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Exploits Discovery (FRA:634) Retained Earnings : €-23.23 Mil (As of Sep. 2024)


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What is Exploits Discovery Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Exploits Discovery's retained earnings for the quarter that ended in Sep. 2024 was €-23.23 Mil.

Exploits Discovery's quarterly retained earnings declined from Mar. 2024 (€-22.41 Mil) to Jun. 2024 (€-22.94 Mil) and declined from Jun. 2024 (€-22.94 Mil) to Sep. 2024 (€-23.23 Mil).

Exploits Discovery's annual retained earnings declined from Oct. 2019 (€-0.15 Mil) to Oct. 2020 (€-1.81 Mil) and declined from Oct. 2020 (€-1.81 Mil) to Oct. 2021 (€-9.16 Mil).


Exploits Discovery Retained Earnings Historical Data

The historical data trend for Exploits Discovery'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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Exploits Discovery Retained Earnings Chart

Exploits Discovery Annual Data
Trend Oct18 Oct19 Oct20 Oct21
Retained Earnings
-0.02 -0.15 -1.81 -9.16

Exploits Discovery Quarterly Data
Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Mar24 Jun24 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -17.23 -18.68 -22.41 -22.94 -23.23

Exploits Discovery 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.


Exploits Discovery  (FRA:634) 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.


Exploits Discovery Business Description

Traded in Other Exchanges
Address
52 Church Street, Suite 206, Toronto, ON, CAN, M5C 2B5
Exploits Discovery Corp is an evaluating, acquiring, and exploring mineral properties company in Canada and abroad. It mainly explores gold. The project portfolio includes Middle Ridge, True Grit, Great Bend, Mt. Peyton, Jonathan's Pond, Gazeebow, Dog Bay, Mount Peyton, and Silver Dollar. Key revenue is generated from Mt. Peyton.

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