GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ME Group International PLC (LSE:MEGP) » Definitions » Retained Earnings

ME Group International (LSE:MEGP) Retained Earnings : £147.4 Mil (As of Apr. 2024)


View and export this data going back to 1962. Start your Free Trial

What is ME Group International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ME Group International's retained earnings for the quarter that ended in Apr. 2024 was £147.4 Mil.

ME Group International's quarterly retained earnings increased from Apr. 2023 (£119.5 Mil) to Oct. 2023 (£136.0 Mil) and increased from Oct. 2023 (£136.0 Mil) to Apr. 2024 (£147.4 Mil).

ME Group International's annual retained earnings increased from Oct. 2021 (£106.1 Mil) to Oct. 2022 (£109.0 Mil) and increased from Oct. 2022 (£109.0 Mil) to Oct. 2023 (£136.0 Mil).


ME Group International Retained Earnings Historical Data

The historical data trend for ME Group International'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.

ME Group International Retained Earnings Chart

ME Group International Annual Data
Trend Apr13 Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 117.81 117.13 106.05 108.97 136.03

ME Group International Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 Premium Member Only Premium Member Only Premium Member Only 121.21 108.97 119.53 136.03 147.45

ME Group International 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.


ME Group International  (LSE:MEGP) 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.


ME Group International Business Description

Traded in Other Exchanges
Address
Blenheim Road, Unit 3B, Epsom, London, Surrey, GBR, KT19 9AP
ME Group International PLC operates, sells and services a wide range of instant-service vending equipment, aimed at the consumer market. The group operates vending units across 20 countries and its technological innovation is focused on four principal areas namely Photobooths and integrated biometric identification solutions; Unattended laundry services and launderettes; High-quality digital printigg kiosks and Vending equipment for the food service market. Geographically, the company reports its segments and operates in UK & Republic of Ireland, Asia Pacific and Continental Europe, which is the majority revenue generator.

ME Group International Headlines

No Headlines