Globee (TSE:5575) Retained Earnings : 円437 Mil (As of May. 2024)

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What is Globee Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Globee's retained earnings for the quarter that ended in May. 2024 was 円437 Mil.

Globee's quarterly retained earnings increased from Nov. 2023 (円314 Mil) to Feb. 2024 (円366 Mil) and increased from Feb. 2024 (円366 Mil) to May. 2024 (円437 Mil).

Globee's annual retained earnings increased from May. 2022 (円37 Mil) to May. 2023 (円210 Mil) and increased from May. 2023 (円210 Mil) to May. 2024 (円437 Mil).

Globee Retained Earnings Historical Data

The historical data trend for Globee'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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Globee Retained Earnings Chart

Globee Annual Data

Trend

May21

May22

May23

May24

Retained Earnings

-17.19

37.22

209.70

436.53

Globee Quarterly Data
	May21	May22	Feb23	May23	Aug23	Nov23	Feb24	May24
Retained Earnings	Get a 7-Day Free Trial			209.70	262.47	313.99	366.30	436.53

Globee 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.

Globee (TSE:5575) 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.

Globee Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Globee Inc (TSE:5575) » Definitions » Retained Earnings

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Address

1-7-3 Higashi-Azabu, Minato-ku, Tokyo, JPN, 106-0044

Website

https://www.globee.io

Globee Inc is engaged in Development and provision of an online English learning platform service. The company mainly plans, develops, and operates AI English teaching materials abceed, which can be used on smartphone apps and on the web. It is also engaged in developing and operating the AI English school ABCEED ENGLISH.

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