Pristine Capital (LSE:PRIS) Retained Earnings : £-1.54 Mil (As of Apr. 2024)

View and export this data going back to 2022. Start your Free Trial

What is Pristine Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Pristine Capital's retained earnings for the quarter that ended in Apr. 2024 was £-1.54 Mil.

Pristine Capital's quarterly retained earnings declined from Apr. 2023 (£-0.47 Mil) to Oct. 2023 (£-1.40 Mil) and declined from Oct. 2023 (£-1.40 Mil) to Apr. 2024 (£-1.54 Mil).

Pristine Capital's annual retained earnings stayed the same from . 20 (£0.00 Mil) to Sep. 2021 (£0.00 Mil) but then declined from Sep. 2021 (£0.00 Mil) to Oct. 2023 (£-1.40 Mil).

Pristine Capital Retained Earnings Historical Data

The historical data trend for Pristine Capital'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.

Pristine Capital Retained Earnings Chart

Pristine Capital Annual Data

Trend

Sep21

Oct23

Oct24

Retained Earnings

-1.40

-1.68

Pristine Capital Semi-Annual Data
	Apr23	Oct23	Apr24	Oct24
Retained Earnings	-0.47	-1.40	-1.54	-1.68

Pristine Capital 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.

Pristine Capital (LSE:PRIS) 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.

Pristine Capital Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Pristine Capital PLC (LSE:PRIS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

42 Upper Berkeley Street, Meridien House, London, GBR, W1H 5QL

Website

https://www.pristinecapitalplc.com

Pristine Capital PLC is a shell company formed to identify and acquire a suitable business opportunity or opportunities and undertake an acquisition or merger or a series of acquisitions or mergers.

Pristine Capital Headlines

No Headlines