Zonetail (TSXV:ZONE) Retained Earnings : C$-14.63 Mil (As of Sep. 2023)

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What is Zonetail Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zonetail's retained earnings for the quarter that ended in Sep. 2023 was C$-14.63 Mil.

Zonetail's quarterly retained earnings declined from Dec. 2022 (C$-13.79 Mil) to Mar. 2023 (C$-14.05 Mil) and declined from Mar. 2023 (C$-14.05 Mil) to Sep. 2023 (C$-14.63 Mil).

Zonetail's annual retained earnings declined from Dec. 2020 (C$-9.95 Mil) to Dec. 2021 (C$-11.75 Mil) and declined from Dec. 2021 (C$-11.75 Mil) to Dec. 2022 (C$-13.79 Mil).

Zonetail Retained Earnings Historical Data

The historical data trend for Zonetail'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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Zonetail Retained Earnings Chart

Zonetail Annual Data

Trend

Jun15

Jun16

Jun17

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-7.88

-8.97

-9.95

-11.75

-13.79

Zonetail Quarterly Data
	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-12.82	-13.33	-13.79	-14.05	-14.63

Zonetail 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.

Zonetail (TSXV:ZONE) 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.

Zonetail (TSXV:ZONE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Zonetail Inc (TSXV:ZONE) » Definitions » Retained Earnings

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ZTLLF:USA

Address

20 Dalhousie Street, Toronto, ON, CAN, M5B 2A5

Website

https://www.zonetail.com

Zonetail Inc is a mobile platform and market network. Its mission is to provide a state-of-the-art mobile platform that enables high-rise residents to better manage their homes by connecting people to products, amenities, and services. Its Vision is to build a critical mass of users in the hard-to-reach, high-rise residential vertical, through a unique mobile market network model - providing vital information, products, and services at the tap of a screen. It is the search engine to optimizes the home. Zonetail is partnered with Yardi, Shiftsuite, and now MRI Software which together account for an estimated 50 million households across North America.

Executives

Mark William Holmes

Director, Senior Officer

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