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SiteMinder (ASX:SDR) Retained Earnings : A$-622.5 Mil (As of Dec. 2023)


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What is SiteMinder Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SiteMinder's retained earnings for the quarter that ended in Dec. 2023 was A$-622.5 Mil.

SiteMinder's quarterly retained earnings declined from Dec. 2022 (A$-588.8 Mil) to Jun. 2023 (A$-608.2 Mil) and declined from Jun. 2023 (A$-608.2 Mil) to Dec. 2023 (A$-622.5 Mil).

SiteMinder's annual retained earnings declined from Jun. 2021 (A$-465.5 Mil) to Jun. 2022 (A$-563.3 Mil) and declined from Jun. 2022 (A$-563.3 Mil) to Jun. 2023 (A$-608.2 Mil).


SiteMinder Retained Earnings Historical Data

The historical data trend for SiteMinder'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.

SiteMinder Retained Earnings Chart

SiteMinder Annual Data
Trend Jun21 Jun22 Jun23
Retained Earnings
-465.50 -563.28 -608.16

SiteMinder Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings -539.84 -563.28 -588.81 -608.16 -622.53

SiteMinder 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.


SiteMinder  (ASX:SDR) 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.


SiteMinder (ASX:SDR) Business Description

Traded in Other Exchanges
Address
30 Windmill Street, Bond Store 3, Millers Point, Sydney, NSW, AUS, 2000
SiteMinder Ltd provides hotel commerce platform services. It helps hotels to sell, market, manage, and grow their business from one place. Geographically, it derives a majority of revenue from the Asia Pacific region and also has a presence in Europe, the Middle East and Africa, and the Americas. Some of its products include a Hotel channel manager; Hotel booking engine; Hotel website builder; Hotel business intelligence and others. The Group operates within one business segment, being the operation of an online hotel booking platform assisting accommodation providers in gaining more online bookings and managing their online room distribution.

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