Mynaric AG (FRA:M0YN) Retained Earnings : €-260.08 Mil (As of Dec. 2023)

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What is Mynaric AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mynaric AG's retained earnings for the quarter that ended in Dec. 2023 was €-260.08 Mil.

Mynaric AG's quarterly retained earnings declined from Dec. 2022 (€-166.55 Mil) to Jun. 2023 (€-198.99 Mil) and declined from Jun. 2023 (€-198.99 Mil) to Dec. 2023 (€-260.08 Mil).

Mynaric AG's annual retained earnings declined from Dec. 2021 (€-92.77 Mil) to Dec. 2022 (€-166.55 Mil) and declined from Dec. 2022 (€-166.55 Mil) to Dec. 2023 (€-260.08 Mil).

Mynaric AG Retained Earnings Historical Data

The historical data trend for Mynaric AG'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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Mynaric AG Retained Earnings Chart

Mynaric AG Annual Data

Trend

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-26.65

-47.29

-92.77

-166.55

-260.08

Mynaric AG Semi-Annual Data
	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial								-92.77	-125.68	-166.55	-198.99	-260.08

Mynaric AG 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.

Mynaric AG (FRA:M0YN) 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.

Mynaric AG (FRA:M0YN) Business Description

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MYNA:USA MOYFF:USA M0YN:Germany

Address

Dornierstrasse 19, Gilching, BY, DEU, 82205

Website

https://www.mynaric.com

Mynaric AG operates in the communication equipment business sector. The company is engaged in the manufacture and sale of products and projects and the provision of services in the field of laser technology, in particular in the aerospace, telematics, and satellite services sectors. It operates in two segments: Air and Space. The space segment comprises CONDOR terminals, and the Air segment comprises HAWK terminal. The company's product portfolio consists of Optical ground stations, Air-to-ground terminals, Air-to-air terminals, Space terminals, and Custom products and subcomponents. Its applications consist of high-altitude networks, remote eye, satellite constellations, earth observation satellites, and others. Geographically, the majority is from the United States.

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