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MultiChoice Group (FRA:30R0) Retained Earnings : €721 Mil (As of Sep. 2024)


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What is MultiChoice Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MultiChoice Group's retained earnings for the quarter that ended in Sep. 2024 was €721 Mil.

MultiChoice Group's quarterly retained earnings declined from Sep. 2023 (€867 Mil) to Mar. 2024 (€789 Mil) and declined from Mar. 2024 (€789 Mil) to Sep. 2024 (€721 Mil).

MultiChoice Group's annual retained earnings declined from Mar. 2022 (€1,498 Mil) to Mar. 2023 (€966 Mil) and declined from Mar. 2023 (€966 Mil) to Mar. 2024 (€789 Mil).


MultiChoice Group Retained Earnings Historical Data

The historical data trend for MultiChoice Group'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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MultiChoice Group Retained Earnings Chart

MultiChoice Group Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial 1,373.88 1,430.77 1,497.55 965.54 788.75

MultiChoice Group Semi-Annual Data
Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 1,260.50 965.54 866.96 788.75 721.22

MultiChoice Group 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.


MultiChoice Group  (FRA:30R0) 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.


MultiChoice Group Business Description

Traded in Other Exchanges
Address
144 Bram Fischer Drive, MultiChoice City, Randburg, Johannesburg, GT, ZAF, 2194
MultiChoice Group Ltd is an entertainment company providing video entertainment and related consumer services includes sports betting, fintech, insurance and internet to the African Markets. It provides its content through linear video broadcast service (DTH and DTT) and streaming (OTT) platforms. The entertainment platforms of the company include DStv, GOtv, Showmax, M-Net and SuperSport. Its geographical segment includes South Africa; the Rest of Africa as well as the Technology and Showmax (OTT) segments. The company derives a majority of its revenue from South Africa.

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