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Kambi Group (LTS:0EAW) Retained Earnings : kr1,537 Mil (As of Sep. 2024)


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What is Kambi Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kambi Group's retained earnings for the quarter that ended in Sep. 2024 was kr1,537 Mil.

Kambi Group's quarterly retained earnings increased from Mar. 2024 (kr1,451 Mil) to Jun. 2024 (kr1,500 Mil) and increased from Jun. 2024 (kr1,500 Mil) to Sep. 2024 (kr1,537 Mil).

Kambi Group's annual retained earnings increased from Dec. 2021 (kr877 Mil) to Dec. 2022 (kr1,239 Mil) and increased from Dec. 2022 (kr1,239 Mil) to Dec. 2023 (kr1,398 Mil).


Kambi Group Retained Earnings Historical Data

The historical data trend for Kambi Group'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.

Kambi Group Retained Earnings Chart

Kambi Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 136.63 377.39 877.07 1,239.46 1,397.95

Kambi Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 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 1,444.62 1,397.95 1,450.88 1,499.88 1,536.67

Kambi Group 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.


Kambi Group  (LTS:0EAW) 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.


Kambi Group Business Description

Traded in Other Exchanges
Address
Avenue 77 Complex, Triq In Negozju, Zone 3, Central Business District, Birkirkara, MLT, 3010
Kambi Group PLC is a Malta-based company engaged in the provision of managed sports betting services. It is a business-to-business provider of sports betting services to licensed gaming operators. Its services encompass a broad offering from the front-end user interface through to odds compiling, customer intelligence, and risk management, built on in-house developed software. Kambi has offices in the United States, Sweden, the Philippines, Malta, Denmark, Romania, the United Kingdom, and Australia. Geographically, the majority of the revenue is generated from the Americas. The majority of revenue is from contracts with customers for sports betting services.

Kambi Group Headlines

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