Itim Group (FRA:32I) Retained Earnings : €0.92 Mil (As of Jun. 2024)

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What is Itim Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Itim Group's retained earnings for the quarter that ended in Jun. 2024 was €0.92 Mil.

Itim Group's quarterly retained earnings increased from Jun. 2023 (€0.95 Mil) to Dec. 2023 (€1.00 Mil) but then declined from Dec. 2023 (€1.00 Mil) to Jun. 2024 (€0.92 Mil).

Itim Group's annual retained earnings declined from Dec. 2021 (€2.87 Mil) to Dec. 2022 (€2.01 Mil) and declined from Dec. 2022 (€2.01 Mil) to Dec. 2023 (€1.00 Mil).

Itim Group Retained Earnings Historical Data

The historical data trend for Itim 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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Itim Group Retained Earnings Chart

Itim Group Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-10.90

-9.15

2.87

2.01

1.00

Itim Group Semi-Annual Data
	Dec18	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial						2.40	2.01	0.95	1.00	0.92

Itim 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.

Itim Group (FRA:32I) 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.

Itim Group Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Itim Group PLC (FRA:32I) » Definitions » Retained Earnings

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ITIM:UK

Address

173 Victoria Street, 2nd Floor, Atlas House, London, GBR, SW1E 5NH

Website

https://www.itim.com

Itim Group PLC is engaged in providing software solutions to retailers by helping them to optimize their business and their stores to improve financial performance. It offers a complete set of retail software solutions including Multi-Channel Sales & Services, Enterprise Order Management, Price & Stock Optimization, and Supplier Management. The company operates in the United Kingdom, Europe, and other countries, with a majority of its revenue being derived from the United Kingdom.

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