VNE SpA (MIL:VNE) Retained Earnings : €-1.08 Mil (As of Dec. 2023)

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What is VNE SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VNE SpA's retained earnings for the quarter that ended in Dec. 2023 was €-1.08 Mil.

VNE SpA's quarterly retained earnings increased from Dec. 2021 (€0.02 Mil) to Dec. 2022 (€0.05 Mil) but then declined from Dec. 2022 (€0.05 Mil) to Dec. 2023 (€-1.08 Mil).

VNE SpA's annual retained earnings increased from Dec. 2021 (€0.02 Mil) to Dec. 2022 (€0.05 Mil) but then declined from Dec. 2022 (€0.05 Mil) to Dec. 2023 (€-1.08 Mil).

VNE SpA Retained Earnings Historical Data

The historical data trend for VNE SpA'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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VNE SpA Retained Earnings Chart

VNE SpA Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

0.02

0.05

-1.08

VNE SpA Semi-Annual Data
	Dec21	Dec22	Dec23
Retained Earnings	0.02	0.05	-1.08

VNE SpA 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.

VNE SpA (MIL:VNE) 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.

VNE SpA (MIL:VNE) Business Description

Industry

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Address

Via Biagioni, 371 loc. Querceta, Seravezza (Lu), ITA, 55047

Website

https://www.vne.it

VNE SpA produces hardware and software for the management of banknotes, coins and more generally payments and transactions through cash and cashless systems, offering a wide range of customized products and boasting a production of over 7,000 machines a year. It creates, samples and produces all its appliances internally. The company offers consulting and commercial assistance all over the world through a stable and efficient operating network; moreover, it guarantees qualified and immediate maintenance and technical assistance anywhere on every type of machine. The main markets where the company operates internationally are gambling, retail & vending, casino & ticket and wherever there is a need to manage payments or automated transactions.