StreaksAI (LSE:STK) Retained Earnings : £-5.91 Mil (As of Aug. 2024)

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What is StreaksAI Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. StreaksAI's retained earnings for the quarter that ended in Aug. 2024 was £-5.91 Mil.

StreaksAI's quarterly retained earnings declined from Aug. 2023 (£-4.88 Mil) to Feb. 2024 (£-5.53 Mil) and declined from Feb. 2024 (£-5.53 Mil) to Aug. 2024 (£-5.91 Mil).

StreaksAI's annual retained earnings declined from Feb. 2022 (£-0.60 Mil) to Feb. 2023 (£-3.95 Mil) and declined from Feb. 2023 (£-3.95 Mil) to Feb. 2024 (£-5.53 Mil).

StreaksAI Retained Earnings Historical Data

The historical data trend for StreaksAI'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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StreaksAI Retained Earnings Chart

StreaksAI Annual Data

Trend

Feb22

Feb23

Feb24

Retained Earnings

-0.60

-3.95

-5.53

StreaksAI Semi-Annual Data
	Feb22	Aug22	Feb23	Aug23	Feb24	Aug24
Retained Earnings	Get a 7-Day Free Trial			-	-3.95	-4.88	-5.53	-5.91

StreaksAI 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.

StreaksAI (LSE:STK) 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.

StreaksAI Business Description

Industry

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NM1:Germany

Address

16 Great Queen Street, 9th Floor, London, GBR, WC2B 5DG

Website

https://www.streaks.ai

StreaksAI PLC is a provider of AI-based conversational technologies. The company offers products in the gaming and conversational AI space. Its product Streaks Social allows users to use and customise chatbots for their own experiences. It is free to use in a limited way and greater functionality is available at a subscription. The company is also developing products that are suited to the music management, sports management, and celebrity sectors which aid fan interaction and engagement.