NEXPF (Nexi SpA) Retained Earnings : $-35 Mil (As of Jun. 2024)

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What is Nexi SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nexi SpA's retained earnings for the quarter that ended in Jun. 2024 was $-35 Mil.

Nexi SpA's quarterly retained earnings declined from Jun. 2023 ($35 Mil) to Dec. 2023 ($-1,097 Mil) but then increased from Dec. 2023 ($-1,097 Mil) to Jun. 2024 ($-35 Mil).

Nexi SpA's annual retained earnings increased from Dec. 2021 ($43 Mil) to Dec. 2022 ($147 Mil) but then declined from Dec. 2022 ($147 Mil) to Dec. 2023 ($-1,097 Mil).

Nexi SpA Retained Earnings Historical Data

The historical data trend for Nexi 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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Nexi SpA Retained Earnings Chart

Nexi SpA Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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150.18

155.63

42.63

147.24

-1,097.04

Nexi SpA Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24
Retained Earnings	Get a 7-Day Free Trial										94.22	147.24	35.17	-1,097.04	-35.09

Nexi 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.

Nexi SpA (OTCPK:NEXPF) 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.

Nexi SpA Business Description

Industry

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NEXXY:USA NEXI:Italy 0NX5:UK NEXIm:UK N0XA:Germany

Address

Corso Sempione 55, Milan, ITA, 20149

Website

https://www.nexi.it

Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.