Insignia Financial (ASX:IFL) Retained Earnings : A$-819 Mil (As of Dec. 2023)

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What is Insignia Financial Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Insignia Financial's retained earnings for the quarter that ended in Dec. 2023 was A$-819 Mil.

Insignia Financial's quarterly retained earnings declined from Dec. 2022 (A$-648 Mil) to Jun. 2023 (A$-710 Mil) and declined from Jun. 2023 (A$-710 Mil) to Dec. 2023 (A$-819 Mil).

Insignia Financial's annual retained earnings declined from Jun. 2021 (A$-508 Mil) to Jun. 2022 (A$-618 Mil) and declined from Jun. 2022 (A$-618 Mil) to Jun. 2023 (A$-710 Mil).

Insignia Financial Retained Earnings Historical Data

The historical data trend for Insignia Financial'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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Insignia Financial Retained Earnings Chart

Insignia Financial Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Retained Earnings

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-339.14

-313.60

-507.50

-617.50

-710.40

Insignia Financial 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															-542.80	-617.50	-648.20	-710.40	-819.30

Insignia Financial 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.

Insignia Financial (ASX:IFL) 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.

Insignia Financial (ASX:IFL) Business Description

Industry

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IOOFF:USA

Address

800 Bourke Street, Level 1, Docklands, VIC, AUS, 3008

Website

https://www.ioof.com.au

Insignia Financial (formerly IOOF) provides wealth-management advice and products via a multibranded strategy, and a vertically integrated business model. Insignia's advice business provides financial planning services to both the mass affluent and high-net-worth clients. It also owns finance dealer groups that provide compliance and other administrative services to financial planners operating under the dealer group's licence. Furthermore, Insignia offers platform products, which generates fees mainly from superannuation and non-superannuation investments accessed via its own platforms. It also derives revenue via some third-party platforms sourced from its aligned advisors. Lastly, the firm has an investment management segment.

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