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Smartspace Software (LSE:SMRT) Retained Earnings : £6.21 Mil (As of Jul. 2023)


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What is Smartspace Software Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Smartspace Software's retained earnings for the quarter that ended in Jul. 2023 was £6.21 Mil.

Smartspace Software's quarterly retained earnings declined from Jul. 2022 (£8.07 Mil) to Jan. 2023 (£6.58 Mil) and declined from Jan. 2023 (£6.58 Mil) to Jul. 2023 (£6.21 Mil).

Smartspace Software's annual retained earnings declined from Jan. 2021 (£11.70 Mil) to Jan. 2022 (£9.16 Mil) and declined from Jan. 2022 (£9.16 Mil) to Jan. 2023 (£6.58 Mil).


Smartspace Software Retained Earnings Historical Data

The historical data trend for Smartspace Software'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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Smartspace Software Retained Earnings Chart

Smartspace Software Annual Data
Trend Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23.84 13.96 11.70 9.16 6.58

Smartspace Software Semi-Annual Data
Jan14 Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23
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 10.15 9.16 8.07 6.58 6.21

Smartspace Software 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.


Smartspace Software  (LSE:SMRT) 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.


Smartspace Software (LSE:SMRT) Business Description

Traded in Other Exchanges
Address
4 Fordham House Court, Fordham House Estate, Fordham, Cambridgeshire, GBR, CB7 5LL
Smartspace Software PLC is engaged in the development and sale of software products. It is also engaged in the sale and installation of audio-visual hardware products. It operates through the following segments SwipedOn, and Space Connect. The firm generates the majority of revenue from the SwipedOn segment which is engaged in the sale and support of self-service visitor management software to customers throughout the world.

Smartspace Software (LSE:SMRT) Headlines

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