Phoenix Group (ADX:PHX) Retained Earnings : د.إ818 Mil (As of Mar. 2025)

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What is Phoenix Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Phoenix Group's retained earnings for the quarter that ended in Mar. 2025 was د.إ818 Mil.

Phoenix Group's quarterly retained earnings increased from Sep. 2024 (د.إ1,123 Mil) to Dec. 2024 (د.إ1,333 Mil) but then declined from Dec. 2024 (د.إ1,333 Mil) to Mar. 2025 (د.إ818 Mil).

Phoenix Group's annual retained earnings increased from Dec. 2022 (د.إ302 Mil) to Dec. 2023 (د.إ503 Mil) and increased from Dec. 2023 (د.إ503 Mil) to Dec. 2024 (د.إ1,333 Mil).

Phoenix Group Retained Earnings Historical Data

The historical data trend for Phoenix 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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Phoenix Group Retained Earnings Chart

Phoenix Group Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Retained Earnings

171.13

301.86

503.25

1,332.94

Phoenix Group Quarterly Data
	Dec21	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24	Mar25
Retained Earnings	Get a 7-Day Free Trial						746.22	951.52	1,122.92	1,332.94	818.02

Phoenix 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.

Phoenix Group (ADX:PHX) 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.

Phoenix Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Phoenix Group PLC (ADX:PHX) » Definitions » Retained Earnings

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Address

No. 3412. ResCo-Work 10, 34 Floor, Al Maqam Tower, ADGM Square, Al Maryah Island, Abu Dhabi, ARE

Website

https://www.phoenixgroupuae.com

Phoenix Group PLC is a technology conglomerate bringing blockchain solutions to an expansive market. The Group develops, operates, and manages specialized data centres, hosting class performance computing power for digital asset across the UAE, Oman, U.S. and Canada. Additionally, it also hosts, operates and maintains equipment within its existing data centres and enables investment opportunities within cloud mining. The Group is the exclusive distributor of equipment manufacturer MicroBT and prominent distributor of Digital wallet Ledgers and CoolWallets, across the Middle East. The Group has four business verticals including trading, hosting, mining and investments.