Tiny (FRA:B40) Retained Earnings: €-66.0 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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FRA:B40 Tiny Ltd FRA:B40
51 GF Score
Price €3.82
GF Value €5.29
Valuation Modestly Undervalued
! 5 Warning Signs
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What is Tiny Retained Earnings?

Tiny FRA:B40 -1.04% 51 Retained Earnings is €-66.0 Mil as of Mar. 2026. GuruFocus rates FRA:B40 with a GF Score™ of 51/100 and a GF Value™ of €5.29 (Modestly Undervalued). The stock has 5 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tiny's retained earnings for the quarter that ended in Mar. 2026 was €-66.0 Mil.

Tiny's quarterly retained earnings declined from Sep. 2025 (€-32.6 Mil) to Dec. 2025 (€-58.0 Mil) and declined from Dec. 2025 (€-58.0 Mil) to Mar. 2026 (€-66.0 Mil).

Tiny's annual retained earnings declined from Dec. 2023 (€-7.7 Mil) to Dec. 2024 (€-40.1 Mil) and declined from Dec. 2024 (€-40.1 Mil) to Dec. 2025 (€-58.0 Mil).


Tiny  (FRA:B40) 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.


Tiny Retained Earnings Historical Data

* Premium members only.

The historical data trend for Tiny'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.

Tiny Retained Earnings Chart

Tiny Annual Data
Trend Dec22 Dec23 Dec24 Dec25
Retained Earnings
-16.56 -7.65 -40.13 -58.04

Tiny Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 -41.10 -33.67 -32.61 -58.04 -65.96
FRA:B40
51GF Score
Tiny Ltd FRA:B40
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Tiny 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of €-66.0 Mil mean?
Tiny (FRA:B40) has a Retained Earnings of €-66.0 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tiny and its competitors.
Is Tiny's Retained Earnings too high?
Tiny's current Retained Earnings is €-66.0 Mil. Overall, Tiny has a GF Score™ of 51/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tiny's Retained Earnings compare to BLK and BX?
Tiny's Retained Earnings of €-66.0 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Tiny and its competitors. Tiny's current Retained Earnings is €-66.0 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tiny stock overvalued right now?
Based on GuruFocus' analysis, Tiny (FRA:B40) is currently considered Modestly Undervalued. The stock's GF Value™ is €5.29, compared to a current price of €3.82 — trading 27.8% below its estimated fair value. The current Retained Earnings is €-66.0 Mil. Tiny's overall GF Score™ is 51/100 with 5 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Tiny (FRA:B40), the current Retained Earnings is €-66.0 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Tiny (FRA:B40) Overvalued in 2026?

Based on GuruFocus' analysis, Tiny stock appears to be undervalued. The current stock price of €3.82 is trading 27.8% below its estimated GF Value™ of €5.29. GuruFocus considers Tiny to be Modestly Undervalued.

Key valuation signals for FRA:B40:

  • Retained Earnings: €-66.0 Mil
  • GF Value™: €5.29 vs. price of €3.82 (27.8% below fair value)
  • GF Score™: 51/100 with 5 warning signs

No single metric tells the full story. See the FRA:B40 stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Tiny Business Description

Other Exchanges TNYZF:USATINY:Canada
Address 510 West Georgia Street, Suite 1800, Vancouver, BC, CAN, V6B 0M3
Tiny Ltd operates as a technology holding company that acquires majority stakes in businesses. Its investments are predominantly internet and technology-focused, but it also owns businesses in other industries. The company's reportable segments are: Digital Services, Creative Platform, Software, and Apps. Geographically, it generates key revenue from the United States, followed by Europe, Asia, Canada, Australasia, and other regions.
51GF Score

Get the complete analysis for FRA:B40

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€3.82
Price
€5.29
GF Value