Articore Group (ASX:ATG) Retained Earnings : A$-116.4 Mil (As of Dec. 2023)

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What is Articore Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Articore Group's retained earnings for the quarter that ended in Dec. 2023 was A$-116.4 Mil.

Articore Group's quarterly retained earnings declined from Dec. 2022 (A$-97.1 Mil) to Jun. 2023 (A$-121.4 Mil) but then increased from Jun. 2023 (A$-121.4 Mil) to Dec. 2023 (A$-116.4 Mil).

Articore Group's annual retained earnings declined from Jun. 2021 (A$-47.3 Mil) to Jun. 2022 (A$-68.0 Mil) and declined from Jun. 2022 (A$-68.0 Mil) to Jun. 2023 (A$-121.4 Mil).

Articore Group Retained Earnings Historical Data

The historical data trend for Articore 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.

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Articore Group Retained Earnings Chart

Articore Group Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-77.47

-86.02

-47.34

-67.96

-121.37

Articore Group Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial											-44.74	-67.96	-97.08	-121.37	-116.41

Articore 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.

Articore Group (ASX:ATG) 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.

Articore Group (ASX:ATG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Articore Group Ltd (ASX:ATG) » Definitions » Retained Earnings

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RDBBF:USA WAB0:Germany

Address

697 Collins Street, Level 12, Docklands, Melbourne, VIC, AUS, 3008

Website

https://www.redbubble.com

Articore Group Ltd is an online marketplace that facilitates the sale and purchase of art and designs on a range of products between independent creatives and consumers. The name of the marketplace is Redbubble.com and TeePublic.com. The products are produced and shipped by third-party service providers (i.e. product manufacturers, printers, and shipping companies) referred to as fulfillers. The company's primary geographic markets are Australia, the United States, the United Kingdom, and the rest of the world. The majority of its revenue is derived from the United States.

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