The Lottery (ASX:TLC) Retained Earnings : A$688 Mil (As of Dec. 2024)

View and export this data going back to 2022. Start your Free Trial

What is The Lottery Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Lottery's retained earnings for the quarter that ended in Dec. 2024 was A$688 Mil.

The Lottery's quarterly retained earnings increased from Dec. 2023 (A$728 Mil) to Jun. 2024 (A$746 Mil) but then declined from Jun. 2024 (A$746 Mil) to Dec. 2024 (A$688 Mil).

The Lottery's annual retained earnings increased from Jun. 2022 (A$580 Mil) to Jun. 2023 (A$644 Mil) and increased from Jun. 2023 (A$644 Mil) to Jun. 2024 (A$746 Mil).

The Lottery Retained Earnings Historical Data

The historical data trend for The Lottery'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.

The Lottery Retained Earnings Chart

The Lottery Annual Data

Trend

Jun22

Jun23

Jun24

Retained Earnings

579.50

644.30

746.00

The Lottery Semi-Annual Data
	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial			752.40	644.30	728.20	746.00	688.00

The Lottery 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.

The Lottery (ASX:TLC) 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.

The Lottery Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » The Lottery Corp Ltd (ASX:TLC) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

LTRCF:USA

Address

180 Ann Street, Level 8, Brisbane, QLD, AUS, 4000

Website

https://www.thelotterycorporation.com

The Lottery Corp is Australia's largest provider of lottery, Keno and instant scratch products, with long-dated and/or exclusive licences for lottery in all Australian states and territories except Western Australia, and in most states and territories for Keno. The Lottery Corp has a distribution network of over 3,800 franchised retailers selling instant scratch and lottery products through vendors such as newsagents, service stations, pharmacies, and convenience stores, in addition to online sales. Keno is sold in over 3,400 pubs and clubs.