Rainmaker Worldwide (Rainmaker Worldwide) Retained Earnings : $-74.33 Mil (As of Mar. 2024)

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What is Rainmaker Worldwide Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Rainmaker Worldwide's retained earnings for the quarter that ended in Mar. 2024 was $-74.33 Mil.

Rainmaker Worldwide's quarterly retained earnings declined from Sep. 2023 ($-73.78 Mil) to Dec. 2023 ($-74.06 Mil) and declined from Dec. 2023 ($-74.06 Mil) to Mar. 2024 ($-74.33 Mil).

Rainmaker Worldwide's annual retained earnings declined from Dec. 2021 ($-71.00 Mil) to Dec. 2022 ($-72.84 Mil) and declined from Dec. 2022 ($-72.84 Mil) to Dec. 2023 ($-74.06 Mil).

Rainmaker Worldwide Retained Earnings Historical Data

The historical data trend for Rainmaker Worldwide'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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Rainmaker Worldwide Retained Earnings Chart

Rainmaker Worldwide Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-45.63

-68.27

-71.00

-72.84

-74.06

Rainmaker Worldwide Quarterly Data
	Sep16	Dec16	Mar17	Jun17	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-73.28	-73.59	-73.78	-74.06	-74.33

Rainmaker Worldwide 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.

Rainmaker Worldwide (OTCPK:RAKR) 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.

Rainmaker Worldwide (Rainmaker Worldwide) Business Description

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Address

271 Brock Street, Peterborough, ON, CAN, K9H 2P8

Website

https://www.rainmakerww.com

Rainmaker Worldwide Inc is a cleantech company that is engaged in producing clean water. It provides innovative, environment-friendly water solutions to communities and businesses facing water scarcity. The company's sustainable technology features two product lines which include Air to water and water to water that have multiple applications. Air to Water harvests fresh water from humidity in the atmosphere. It is highly useful for islands, temporary vacation houses, and remote vacation houses, especially for hot conditions and limited water and has no risk of water-borne diseases. The Water to Water unit produces clean water from seawater, brackish water, or contaminated water sources. The company's products include WW-SO50 Solar Only Powered, AW-W100 Wind Powered, and others.