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SharpLink Gaming (FRA:771) Retained Earnings : €-69.51 Mil (As of Mar. 2024)


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What is SharpLink Gaming Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SharpLink Gaming's retained earnings for the quarter that ended in Mar. 2024 was €-69.51 Mil.

SharpLink Gaming's quarterly retained earnings declined from Sep. 2023 (€-77.52 Mil) to Dec. 2023 (€-80.57 Mil) but then increased from Dec. 2023 (€-80.57 Mil) to Mar. 2024 (€-69.51 Mil).

SharpLink Gaming's annual retained earnings declined from Dec. 2021 (€-51.62 Mil) to Dec. 2022 (€-69.45 Mil) and declined from Dec. 2022 (€-69.45 Mil) to Dec. 2023 (€-80.57 Mil).


SharpLink Gaming Retained Earnings Historical Data

The historical data trend for SharpLink Gaming'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.

SharpLink Gaming Retained Earnings Chart

SharpLink Gaming Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -2.21 -51.62 -69.45 -80.57

SharpLink Gaming Quarterly Data
Dec19 Jun20 Dec20 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only -71.35 -73.73 -77.52 -80.57 -69.51

SharpLink Gaming 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.


SharpLink Gaming  (FRA:771) 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.


SharpLink Gaming (FRA:771) Business Description

Traded in Other Exchanges
Address
333 Washington Avenue North, Suite 104, Minneapolis, MN, USA, 55401
SharpLink Gaming Ltd is a online technology company that connects sports fans, leagues and sports websites to relevant and timely sports betting content. The Company has four operating segments: Affiliate Marketing Services-United States, Sports Gaming Client Services, Enterprise Telecom Expense Management (TEM) and Affiliate Marketing Services-International. Most of the revenue earned is from United states.

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