Likewise Group (FRA:7RL) Retained Earnings : €18.7 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Likewise Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Likewise Group's retained earnings for the quarter that ended in Dec. 2023 was €18.7 Mil.

Likewise Group's quarterly retained earnings declined from Dec. 2022 (€18.3 Mil) to Jun. 2023 (€18.0 Mil) but then increased from Jun. 2023 (€18.0 Mil) to Dec. 2023 (€18.7 Mil).

Likewise Group's annual retained earnings increased from Dec. 2021 (€-5.7 Mil) to Dec. 2022 (€18.3 Mil) and increased from Dec. 2022 (€18.3 Mil) to Dec. 2023 (€18.7 Mil).

Likewise Group Retained Earnings Historical Data

The historical data trend for Likewise Group'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.

Likewise Group Retained Earnings Chart

Likewise Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-1.88

-5.16

-5.67

18.29

18.66

Likewise Group Semi-Annual Data
	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial				-5.67	19.55	18.29	17.97	18.66

Likewise Group 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.

Likewise Group (FRA:7RL) 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.

Likewise Group (FRA:7RL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Likewise Group PLC (FRA:7RL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

LIKE:UK

Address

Radial way,, Unit 4 Radial Park, Birmingham Business Park,, Solihull, GBR, B37 7WN

Website

https://www.likewiseplc.com

Likewise Group Plc is a distributor of floorcoverings and mattings. The company's products include residential carpets, commercial carpets, and laminate. Geographically, the company derives a majority of its revenue from the United Kingdom followed by the Rest of Europe and the Rest of the world.

Likewise Group (FRA:7RL) Headlines

No Headlines