Summit Networks Inc. (SNTW) Retained Earnings (2014 - 2023)
Summit Networks (SNTW) posted quarterly Retained Earnings of $588867.0 for Q1 2023, up 147.46% year-over-year from $237963.8 in Q1 2022, and little changed quarter-over-quarter from $588867.0 in Q4 2022.
Summit Networks Inc. (SNTW) Retained Earnings (2014 - 2023) Analysis & Trends
Summit Networks (SNTW) has reported Retained Earnings for 10 consecutive years, with $588867.0 the latest figure, recorded in Q1 2023.
- In Q1 2023, Retained Earnings rose 147.46% year-over-year to $588867.0; the TTM figure through Mar 2023 stood at $588867.0 (up 147.46% YoY), while the FY2022 annual figure was -$1.2 million, down 9.75% from the prior year.
- Retained Earnings was little changed at $588867.0 in Q1 2023 per SNTW's latest filing, from $588867.0 in the prior quarter.
- Across five years, Retained Earnings topped out at $588867.0 in Q4 2022 and bottomed at -$1.3 million in Q2 2022.
- Historically, Retained Earnings has averaged -$207538.6 across 5 years, with a median of $361867.0 in 2020.
- Annual changes were most pronounced in 2019 — Retained Earnings slumped 4212.21% — and 2023, when it soared 147.46%.
- Summit Networks' Retained Earnings stood at $364867.0 in 2019, then declined by 0.82% to $361867.0 in 2020, then rose by 8.84% to $393867.0 in 2021, then soared by 49.51% to $588867.0 in 2022, then changed by 0.0% to $588867.0 in 2023.
- Business Quant data shows SNTW's Retained Earnings at $588867.0 in Q1 2023, $588867.0 in Q4 2022, and -$1.2 million in Q3 2022.
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Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2023 | 588,867.00 |
| Dec 31, 2022 | 588,867.00 |
| Sep 30, 2022 | -1.22 Mn |
| Jun 30, 2022 | -1.27 Mn |
| Mar 31, 2022 | -1.24 Mn |
| Dec 31, 2021 | 393,867.00 |
| Sep 30, 2021 | -1.11 Mn |
| Jun 30, 2021 | 393,867.00 |
| Mar 31, 2021 | 379,367.00 |
| Sep 30, 2020 | 361,867.00 |
| Jul 31, 2020 | -643,783.00 |
| Apr 30, 2020 | 361,867.00 |
| Jan 31, 2020 | -549,572.00 |
| Oct 31, 2019 | 364,867.00 |
| Jul 31, 2019 | -512,258.00 |
| Jul 31, 2018 | 12,457.00 |
| Apr 30, 2017 | 39,000.00 |
| Jan 31, 2017 | 39,000.00 |
| Oct 31, 2016 | 39,000.00 |
| Jul 31, 2016 | -27,259.00 |