Swvl Holdings (Swvl Holdings) Retained Earnings : $-330.49 Mil (As of Jun. 2023)

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What is Swvl Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Swvl Holdings's retained earnings for the quarter that ended in Jun. 2023 was $-330.49 Mil.

Swvl Holdings's quarterly retained earnings declined from Sep. 2022 ($-328.51 Mil) to Dec. 2022 ($-332.56 Mil) but then increased from Dec. 2022 ($-332.56 Mil) to Jun. 2023 ($-330.49 Mil).

Swvl Holdings's annual retained earnings declined from Dec. 2020 ($-74.65 Mil) to Dec. 2021 ($-216.07 Mil) and declined from Dec. 2021 ($-216.07 Mil) to Dec. 2022 ($-332.56 Mil).

Swvl Holdings Retained Earnings Historical Data

The historical data trend for Swvl Holdings'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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Swvl Holdings Retained Earnings Chart

Swvl Holdings Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

-9.67

-44.93

-74.65

-216.07

-332.56

Swvl Holdings Quarterly Data
	Dec19	Jun20	Dec20	Jun21	Sep21	Dec21	Jun22	Sep22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial					-216.07	-375.81	-328.51	-332.56	-330.49

Swvl Holdings 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.

Swvl Holdings (NAS:SWVL) 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.

Swvl Holdings (Swvl Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Swvl Holdings Corp (NAS:SWVL) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

The Offices 4, One Central, Dubai World Trade Centre, Dubai, ARE

Website

https://www.swvl.com

Swvl Holdings Corp is a technology-driven mobility company that aims to provide reliable, safe, cost-effective and environmentally responsible mass transit solutions. Its technology and services provide commuters, travelers and businesses with an alternative to traditional public transportation, taxi companies or other ridesharing companies. The company's core product is B2C Swvl Retail offering, which provides riders with a network of minibuses and other vehicles running on fixed or semi-fixed routes within cities. Commuters use its Swvl mobile application to book rides between pre-defined pick-up points located throughout the city.