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Expro Group Holdings NV (FRA:FK2) Retained Earnings : €-535 Mil (As of Mar. 2024)


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What is Expro Group Holdings NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Expro Group Holdings NV's retained earnings for the quarter that ended in Mar. 2024 was €-535 Mil.

Expro Group Holdings NV's quarterly retained earnings declined from Sep. 2023 (€-531 Mil) to Dec. 2023 (€-531 Mil) and declined from Dec. 2023 (€-531 Mil) to Mar. 2024 (€-535 Mil).

Expro Group Holdings NV's annual retained earnings declined from Dec. 2021 (€-474 Mil) to Dec. 2022 (€-525 Mil) and declined from Dec. 2022 (€-525 Mil) to Dec. 2023 (€-531 Mil).


Expro Group Holdings NV Retained Earnings Historical Data

The historical data trend for Expro Group Holdings NV'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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Expro Group Holdings NV Retained Earnings Chart

Expro Group Holdings NV Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -331.87 -474.03 -524.65 -531.07

Expro Group Holdings NV Quarterly Data
Dec19 Dec20 Mar21 Jun21 Sep21 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 Premium Member Only -525.02 -510.26 -531.01 -531.07 -535.27

Expro Group Holdings NV 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.


Expro Group Holdings NV  (FRA:FK2) 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.


Expro Group Holdings NV (FRA:FK2) Business Description

Traded in Other Exchanges
Address
1311 Broadfield Boulevard., Suite 400, Houston, TX, USA, 77084
Expro Group offers products and services that span the well life cycle, including well construction, well flow management, well intervention and integrity, and subsea well access. It maintains operations around the world and specializes in offshore production solutions, capabilities enhanced by the 2021 merger with Frank's International. It also provides production optimization for both onshore and offshore applications. The majority of its business relies on international and offshore markets, representing about 80% and 70% of annual revenue, respectively.

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