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Multiply Group PJSC (ADX:MULTIPLY) Retained Earnings : د.إ17,605 Mil (As of Dec. 2024)


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What is Multiply Group PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Multiply Group PJSC's retained earnings for the quarter that ended in Dec. 2024 was د.إ17,605 Mil.

Multiply Group PJSC's quarterly retained earnings increased from Jun. 2024 (د.إ14,258 Mil) to Sep. 2024 (د.إ14,947 Mil) and increased from Sep. 2024 (د.إ14,947 Mil) to Dec. 2024 (د.إ17,605 Mil).

Multiply Group PJSC's annual retained earnings increased from Dec. 2022 (د.إ17,267 Mil) to Dec. 2023 (د.إ17,610 Mil) but then declined from Dec. 2023 (د.إ17,610 Mil) to Dec. 2024 (د.إ17,605 Mil).


Multiply Group PJSC Retained Earnings Historical Data

The historical data trend for Multiply Group PJSC'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.

* Premium members only.

Multiply Group PJSC Retained Earnings Chart

Multiply Group PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 56.33 251.51 17,266.69 17,610.17 17,604.85

Multiply Group PJSC Quarterly Data
Dec18 Dec19 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 17,610.17 13,323.28 14,257.88 14,946.60 17,604.85

Multiply Group PJSC 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.


Multiply Group PJSC  (ADX:MULTIPLY) 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.


Multiply Group PJSC Business Description

Traded in Other Exchanges
N/A
Address
P.O Box 34491, Abu Dhabi, ARE
Multiply Group PJSC is an investment holding company focused on transformative cash-generating businesses. Its operating segments are: Communications segment, which drives the majority of revenue with advertisement design, production, and commercial publication printing; the Utilities include the installation and repair of district cooling and air conditioning, and investment in infrastructure projects; Driving training provides motor vehicle driving courses; Wellness includes health, wholesale cosmetics and make-up trading, women personal care, and other grooming-related services; and the Asset management segment involves financial investments and related financing activities. Geographically, the group generates maximum revenue from the United Arab Emirates, followed by Saudi Arabia.

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