GURUFOCUS.COM » STOCK LIST » Technology » Software » NowVertical Group Inc (FRA:5XQ) » Definitions » Retained Earnings

NowVertical Group (FRA:5XQ) Retained Earnings : €-30.21 Mil (As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is NowVertical Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NowVertical Group's retained earnings for the quarter that ended in Mar. 2024 was €-30.21 Mil.

NowVertical Group's quarterly retained earnings declined from Jun. 2023 (€-26.24 Mil) to Dec. 2023 (€-28.72 Mil) and declined from Dec. 2023 (€-28.72 Mil) to Mar. 2024 (€-30.21 Mil).

NowVertical Group's annual retained earnings declined from Dec. 2021 (€-14.02 Mil) to Dec. 2022 (€-23.97 Mil) and declined from Dec. 2022 (€-23.97 Mil) to Dec. 2023 (€-28.72 Mil).


NowVertical Group Retained Earnings Historical Data

The historical data trend for NowVertical 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.

* Premium members only.

NowVertical Group Retained Earnings Chart

NowVertical Group Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-1.63 -14.02 -23.97 -28.72

NowVertical Group Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -23.97 -25.27 -26.24 -28.72 -30.21

NowVertical 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.


NowVertical Group  (FRA:5XQ) 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.


NowVertical Group (FRA:5XQ) Business Description

Traded in Other Exchanges
Address
7750 Okeechobee boulevard, Suite 4-2024, West Palm Beach, FL, USA, 33411
NowVertical Group Inc is a company specializing in accretive data analytics software and services. It is a global data software and services company that helps businesses by helping its clients understand, manage and utilize their data. It has the following operating segments: Technology and Solutions. The company earns the majority of the revenue from the Solutions segment.

NowVertical Group (FRA:5XQ) Headlines

No Headlines