GSTechnologies (LSE:GST) Retained Earnings : £-2.70 Mil (As of Sep. 2023)

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What is GSTechnologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GSTechnologies's retained earnings for the quarter that ended in Sep. 2023 was £-2.70 Mil.

GSTechnologies's quarterly retained earnings declined from Sep. 2022 (£-1.88 Mil) to Mar. 2023 (£-2.14 Mil) and declined from Mar. 2023 (£-2.14 Mil) to Sep. 2023 (£-2.70 Mil).

GSTechnologies's annual retained earnings declined from Mar. 2021 (£0.33 Mil) to Mar. 2022 (£-0.74 Mil) and declined from Mar. 2022 (£-0.74 Mil) to Mar. 2023 (£-2.14 Mil).

GSTechnologies Retained Earnings Historical Data

The historical data trend for GSTechnologies'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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GSTechnologies Retained Earnings Chart

GSTechnologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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0.93

0.77

0.33

-0.74

-2.14

GSTechnologies Semi-Annual Data
	Jun13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															-0.46	-0.74	-1.88	-2.14	-2.70

GSTechnologies 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.

GSTechnologies (LSE:GST) 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.

GSTechnologies (LSE:GST) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » GSTechnologies Ltd (LSE:GST) » Definitions » Retained Earnings

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6Y3:Germany

Address

Level 11, 125th Street Georges Terrace, Perth, WA, AUS, 6000

Website

https://www.gstechnologies.co.uk

GSTechnologies Ltd is a technology company engaged in providing data infrastructure, storage, and technology services. The service offerings of the company include Cabling, IT Network, Wireless, Data Centers, Security, Smart Automation and Monitoring among others. The entity operates in one business segment, being information data technology and infrastructure.

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