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A2B Australia (A2B Australia) Retained Earnings : $-49.8 Mil (As of Dec. 2023)


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What is A2B Australia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. A2B Australia's retained earnings for the quarter that ended in Dec. 2023 was $-49.8 Mil.

A2B Australia's quarterly retained earnings increased from Dec. 2022 ($-50.2 Mil) to Jun. 2023 ($-50.0 Mil) and increased from Jun. 2023 ($-50.0 Mil) to Dec. 2023 ($-49.8 Mil).

A2B Australia's annual retained earnings declined from Jun. 2021 ($-35.4 Mil) to Jun. 2022 ($-52.3 Mil) but then increased from Jun. 2022 ($-52.3 Mil) to Jun. 2023 ($-50.0 Mil).


A2B Australia Retained Earnings Historical Data

The historical data trend for A2B Australia'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.

A2B Australia Retained Earnings Chart

A2B Australia Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 17.72 -18.84 -35.41 -52.30 -49.95

A2B Australia Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -38.03 -52.30 -50.22 -49.95 -49.82

A2B Australia 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.


A2B Australia  (OTCPK:CGAAY) 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.


A2B Australia (A2B Australia) Business Description

Traded in Other Exchanges
Address
9-13 O’Riordan Street, Alexandria, Sydney, NSW, AUS, 2015
A2B Australia Ltd provides payment and other services to taxi operators in Australia and also operates taxis itself. Its brands include 13cabs, Cabcharge, Silver Service, MTI, Spotto, EFT Solutions, and Giraffe payments. The company derives revenue from the Taxi service fee; Network subscription fees and others.

A2B Australia (A2B Australia) Headlines

From GuruFocus

Full Year 2023 A2B Australia Ltd Earnings Call Transcript

By GuruFocus Research 02-13-2024