Ilika (LSE:IKA) Retained Earnings : £-52.67 Mil (As of Apr. 2024)

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What is Ilika Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ilika's retained earnings for the quarter that ended in Apr. 2024 was £-52.67 Mil.

Ilika's quarterly retained earnings declined from Apr. 2023 (£-48.24 Mil) to Oct. 2023 (£-50.54 Mil) and declined from Oct. 2023 (£-50.54 Mil) to Apr. 2024 (£-52.67 Mil).

Ilika's annual retained earnings declined from Apr. 2022 (£-41.39 Mil) to Apr. 2023 (£-48.24 Mil) and declined from Apr. 2023 (£-48.24 Mil) to Apr. 2024 (£-52.67 Mil).

Ilika Retained Earnings Historical Data

The historical data trend for Ilika'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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Ilika Retained Earnings Chart

Ilika Annual Data

Trend

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Apr24

Retained Earnings

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-31.58

-34.69

-41.39

-48.24

-52.67

Ilika Semi-Annual Data
	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Retained Earnings	Get a 7-Day Free Trial															-41.39	-45.25	-48.24	-50.54	-52.67

Ilika 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.

Ilika (LSE:IKA) 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.

Ilika Business Description

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ILIKF:USA IKA.GB:UK I8A:Germany

Address

Unit 10a, The Quadrangle, Abbey Park Industrial Estate, Romsey, GBR, SO51 9DL

Website

https://www.ilika.com

Ilika PLC is a pioneer in solid-state battery technology with its inventive Stereax micro batteries designed for Industrial IoT and MedTech markets. It also offers Goliath large format batteries for the electric vehicle and consumer electronics markets. Ilika works closely with its ecosystem of partners to provide customisable Stereax micro batteries that provide the specific power requirements to IoT or MedTech applications. Stereax battery technology offers compelling advantages over conventional lithium-ion batteries, including smaller footprint, high energy density, non-toxic materials, faster charging, increased cycle life, low leakage and reduced flammability. Stereax solid state batteries are also customisable in shape and form, stackable and operational at high temperatures.

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