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Hypercharge Networks (TSXV:HC) Retained Earnings : C$-21.01 Mil (As of Dec. 2023)


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What is Hypercharge Networks Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hypercharge Networks's retained earnings for the quarter that ended in Dec. 2023 was C$-21.01 Mil.

Hypercharge Networks's quarterly retained earnings declined from Jun. 2023 (C$-16.79 Mil) to Sep. 2023 (C$-18.59 Mil) and declined from Sep. 2023 (C$-18.59 Mil) to Dec. 2023 (C$-21.01 Mil).

Hypercharge Networks's annual retained earnings stayed the same from . 20 (C$0.00 Mil) to . 20 (C$0.00 Mil) but then increased from . 20 (C$0.00 Mil) to Aug. 2021 (C$-0.96 Mil).


Hypercharge Networks Retained Earnings Historical Data

The historical data trend for Hypercharge Networks'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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Hypercharge Networks Retained Earnings Chart

Hypercharge Networks Annual Data
Trend Aug21
Retained Earnings
-0.96

Hypercharge Networks Quarterly Data
Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Dec22 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -10.35 -12.65 -16.79 -18.59 -21.01

Hypercharge Networks 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.


Hypercharge Networks  (TSXV:HC) 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.


Hypercharge Networks (TSXV:HC) Business Description

Traded in Other Exchanges
Address
1075 West 1st Street, Suite 208, North Vancouver, BC, CAN, V7P 3T4
Hypercharge Networks Corp is an electric vehicle supply equipment company that provides turnkey electric vehicle charging solutions. As a clean-technology innovator, the company's mission is to accelerate EV adoption and shift towards a carbon-neutral economy by providing seamless, simple charging experiences through industry equipment and a robust network of public and private charging stations. It has a single segment, the sale of EV charging equipment, software, and maintenance contracts.
Executives
Jason Baybutt Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)

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