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InteliCare Holdings (ASX:ICR) Retained Earnings : A$-15.22 Mil (As of Dec. 2023)


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What is InteliCare Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. InteliCare Holdings's retained earnings for the quarter that ended in Dec. 2023 was A$-15.22 Mil.

InteliCare Holdings's quarterly retained earnings declined from Dec. 2022 (A$-13.79 Mil) to Jun. 2023 (A$-14.56 Mil) and declined from Jun. 2023 (A$-14.56 Mil) to Dec. 2023 (A$-15.22 Mil).

InteliCare Holdings's annual retained earnings declined from Jun. 2021 (A$-7.63 Mil) to Jun. 2022 (A$-11.56 Mil) and declined from Jun. 2022 (A$-11.56 Mil) to Jun. 2023 (A$-14.56 Mil).


InteliCare Holdings Retained Earnings Historical Data

The historical data trend for InteliCare Holdings'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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InteliCare Holdings Retained Earnings Chart

InteliCare Holdings Annual Data
Trend Jun20 Jun21 Jun22 Jun23
Retained Earnings
-3.26 -7.63 -11.56 -14.56

InteliCare Holdings Semi-Annual Data
Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -9.32 -11.56 -13.79 -14.56 -15.22

InteliCare Holdings 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.


InteliCare Holdings  (ASX:ICR) 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.


InteliCare Holdings (ASX:ICR) Business Description

Traded in Other Exchanges
N/A
Address
299 Vincent Street, Level 1, Leederville, Perth, WA, AUS, 6007
InteliCare Holdings Ltd is an Australian firm engaged in healthcare solutions through hardware, software service packaging which supports aging or disabled persons. Its platform provides families and caregivers with a real-time view of the well-being of people in an independent living environment. Business software uses discreet sensors that are placed around the home, in doorways and on key appliances, designed to gather information on movement, activity levels, temperature and more, to relay information about behaviour such as sleeping patterns, social outings, meal preparation, any potential health issues etc. The product portfolio includes InteliCare Hub, Smart sensors, Downloadable Applications, and Optional Duress Pendants. Substantial revenue comes from hardware sales.

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