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SysGroup (LSE:SYS) Retained Earnings : £2.04 Mil (As of Sep. 2024)


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What is SysGroup Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SysGroup's retained earnings for the quarter that ended in Sep. 2024 was £2.04 Mil.

SysGroup's quarterly retained earnings declined from Sep. 2023 (£8.17 Mil) to Mar. 2024 (£2.86 Mil) and declined from Mar. 2024 (£2.86 Mil) to Sep. 2024 (£2.04 Mil).

SysGroup's annual retained earnings declined from Mar. 2022 (£8.85 Mil) to Mar. 2023 (£8.66 Mil) and declined from Mar. 2023 (£8.66 Mil) to Mar. 2024 (£2.86 Mil).


SysGroup Retained Earnings Historical Data

The historical data trend for SysGroup'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.

SysGroup Retained Earnings Chart

SysGroup Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.16 8.40 8.85 8.66 2.86

SysGroup Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 8.74 8.66 8.17 2.86 2.04

SysGroup 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.


SysGroup  (LSE:SYS) 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.


SysGroup Business Description

Traded in Other Exchanges
Address
55 Spring Gardens, Manchester, GBR, M2 2BY
SysGroup PLC provides Cloud Hosting, Managed Services, and IT consultancy to medium and large enterprises. The company's operating segment includes Managed IT Services and Value Added Resale (VAR). It generates maximum revenue from the Managed IT Services segment. Managed IT Services segment provides managed services to customers as well as professional services. The value-added resale (VAR) segment provides all forms of VAR sales where the business sells products and licenses from supplier partners. Geographically, it derives the majority of its revenue from the UK and has a presence in the Rest of the World. The company's brand includes Netplan; System Professional and Rockford.

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