TextMagic AS (OTSE:MAGIC) Retained Earnings : €3.53 Mil (As of Dec. 2024)

View and export this data going back to 2021. Start your Free Trial

What is TextMagic AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TextMagic AS's retained earnings for the quarter that ended in Dec. 2024 was €3.53 Mil.

TextMagic AS's quarterly retained earnings increased from Dec. 2023 (€-18.38 Mil) to Jun. 2024 (€1.30 Mil) and increased from Jun. 2024 (€1.30 Mil) to Dec. 2024 (€3.53 Mil).

TextMagic AS's annual retained earnings declined from Dec. 2022 (€1.78 Mil) to Dec. 2023 (€-18.38 Mil) but then increased from Dec. 2023 (€-18.38 Mil) to Dec. 2024 (€3.53 Mil).

TextMagic AS Retained Earnings Historical Data

The historical data trend for TextMagic 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.

* Premium members only.

TextMagic AS Retained Earnings Chart

TextMagic AS Annual Data

Trend

Dec21

Dec22

Dec23

Dec24

Retained Earnings

-0.09

1.78

-18.38

3.53

TextMagic AS Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial			1.78	3.51	-18.38	1.30	3.53

TextMagic 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.

TextMagic AS (OTSE:MAGIC) 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.

TextMagic AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TextMagic AS (OTSE:MAGIC) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

A. H. Tammsaare 56, Tallinn, EST, 11316

Website

https://www.textmagic.com

TextMagic AS is a text messaging company that helps businesses to engage with customers. The activity of the group is the management and development of software products. The company operates mainly in the U.S., the U.K., Canada, and Australia. TextMagic enables companies to transform customer experiences through its easy-to-use text messaging marketing software, which can be used for sending notifications, alerts, reminders, confirmations, and SMS marketing campaigns anytime, anywhere. The majority of revenue is derived from the United States and Canada.

TextMagic AS Headlines

No Headlines