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Catapult Group International (ASX:CAT) Retained Earnings : A$-199.8 Mil (As of Sep. 2023)


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What is Catapult Group International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Catapult Group International's retained earnings for the quarter that ended in Sep. 2023 was A$-199.8 Mil.

Catapult Group International's quarterly retained earnings declined from Sep. 2022 (A$-166.6 Mil) to Mar. 2023 (A$-179.8 Mil) and declined from Mar. 2023 (A$-179.8 Mil) to Sep. 2023 (A$-199.8 Mil).

Catapult Group International's annual retained earnings declined from Jun. 2020 (A$-62.3 Mil) to Mar. 2022 (A$-120.0 Mil) and declined from Mar. 2022 (A$-120.0 Mil) to Mar. 2023 (A$-179.8 Mil).


Catapult Group International Retained Earnings Historical Data

The historical data trend for Catapult Group International'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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Catapult Group International Retained Earnings Chart

Catapult Group International Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -41.77 -55.38 -62.31 -120.04 -179.75

Catapult Group International Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Sep21 Mar22 Sep22 Mar23 Sep23
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 -91.96 -120.04 -166.64 -179.75 -199.77

Catapult Group International 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.


Catapult Group International  (ASX:CAT) 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.


Catapult Group International (ASX:CAT) Business Description

Traded in Other Exchanges
Address
75 High Street, Prahran, VIC, AUS, 3181
Catapult Group International Ltd is a leading global sports data and analytics company that provides elite sporting teams and athletes with detailed, real-time data and analytics to optimize athlete performance, avoid injury, and improve return to play. Catapult's products and solutions are used by more than 4,000 sports teams and athletes, across more than 40 sports and 100 countries worldwide.

Catapult Group International (ASX:CAT) Headlines