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Fast Finance24 Holding AG (XTER:FF24) Retained Earnings : €-9.86 Mil (As of Dec. 2021)


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What is Fast Finance24 Holding AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fast Finance24 Holding AG's retained earnings for the quarter that ended in Dec. 2021 was €-9.86 Mil.

Fast Finance24 Holding AG's quarterly retained earnings increased from Jun. 2021 (€-8.40 Mil) to Sep. 2021 (€-6.17 Mil) but then declined from Sep. 2021 (€-6.17 Mil) to Dec. 2021 (€-9.86 Mil).

Fast Finance24 Holding AG's annual retained earnings declined from Dec. 2020 (€-8.22 Mil) to Dec. 2021 (€-9.86 Mil) but then increased from Dec. 2021 (€-9.86 Mil) to Dec. 2022 (€-7.99 Mil).


Fast Finance24 Holding AG Retained Earnings Historical Data

The historical data trend for Fast Finance24 Holding AG'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.

Fast Finance24 Holding AG Retained Earnings Chart

Fast Finance24 Holding AG Annual Data
Trend Dec12 Dec13 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -8.27 -8.21 -8.22 -9.86 -7.99

Fast Finance24 Holding AG Quarterly Data
Dec13 Jun14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Dec22
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 - -8.40 -6.17 -9.86 -7.99

Fast Finance24 Holding AG 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.


Fast Finance24 Holding AG  (XTER:FF24) 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.


Fast Finance24 Holding AG (XTER:FF24) Business Description

Traded in Other Exchanges
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Address
Uhlandstrasse 165/166, Berlin, DEU, 10719
Fast Finance24 Holding AG is involved in providing different online products for consumer credits such as FF24 Rent, FF24 payments and FF24 Pay offering financial services to benefit the underbanked people facing a short-term economic issue. It also consists of other products such as FF24 Trade, FF24 invest and OK.de. FF24 Rent platform is optimised for both desktop and mobile devices. This means that a customer can instantly request a loan on the go, whenever and wherever he needs it.

Fast Finance24 Holding AG (XTER:FF24) Headlines

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