GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » Baltic Classifieds Group PLC (STU:983) » Definitions » Retained Earnings

Baltic Classifieds Group (STU:983) Retained Earnings : €618.52 Mil (As of Oct. 2024)


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

What is Baltic Classifieds Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Baltic Classifieds Group's retained earnings for the quarter that ended in Oct. 2024 was €618.52 Mil.

Baltic Classifieds Group's quarterly retained earnings increased from Oct. 2023 (€620.44 Mil) to Apr. 2024 (€621.09 Mil) but then declined from Apr. 2024 (€621.09 Mil) to Oct. 2024 (€618.52 Mil).

Baltic Classifieds Group's annual retained earnings increased from Apr. 2022 (€611.88 Mil) to Apr. 2023 (€619.99 Mil) and increased from Apr. 2023 (€619.99 Mil) to Apr. 2024 (€621.09 Mil).


Baltic Classifieds Group Retained Earnings Historical Data

The historical data trend for Baltic Classifieds 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.

* Premium members only.

Baltic Classifieds Group Retained Earnings Chart

Baltic Classifieds Group Annual Data
Trend Apr19 Apr20 Apr21 Apr22 Apr23 Apr24
Retained Earnings
Get a 7-Day Free Trial -10.86 -9.92 611.88 619.99 621.09

Baltic Classifieds Group Semi-Annual Data
Apr19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 616.41 619.99 620.44 621.09 618.52

Baltic Classifieds 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.


Baltic Classifieds Group  (STU:983) 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.


Baltic Classifieds Group Business Description

Traded in Other Exchanges
Address
Saltoniskiu Street 9B, Vilnius, LTU, LT-08105
Baltic Classifieds Group PLC is an online classifieds group in the Baltics which owns and operates various vertical and generalist online classifieds portals in Estonia, Latvia, and Lithuania. Its online classifieds portfolio comprises vertical online classifieds portals, including vertical portals for automotive, real estate, and jobs and services, and a few generalist portals, offering a wide line of products. The main focus of the Group is operating online classifieds platforms for automotive, real estate, jobs and services, and general merchandise in the Baltics. lt generates revenue from fees for service packages based on the number of job ad postings; fees for short-term services including job ad promotion, job ads, and access to the resume database.

Baltic Classifieds Group Headlines

No Headlines