LightAir AB (NGM:LAIR) Retained Earnings: kr-7.39 Mil (As of Dec. 2025)

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Director of Data and Quant Analytics at GuruFocus
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NGM:LAIR LightAir AB NGM:LAIR
32 GF Score
Price kr0.75
GF Value kr0.28
Valuation Significantly Overvalued
! 3 Warning Signs
View Full Analysis

What is LightAir AB Retained Earnings?

LightAir AB NGM:LAIR +1.35% 32 Retained Earnings is kr-7.39 Mil as of Dec. 2025. GuruFocus rates NGM:LAIR with a GF Score™ of 32/100 and a GF Value™ of kr0.28 (Significantly Overvalued). The stock has 3 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. LightAir AB's retained earnings for the quarter that ended in Dec. 2025 was kr-7.39 Mil.

LightAir AB's quarterly retained earnings declined from Dec. 2024 (kr-26.75 Mil) to Jun. 2025 (kr-112.84 Mil) but then increased from Jun. 2025 (kr-112.84 Mil) to Dec. 2025 (kr-7.39 Mil).

LightAir AB's annual retained earnings increased from Dec. 2023 (kr-95.86 Mil) to Dec. 2024 (kr-26.75 Mil) and increased from Dec. 2024 (kr-26.75 Mil) to Dec. 2025 (kr-7.39 Mil).


LightAir AB  (NGM:LAIR) 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.


LightAir AB Retained Earnings Historical Data

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The historical data trend for LightAir AB'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.

LightAir AB Retained Earnings Chart

LightAir AB Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -114.04 -112.98 -95.86 -26.75 -7.39

LightAir AB Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 -95.86 -98.72 -26.75 -112.84 -7.39
NGM:LAIR
32GF Score
LightAir AB NGM:LAIR
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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LightAir AB 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of kr-7.39 Mil mean?
LightAir AB (NGM:LAIR) has a Retained Earnings of kr-7.39 Mil as of Dec. 2025. Retained earnings is the amount of net income not issued to shareholders. View historical data on LightAir AB and its competitors.
Is LightAir AB's Retained Earnings too high?
LightAir AB's current Retained Earnings is kr-7.39 Mil. Overall, LightAir AB has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does LightAir AB's Retained Earnings compare to VLTO and ZWS?
LightAir AB's Retained Earnings of kr-7.39 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Industrial Products company?
A good Retained Earnings depends on the Industrial Products industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on LightAir AB and its competitors. LightAir AB's current Retained Earnings is kr-7.39 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is LightAir AB stock overvalued right now?
Based on GuruFocus' analysis, LightAir AB (NGM:LAIR) is currently considered Significantly Overvalued. The stock's GF Value™ is kr0.28, compared to a current price of kr0.75 — trading 167.9% above its estimated fair value. The current Retained Earnings is kr-7.39 Mil. LightAir AB's overall GF Score™ is 32/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For LightAir AB (NGM:LAIR), the current Retained Earnings is kr-7.39 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is LightAir AB (NGM:LAIR) Overvalued in 2026?

Based on GuruFocus' analysis, LightAir AB stock appears to be overvalued. The current stock price of kr0.75 is trading 167.9% above its estimated GF Value™ of kr0.28. GuruFocus considers LightAir AB to be Significantly Overvalued.

Key valuation signals for NGM:LAIR:

  • Retained Earnings: kr-7.39 Mil
  • GF Value™: kr0.28 vs. price of kr0.75 (167.9% above fair value)
  • GF Score™: 32/100 with 3 warning signs

No single metric tells the full story. See the NGM:LAIR stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


LightAir AB Business Description

Address Svetsarvagen 13, kersberga, Stockholm, SWE, 184 42
LightAir AB is engaged in manufacturing and selling of air purifiers used for different industrial purposes such as traffic pollution, pet allergen, industrial pollution, smoke, and others. Its Air purifiers products include IonFlow Signature, IonFlow Evolution, IonFlow Style, IonFlow Surface, and others. The company distributes its products in Europe, Asia, and North America.
32GF Score

Get the complete analysis for NGM:LAIR

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

kr0.75
Price
kr0.28
GF Value