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M2i Global (M2i Global) Retained Earnings : $-2.81 Mil (As of Feb. 2024)


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What is M2i Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. M2i Global's retained earnings for the quarter that ended in Feb. 2024 was $-2.81 Mil.

M2i Global's quarterly retained earnings increased from Aug. 2023 ($-2.14 Mil) to Nov. 2023 ($-2.11 Mil) but then declined from Nov. 2023 ($-2.11 Mil) to Feb. 2024 ($-2.81 Mil).

M2i Global's annual retained earnings declined from Nov. 2021 ($-0.06 Mil) to Nov. 2022 ($-0.12 Mil) and declined from Nov. 2022 ($-0.12 Mil) to Nov. 2023 ($-2.11 Mil).

M2i Global Retained Earnings Historical Data

The historical data trend for M2i Global'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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M2i Global Retained Earnings Chart

M2i Global Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial -0.02 -0.04 -0.06 -0.12 -2.11

M2i Global 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 -0.15 -0.69 -2.14 -2.11 -2.81

M2i Global 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.

M2i Global  (OTCPK:MTWO) 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.

M2i Global (M2i Global) Business Description

Industry
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Traded in Other Exchanges
N/A
Address
S. Carson Street, P.O. Box No. 40, Carson, NV, USA, 89701
Website
https://www.inky.live
M2I Global Inc formerly Inky Inc develops, publishes and markets mobile software applications for smartphones and tablet devices. Inky facilitates the user to decide what and where to ink without having to actually commence the tattoo procedure. Users will be able to download applications through direct-to-consumer digital storefronts, such as the apple app store and google play market. The app includes a selection of tattoo sketches by different artists that can be virtually placed via smartphone-powered AR. A user gets to try on a virtual tattoo on their body in real time.