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Best of the Best (LSE:BOTB) Retained Earnings : £4.93 Mil (As of Apr. 2023)


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What is Best of the Best Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Best of the Best's retained earnings for the quarter that ended in Apr. 2023 was £4.93 Mil.

Best of the Best's quarterly retained earnings declined from Apr. 2022 (£7.04 Mil) to Oct. 2022 (£2.71 Mil) but then increased from Oct. 2022 (£2.71 Mil) to Apr. 2023 (£4.93 Mil).

Best of the Best's annual retained earnings declined from Apr. 2021 (£7.95 Mil) to Apr. 2022 (£7.04 Mil) and declined from Apr. 2022 (£7.04 Mil) to Apr. 2023 (£4.93 Mil).


Best of the Best Retained Earnings Historical Data

The historical data trend for Best of the Best'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.

Best of the Best Retained Earnings Chart

Best of the Best Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.35 2.37 7.95 7.04 4.93

Best of the Best Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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 7.95 5.34 7.04 2.71 4.93

Best of the Best 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.


Best of the Best  (LSE:BOTB) 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.


Best of the Best (LSE:BOTB) Business Description

Traded in Other Exchanges
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Address
72/74 St Dionis Road, 2 Plato Place, London, GBR, SW6 4TU
Best of the Best PLC engages in a specialty lottery business. The company's only operating segment being the operation of weekly competitions to win luxury cars and other prizes. It generates revenue from the sale of tickets to the competition.

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