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Arqit Quantum (Arqit Quantum) Retained Earnings : $-277.53 Mil (As of Sep. 2023)


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What is Arqit Quantum Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Arqit Quantum's retained earnings for the quarter that ended in Sep. 2023 was $-277.53 Mil.

Arqit Quantum's quarterly retained earnings declined from Sep. 2022 ($-207.14 Mil) to Mar. 2023 ($-228.98 Mil) and declined from Mar. 2023 ($-228.98 Mil) to Sep. 2023 ($-277.53 Mil).

Arqit Quantum's annual retained earnings increased from Sep. 2021 ($-272.22 Mil) to Sep. 2022 ($-207.14 Mil) but then declined from Sep. 2022 ($-207.14 Mil) to Sep. 2023 ($-277.53 Mil).


Arqit Quantum Retained Earnings Historical Data

The historical data trend for Arqit Quantum'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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Arqit Quantum Retained Earnings Chart

Arqit Quantum Annual Data
Trend Sep19 Sep20 Sep21 Sep22 Sep23
Retained Earnings
0.08 -0.49 -272.22 -207.14 -277.53

Arqit Quantum Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial -272.22 -214.17 -207.14 -228.98 -277.53

Arqit Quantum 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.


Arqit Quantum  (NAS:ARQQ) 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.


Arqit Quantum (Arqit Quantum) Business Description

Traded in Other Exchanges
N/A
Address
Nova North, 11 Bressenden Place, 7th floor, London, GBR, SW1E 5BY
Arqit Quantum Inc is a cybersecurity company that has pioneered a symmetric key agreement technology which makes the communications links of any networked device or data at rest secure against current and future forms of cyber attack - even an attack from a quantum computer. Arqit delivers its symmetric key agreement technology via its QuantumCloud. Its product, QuantumCloud, enables any device to download a lightweight software agent, which can create keys in partnership with any other device. The firm operates in one segment that is, the provision of cybersecurity services via satellite and terrestrial platforms. Key revenue comes from the UK.