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East Side Games Group (STU:BL1) Retained Earnings : €-29.63 Mil (As of Sep. 2024)


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What is East Side Games Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. East Side Games Group's retained earnings for the quarter that ended in Sep. 2024 was €-29.63 Mil.

East Side Games Group's quarterly retained earnings increased from Mar. 2024 (€-30.71 Mil) to Jun. 2024 (€-30.20 Mil) and increased from Jun. 2024 (€-30.20 Mil) to Sep. 2024 (€-29.63 Mil).

East Side Games Group's annual retained earnings increased from Dec. 2021 (€-40.05 Mil) to Dec. 2022 (€-32.78 Mil) and increased from Dec. 2022 (€-32.78 Mil) to Dec. 2023 (€-32.18 Mil).


East Side Games Group Retained Earnings Historical Data

The historical data trend for East Side Games 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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East Side Games Group Retained Earnings Chart

East Side Games Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-0.36 14.27 -40.05 -32.78 -32.18

East Side Games Group Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 -33.36 -32.18 -30.71 -30.20 -29.63

East Side Games 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.


East Side Games Group  (STU:BL1) 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.


East Side Games Group Business Description

Traded in Other Exchanges
Address
1055 Dunsmuir Street, Suite 3104, Four Bentall Centre, Vancouver, BC, CAN, V7X 1G4
East Side Games Group Inc is a free-to-play mobile game group, that creates engaging games that produce enduring player loyalty. Its studio group entrepreneurial culture is anchored in creativity, execution, and growth through a diverse portfolio of original and licensed IP mobile games that include Archer: Danger Phone, Bud Farm Idle Tycoon, Cheech & Chong Bud Farm, The Goldbergs: Back to the 80s, It's Always Sunny: The Gang Goes Mobile; Trailer Park Boys Greasy Money, and many more. It generates revenue through in-app purchases (IAP) from the sale of in-game virtual items that enhance the gameplaying experience, and through in-game advertising.

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