Embark Early Education (ASX:EVO) Retained Earnings : A$-152.09 Mil (As of Dec. 2023)

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What is Embark Early Education Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Embark Early Education's retained earnings for the quarter that ended in Dec. 2023 was A$-152.09 Mil.

Embark Early Education's quarterly retained earnings increased from Dec. 2022 (A$-167.62 Mil) to Jun. 2023 (A$-162.13 Mil) and increased from Jun. 2023 (A$-162.13 Mil) to Dec. 2023 (A$-152.09 Mil).

Embark Early Education's annual retained earnings declined from Dec. 2021 (A$-121.13 Mil) to Dec. 2022 (A$-167.62 Mil) but then increased from Dec. 2022 (A$-167.62 Mil) to Dec. 2023 (A$-152.09 Mil).

Embark Early Education Retained Earnings Historical Data

The historical data trend for Embark Early Education'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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Embark Early Education Retained Earnings Chart

Embark Early Education Annual Data

Trend

Mar16

Mar17

Mar18

Mar19

Mar20

Dec21

Dec22

Dec23

Retained Earnings

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-104.16

-132.48

-121.13

-167.62

-152.09

Embark Early Education Semi-Annual Data
	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial												-121.13	-117.48	-167.62	-162.13	-152.09

Embark Early Education 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.

Embark Early Education (ASX:EVO) 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.

Embark Early Education (ASX:EVO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Embark Early Education Ltd (ASX:EVO) » Definitions » Retained Earnings

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Address

120-122 Siganto Drive, Suite 102, Level 1, M1 Connect Business Hub, Helensvale, Gold Coast, QLD, AUS, 4212

Website

https://www.embarkeducation.com.au

Embark Early Education Ltd is a company that is engaged in the provision and management of an early childhood education service that gives parents and caregivers the option of which service suits their child's learning and care needs. The Group reports operating segments by geographical location, namely New Zealand and Australia. The majority of revenue is from the New Zealand segment. The principal activities of the Company include the management of high-quality early childhood education centres.