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Cantourage Group SE (XTER:HIGH) Retained Earnings : €0.02 Mil (As of Jun. 2023)


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What is Cantourage Group SE Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cantourage Group SE's retained earnings for the quarter that ended in Jun. 2023 was €0.02 Mil.

Cantourage Group SE's quarterly retained earnings increased from Jun. 2022 (€0.00 Mil) to Dec. 2022 (€0.01 Mil) and increased from Dec. 2022 (€0.01 Mil) to Jun. 2023 (€0.02 Mil).

Cantourage Group SE's annual retained earnings declined from Dec. 2020 (€-0.77 Mil) to Dec. 2021 (€-1.74 Mil) but then increased from Dec. 2021 (€-1.74 Mil) to Dec. 2022 (€0.01 Mil).


Cantourage Group SE Retained Earnings Historical Data

The historical data trend for Cantourage Group SE'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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Cantourage Group SE Retained Earnings Chart

Cantourage Group SE Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Retained Earnings
-0.18 -0.77 -1.74 0.01

Cantourage Group SE Semi-Annual Data
Dec19 Dec20 Dec21 Jun22 Dec22 Jun23
Retained Earnings Get a 7-Day Free Trial -0.77 -1.74 - 0.01 0.02

Cantourage Group SE 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.


Cantourage Group SE  (XTER:HIGH) 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.


Cantourage Group SE (XTER:HIGH) Business Description

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Traded in Other Exchanges
Address
Feurigstrasse 54, Berlin, DEU, 10827
Cantourage Group SE is a medical cannabis company. The company offers products in all relevant market segments: dried flowers, extracts, Dronabinol, and pharma-grade Cannabidiol.
Executives
Patrick Hoffmann Supervisory Board
Dr. Florian Kainzinger Supervisory Board
Dr. / Dr. Florian / Michael Kainzinger / Ruoff Supervisory Board
Dr. / Dr. Florian /michael Kainzinger / Ruoff Supervisory Board
Dr. / Herr Florian / Patrick Holzapfel / Hoffmann Supervisory Board
Dr. Florian Holzapfel Supervisory Board
Dr. Michael Ruoff Supervisory Board

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