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FLTCF (Filtronic) Retained Earnings : $0.31 Mil (As of Nov. 2024)


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What is Filtronic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Filtronic's retained earnings for the quarter that ended in Nov. 2024 was $0.31 Mil.

Filtronic's quarterly retained earnings increased from Nov. 2023 ($-12.91 Mil) to May. 2024 ($-8.44 Mil) and increased from May. 2024 ($-8.44 Mil) to Nov. 2024 ($0.31 Mil).

Filtronic's annual retained earnings increased from May. 2022 ($-12.86 Mil) to May. 2023 ($-12.31 Mil) and increased from May. 2023 ($-12.31 Mil) to May. 2024 ($-8.44 Mil).


Filtronic Retained Earnings Historical Data

The historical data trend for Filtronic'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.

Filtronic Retained Earnings Chart

Filtronic Annual Data
Trend May15 May16 May17 May18 May19 May20 May21 May22 May23 May24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -14.62 -16.66 -12.86 -12.31 -8.44

Filtronic Semi-Annual Data
May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24
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 -11.57 -12.31 -12.91 -8.44 0.31

Filtronic 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.


Filtronic  (OTCPK:FLTCF) 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.


Filtronic Business Description

Traded in Other Exchanges
Address
Thomas Wright Way, Plexus 1, NETPark, Sedgefield, Durham, GBR, TS21 3FD
Filtronic PLC designs and manufactures a broad range of customized RF, microwave, and millimeter-wave components and subsystems. Its products are used in mobile wireless communication equipment, point-to-point communication systems, and adjacent defense sectors. Its customer base includes international original equipment manufacturers as well as a wide range of mobile phone network operators. It has operations in the United Kingdom, Europe, Americas, and the Rest of the world.

Filtronic Headlines

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