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Voip-Pal.com (Voip-Pal.com) Retained Earnings : $-96.42 Mil (As of Mar. 2024)


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What is Voip-Pal.com Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Voip-Pal.com's retained earnings for the quarter that ended in Mar. 2024 was $-96.42 Mil.

Voip-Pal.com's quarterly retained earnings declined from Sep. 2023 ($-93.19 Mil) to Dec. 2023 ($-93.75 Mil) and declined from Dec. 2023 ($-93.75 Mil) to Mar. 2024 ($-96.42 Mil).

Voip-Pal.com's annual retained earnings declined from Sep. 2021 ($-66.38 Mil) to Sep. 2022 ($-70.08 Mil) and declined from Sep. 2022 ($-70.08 Mil) to Sep. 2023 ($-93.19 Mil).


Voip-Pal.com Retained Earnings Historical Data

The historical data trend for Voip-Pal.com'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.

Voip-Pal.com Retained Earnings Chart

Voip-Pal.com Annual Data
Trend Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -51.72 -54.07 -66.38 -70.08 -93.19

Voip-Pal.com Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -71.47 -92.70 -93.19 -93.75 -96.42

Voip-Pal.com 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.


Voip-Pal.com  (OTCPK:VPLM) 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.


Voip-Pal.com (Voip-Pal.com) Business Description

Traded in Other Exchanges
N/A
Address
7215 Bosque Boulevard, Suite 102, Waco, TX, USA, 76710-4020
Voip-Pal.com Inc is a us-based development stage company. It operates in one reportable segment being the acquisition and development of VoIP-related intellectual property including patents and technology. The company provides a proprietary transactional billing platform to serve the points and air mile business, and a provider of anti-virus applications for smartphones.
Executives
Dennis Chang officer: PRESIDENT 117 E LOUISA STREET, SEATTLE WA 98102
Barbara Baggio other: WIFE OF CEO 3702 1211 MELVILLE ST, VANCOUVER A1 V6E0A7
Kevin Bryan Williams director, officer: CFO 3933 CLAYTON ROAD WEST, FORT WORTH TX 76116
Howard Clifton Saylor director 801 WINCREST PLACE, GREAT FALLS VA 22066-2736
Magdi Emil Malak director, 10 percent owner, officer: CEO 773 HORNBY STREET, VANCOUVER A1 V6Z1S4
Donald Barry Lee other: CFO 283-1755 ROBSON STREET, VANCOUVER A1 V6G3B7
Ryan Leroy Thomas director 2740 E 1700 N, LAYTON UT 84040
Jin Kuang officer: CFO 717 GROVER AVENUE, COQUITLAM A1 V3J3C7

Voip-Pal.com (Voip-Pal.com) Headlines

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