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Alta Global Group (Alta Global Group) Retained Earnings : $-25.75 Mil (As of Jun. 2023)


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What is Alta Global Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alta Global Group's retained earnings for the quarter that ended in Jun. 2023 was $-25.75 Mil.

Alta Global Group's quarterly retained earnings increased from . 20 ($0.00 Mil) to Jun. 2022 ($-12.49 Mil) but then declined from Jun. 2022 ($-12.49 Mil) to Jun. 2023 ($-25.75 Mil).

Alta Global Group's annual retained earnings increased from . 20 ($0.00 Mil) to Jun. 2022 ($-12.49 Mil) but then declined from Jun. 2022 ($-12.49 Mil) to Jun. 2023 ($-25.75 Mil).


Alta Global Group Retained Earnings Historical Data

The historical data trend for Alta Global 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.

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Alta Global Group Retained Earnings Chart

Alta Global Group Annual Data
Trend Jun22 Jun23
Retained Earnings
-12.49 -25.75

Alta Global Group Semi-Annual Data
Jun22 Jun23
Retained Earnings -12.49 -25.75

Alta Global 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.


Alta Global Group  (AMEX:MMA) 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.


Alta Global Group (Alta Global Group) Business Description

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Address
Level 1, 29-33, Suite 1, The Corso, Manly, Sydney, NSW, AUS, 2095
Alta Global Group Ltd is a technology company that is enabling the global martial arts and combat sports industry to maximize the monetization opportunities available to the sector by increasing consumer participation in the sport and building upon existing community offerings within the sector. The Alta Platform serves as a comprehensive solution for martial arts and combat sports, offering a blend of four core products: the Warrior Training Program, UFC Fight Fit Program, Alta Academy, and the Alta Community.

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