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Alithya Group (Alithya Group) Retained Earnings : $-119.2 Mil (As of Dec. 2023)


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What is Alithya Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alithya Group's retained earnings for the quarter that ended in Dec. 2023 was $-119.2 Mil.

Alithya Group's quarterly retained earnings declined from Jun. 2023 ($-111.9 Mil) to Sep. 2023 ($-116.6 Mil) and declined from Sep. 2023 ($-116.6 Mil) to Dec. 2023 ($-119.2 Mil).

Alithya Group's annual retained earnings declined from Mar. 2021 ($-76.5 Mil) to Mar. 2022 ($-88.2 Mil) and declined from Mar. 2022 ($-88.2 Mil) to Mar. 2023 ($-103.4 Mil).


Alithya Group Retained Earnings Historical Data

The historical data trend for Alithya 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.

* Premium members only.

Alithya Group Retained Earnings Chart

Alithya Group Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -29.25 -56.43 -76.53 -88.19 -103.40

Alithya Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only -89.44 -103.40 -111.88 -116.58 -119.18

Alithya 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.


Alithya Group  (OTCPK:ALYAF) 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.


Alithya Group (Alithya Group) Business Description

Traded in Other Exchanges
Address
1100 Robert-Bourassa Boulevard, Suite 400, Montreal, QC, CAN, H3B 3A5
Alithya Group Inc is a leader in Strategy and digital transformation, with professionals in Canada, us, and Europe. Its integrated offering is laid out as follows: Strategy, custom solutions, Microsoft solutions, and Oracle solutions. Clients entrust the company with their strategic projects across Banking, Investment and Insurance, Energy, Manufacturing, Retail and Distribution, Telecommunications, Transportation, Professional Services, Healthcare, and Government sectors. Geographically, it derives a majority of its revenue from Canada. The company's services include digital transformation, enterprise technology, solution development, project management, infrastructure management, and others.

Alithya Group (Alithya Group) Headlines

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