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AGBA Group Holding (FRA:D6D) Retained Earnings : €-67.77 Mil (As of Mar. 2024)


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What is AGBA Group Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AGBA Group Holding's retained earnings for the quarter that ended in Mar. 2024 was €-67.77 Mil.

AGBA Group Holding's quarterly retained earnings increased from Sep. 2023 (€-70.25 Mil) to Dec. 2023 (€-60.16 Mil) but then declined from Dec. 2023 (€-60.16 Mil) to Mar. 2024 (€-67.77 Mil).

AGBA Group Holding's annual retained earnings declined from Dec. 2021 (€46.13 Mil) to Dec. 2022 (€-15.48 Mil) and declined from Dec. 2022 (€-15.48 Mil) to Dec. 2023 (€-60.16 Mil).


AGBA Group Holding Retained Earnings Historical Data

The historical data trend for AGBA Group Holding'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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AGBA Group Holding Retained Earnings Chart

AGBA Group Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-36.45 46.13 -15.48 -60.16

AGBA Group Holding Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -48.07 -57.28 -70.25 -60.16 -67.77

AGBA Group Holding 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.


AGBA Group Holding  (FRA:D6D) 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.


AGBA Group Holding (FRA:D6D) Business Description

Traded in Other Exchanges
Address
68 Johnston Road, AGBA Tower, Wan Chai, Hong Kong, HKG
AGBA Group Holding Ltd provides healthcare, wellness, financial advisory, and fintech services. The group is organized into four divisions: Platform, Distribution, Healthcare, and Fintech. The AGBA platform helps individual and corporate customers with better financial, medical, and healthcare service options. The AGBA is a unique omnichannel one-stop financial business solution platform that offers financial services, expands business opportunities, and enhances business productivity to licensed financial advisors, licensed brokers, and licensed financial institutions.

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