).


Digital Brand Media & Marketing Group Retained Earnings Historical Data

The historical data trend for Digital Brand Media & Marketing Group'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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Digital Brand Media & Marketing Group Retained Earnings Chart

Digital Brand Media & Marketing Group Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.49 -15.15 -15.85 -16.42 -17.14

Digital Brand Media & Marketing Group Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 -17.21 -17.19 -17.14 -17.53 -17.72

Digital Brand Media & Marketing Group 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.


Digital Brand Media & Marketing Group  (OTCPK:DBMM) 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.


Digital Brand Media & Marketing Group (Digital Brand Media & Marketing Group) Business Description

Traded in Other Exchanges
N/A
Address
845 Third Avenue, 6th Floor, New York, NY, USA, 10022
Digital Brand Media & Marketing Group Inc is involved in the business of crafting, designing, and executing digital marketing strategies across multiple advertising platforms and social media networks for an array of clients to increase return on investment. The company generates revenue through Pay-Per-Click Advertising, Search Engine Marketing, Search Engine Optimization Services, Web Design, Social Media, Digital analytics and Advisory Services. It promotes and sells its services under the brand name of Digital Clarity.
Executives
Linda Perry director 400 EAST 54TH STREET, APT 28E, NEW YORK NY 10022
Reggie James director HOLLYDALE SNOWDENHAM LANE, BRAMLEY, SURRY X0 GU5 0AT

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