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Olympia Financial Group (TSX:OLY) Retained Earnings : C$33.9 Mil (As of Dec. 2024)


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What is Olympia Financial Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Olympia Financial Group's retained earnings for the quarter that ended in Dec. 2024 was C$33.9 Mil.

Olympia Financial Group's quarterly retained earnings increased from Jun. 2024 (C$30.3 Mil) to Sep. 2024 (C$32.3 Mil) and increased from Sep. 2024 (C$32.3 Mil) to Dec. 2024 (C$33.9 Mil).

Olympia Financial Group's annual retained earnings increased from Dec. 2022 (C$17.3 Mil) to Dec. 2023 (C$27.3 Mil) and increased from Dec. 2023 (C$27.3 Mil) to Dec. 2024 (C$33.9 Mil).


Olympia Financial Group Retained Earnings Historical Data

The historical data trend for Olympia Financial 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.

Olympia Financial Group Retained Earnings Chart

Olympia Financial Group Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.93 10.80 17.35 27.35 33.94

Olympia Financial Group Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 27.35 28.76 30.32 32.27 33.94

Olympia Financial 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.


Olympia Financial Group  (TSX:OLY) 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.


Olympia Financial Group Business Description

Traded in Other Exchanges
Address
4000, 520 - 3rd Avenue SW, Calgary, AB, CAN, T2P 0R3
Olympia Financial Group Inc is engaged in providing financial services. The company's operating segments are Private Health Services Plan division which markets, sells and administers health and dental benefits to business owners; Investment Account Services division specializes in registered account administration; The Currency and Global Payments division provides corporations and private clients a personalized service for buying and selling foreign currencies; The Exempt Edge division is focused on Onboarding fees; The Corporate and Shareholder Services division, which acts as a cost centre and the Corporate Division.
Executives
Rick Skauge 10% Security Holder, Director, Senior Officer
Anthony Lanzl Director
Paul Kelly Director
Dean Naugler Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Antony Balasubramanian Director
Gerardus Adrianus Janssen Director
Philip Alan Du Heaume Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Brian Ross Newman Director
John Ryan Mckenna Senior Officer
Gerhard Stephanus Barnard Senior Officer
Stephen William Preston Senior Officer
Brenda Eprile Director or Senior Officer of Insider or Subsidiary (other than in 4,5,6)
Diana M Wolfe Director
Derick Dan Kachuik Senior Officer

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