Grab2Go AS (OTSE:GRB2G) Retained Earnings : €-0.65 Mil (As of Jun. 2023)

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What is Grab2Go AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grab2Go AS's retained earnings for the quarter that ended in Jun. 2023 was €-0.65 Mil.

Grab2Go AS's quarterly retained earnings declined from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€-0.44 Mil) and declined from Dec. 2022 (€-0.44 Mil) to Jun. 2023 (€-0.65 Mil).

Grab2Go AS's annual retained earnings increased from . 20 (€0.00 Mil) to Dec. 2021 (€-0.01 Mil) but then declined from Dec. 2021 (€-0.01 Mil) to Dec. 2022 (€-0.44 Mil).

Grab2Go AS Retained Earnings Historical Data

The historical data trend for Grab2Go AS'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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Grab2Go AS Retained Earnings Chart

Grab2Go AS Annual Data

Trend

Dec21

Dec22

Retained Earnings

-0.01

-0.44

Grab2Go AS Semi-Annual Data
	Jun22	Dec22	Jun23
Retained Earnings	-	-0.44	-0.65

Grab2Go AS 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.

Grab2Go AS (OTSE:GRB2G) 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.

Grab2Go AS (OTSE:GRB2G) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Grab2Go AS (OTSE:GRB2G) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Veskiposti tn 2-1002, Harju maakond, Tallinn, EST, 10138

Website

https://www.grab2go.eu

Grab2Go AS develops and manufactures autonomous, unmanned and robotic convenience store and pharmacy technology. Its technology and solutions make it possible to achieve a significant increase in efficiency, resource savings and a better consumer experience in the operation of convenience stores, pharmacies and other similar points of sale. The company has developed a completely unique Cloud Platform to remotely manage and operate Its Autonomous Stores in Real-Time. Grab2Go earns revenue from the sale of hardware solutions (machines) (one-time revenue), maintenance of hardware solutions (machines) (periodic payments), licensing of software solutions (periodic payments) and software development.

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