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MOJO Data Solutions (MOJO Data Solutions) Retained Earnings : $-0.50 Mil (As of Dec. 2021)


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What is MOJO Data Solutions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MOJO Data Solutions's retained earnings for the quarter that ended in Dec. 2021 was $-0.50 Mil.

MOJO Data Solutions's quarterly retained earnings increased from Dec. 2018 ($-0.78 Mil) to Dec. 2020 ($-0.48 Mil) but then declined from Dec. 2020 ($-0.48 Mil) to Dec. 2021 ($-0.50 Mil).

MOJO Data Solutions's annual retained earnings increased from Dec. 2018 ($-0.78 Mil) to Dec. 2020 ($-0.48 Mil) but then declined from Dec. 2020 ($-0.48 Mil) to Dec. 2021 ($-0.50 Mil).


MOJO Data Solutions Retained Earnings Historical Data

The historical data trend for MOJO Data Solutions'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.

MOJO Data Solutions Retained Earnings Chart

MOJO Data Solutions Annual Data
Trend Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.76 -0.76 -0.78 -0.48 -0.50

MOJO Data Solutions Semi-Annual Data
Apr11 Apr12 Apr13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec20 Dec21
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.76 -0.76 -0.78 -0.48 -0.50

MOJO Data Solutions 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.


MOJO Data Solutions  (OTCPK:MJDS) 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.


MOJO Data Solutions (MOJO Data Solutions) Business Description

Traded in Other Exchanges
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Address
E21 Calle Las Palmas, URB Dorado Reef, Dorado, PRI, 00646
MOJO Data Solutions Inc is engaged in the development of smartphone applications that enable consumers to interact with traditional media. The firm delivers multimedia mobile visual search and content delivery platforms on the handset with data processing and campaign management tools. It offers a campaign management suite that includes Mojo Tags, which allows consumers to connect with the digital content and experiences of brands through smartphones; Mojo Insights which offers solutions for managing mobile campaigns and connecting consumers to Internet content from traditional media; Mojo Tags App, a multimedia scanning application; and Mojo Touch solutions. The company also has Mojo Beacons, which delivers in-store customer experiences.