Gatekeeper Systems (Gatekeeper Systems) Retained Earnings : $-0.24 Mil (As of Feb. 2024)

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What is Gatekeeper Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gatekeeper Systems's retained earnings for the quarter that ended in Feb. 2024 was $-0.24 Mil.

Gatekeeper Systems's quarterly retained earnings increased from Aug. 2023 ($-2.93 Mil) to Nov. 2023 ($-1.13 Mil) and increased from Nov. 2023 ($-1.13 Mil) to Feb. 2024 ($-0.24 Mil).

Gatekeeper Systems's annual retained earnings increased from Aug. 2021 ($-6.85 Mil) to Aug. 2022 ($-5.23 Mil) and increased from Aug. 2022 ($-5.23 Mil) to Aug. 2023 ($-2.93 Mil).

Gatekeeper Systems Retained Earnings Historical Data

The historical data trend for Gatekeeper Systems'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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Gatekeeper Systems Retained Earnings Chart

Gatekeeper Systems Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Retained Earnings

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-8.44

-5.77

-6.85

-5.23

-2.93

Gatekeeper Systems 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															-3.73	-3.42	-2.93	-1.13	-0.24

Gatekeeper Systems 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.

Gatekeeper Systems (OTCPK:GKPRF) 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.

Gatekeeper Systems (Gatekeeper Systems) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Gatekeeper Systems Inc (OTCPK:GKPRF) » Definitions » Retained Earnings

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1GK:Germany GSI:Canada

Address

31127 Wheel Avenue, Suite 301, Abbotsford, BC, CAN, V2T 6H1

Website

https://www.gatekeeper-systems.com

Gatekeeper Systems Inc is a provider of intelligent video solutions designed to provide a safer transportation environment for children, passengers, and public safety personnel on multiple transportation modes. The company uses AI(Artificial intelligence), video analytics, and mobile data collectors to inter-connect public transit assets as part of intelligent transportation systems for Smart City initiatives. Some of its product categories include interior cameras, exterior cameras, dashboard cameras among others. Geographically, the company generates revenue from United States which is the key revenue generating market, and Canada.