IkeGPS Group (NZSE:IKE) Retained Earnings : NZ$-97.26 Mil (As of Sep. 2024)

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What is IkeGPS Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. IkeGPS Group's retained earnings for the quarter that ended in Sep. 2024 was NZ$-97.26 Mil.

IkeGPS Group's quarterly retained earnings declined from Sep. 2023 (NZ$-82.27 Mil) to Mar. 2024 (NZ$-90.31 Mil) and declined from Mar. 2024 (NZ$-90.31 Mil) to Sep. 2024 (NZ$-97.26 Mil).

IkeGPS Group's annual retained earnings declined from Mar. 2022 (NZ$-67.67 Mil) to Mar. 2023 (NZ$-75.49 Mil) and declined from Mar. 2023 (NZ$-75.49 Mil) to Mar. 2024 (NZ$-90.31 Mil).

IkeGPS Group Retained Earnings Historical Data

The historical data trend for IkeGPS 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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IkeGPS Group Retained Earnings Chart

IkeGPS Group Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-51.60

-59.82

-67.67

-75.49

-90.31

IkeGPS Group Semi-Annual Data
	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-66.55	-75.49	-82.27	-90.31	-97.26

IkeGPS 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.

IkeGPS Group (NZSE:IKE) 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.

IkeGPS Group Business Description

Industry

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IKE:Australia

Address

329 Interlocken Parkway, Suite 120, Broomfield, CO, USA, 80021

Website

https://www.ikegps.com

IkeGPS Group Ltd is engaged in designing and delivering a solution for the collection, analysis, and management of distribution assets for electric utilities and communications companies. Its segments include Utility and Communication and Other Business, of which the majority of the revenue comes from Utility and Communication segment which includes broadband fiber and cellular 5G rollout in the United States and Other Business includes sales of Spike into the Signage, Architecture Engineering, and Construction and Geospatial markets. The company generates revenue from its product sales, IKE rental, IKE Solutions, IKE Subscription, and other services provided.

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