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Bigblu Broadband (LSE:BBB) Retained Earnings : £-29.01 Mil (As of Nov. 2023)


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What is Bigblu Broadband Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bigblu Broadband's retained earnings for the quarter that ended in Nov. 2023 was £-29.01 Mil.

Bigblu Broadband's quarterly retained earnings increased from Nov. 2022 (£-24.31 Mil) to May. 2023 (£0.00 Mil) but then declined from May. 2023 (£0.00 Mil) to Nov. 2023 (£-29.01 Mil).

Bigblu Broadband's annual retained earnings declined from Nov. 2021 (£-21.58 Mil) to Nov. 2022 (£-24.31 Mil) and declined from Nov. 2022 (£-24.31 Mil) to Nov. 2023 (£-29.01 Mil).


Bigblu Broadband Retained Earnings Historical Data

The historical data trend for Bigblu Broadband'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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Bigblu Broadband Retained Earnings Chart

Bigblu Broadband Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -42.41 -32.40 -21.58 -24.31 -29.01

Bigblu Broadband Semi-Annual Data
May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -21.58 - -24.31 - -29.01

Bigblu Broadband 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.


Bigblu Broadband  (LSE:BBB) 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.


Bigblu Broadband (LSE:BBB) Business Description

Traded in Other Exchanges
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Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Bigblu Broadband PLC is an independent broadband service provider for consumers and businesses. The company has one reportable segment - the provision of broadband services. Geographically, it derives a majority of its revenue from the rest of the world and has a presence in the United Kingdom and Europe. Its product consists of Satellite Broadband, next-generation fixed wireless, and 4G/5G. The company generates revenue from the sale of airtime, data, hardware, and installation in connection with the supply of broadband services.

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