mic AG (XTER:M3BK) Retained Earnings : €-6.68 Mil (As of Jun. 2023)

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What is mic AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. mic AG's retained earnings for the quarter that ended in Jun. 2023 was €-6.68 Mil.

mic AG's quarterly retained earnings declined from Jun. 2022 (€-6.68 Mil) to Dec. 2022 (€-7.20 Mil) but then increased from Dec. 2022 (€-7.20 Mil) to Jun. 2023 (€-6.68 Mil).

mic AG's annual retained earnings declined from Dec. 2020 (€0.00 Mil) to Dec. 2021 (€-2.27 Mil) and declined from Dec. 2021 (€-2.27 Mil) to Dec. 2022 (€-7.20 Mil).

mic AG Retained Earnings Historical Data

The historical data trend for mic 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.

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mic AG Retained Earnings Chart

mic AG Annual Data

Trend

Dec12

Dec13

Dec14

Dec15

Dec16

Dec18

Dec19

Dec20

Dec21

Dec22

Retained Earnings

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-34.49

-2.27

-7.20

mic AG Semi-Annual Data
	Jun13	Dec13	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23
Retained Earnings	Get a 7-Day Free Trial															-1.95	-2.27	-6.68	-7.20	-6.68

mic 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.

mic AG (XTER:M3BK) 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.

mic AG (XTER:M3BK) Business Description

Industry

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M3BK:Germany M3BK:Germany

Address

Denisstrabe 1b, Munich, DEU, 80335

Website

http://www.mic-ag.eu

mic AG is an investment company. It invests in young technology companies in the field of fiber optics, clean tech, software, microsystems and IT among others. The portfolio comprises of Aifotec AG, 3-Edge Gmbh, and FiSec Gmbh and among others. Its portfolio comprises of u-GPS Optics GmbH, a developer of a technology for three-dimensional (3D) optical measurements, Flores Solar Water GmbH, which develops a low-cost water treatment plant that uses solar thermal energy.

Executives

Dr. Jürgen Gromer	Supervisory Board
Arne Weber	Board of Directors
Andreas Empl	Board of Directors
Ralph Weidenmann	Supervisory Board
Peter Trosien	Board of Directors

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