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Nexi SpA (MIL:NEXI) Retained Earnings : €32 Mil (As of Jun. 2023)


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What is Nexi SpA Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nexi SpA's retained earnings for the quarter that ended in Jun. 2023 was €32 Mil.

Nexi SpA's quarterly retained earnings increased from Jun. 2022 (€89 Mil) to Dec. 2022 (€140 Mil) but then declined from Dec. 2022 (€140 Mil) to Jun. 2023 (€32 Mil).

Nexi SpA's annual retained earnings declined from Dec. 2020 (€128 Mil) to Dec. 2021 (€38 Mil) but then increased from Dec. 2021 (€38 Mil) to Dec. 2022 (€140 Mil).


Nexi SpA Retained Earnings Historical Data

The historical data trend for Nexi SpA'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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Nexi SpA Retained Earnings Chart

Nexi SpA Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 135.17 127.93 37.73 140.02 -1,005.99

Nexi SpA Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 37.73 89.13 140.02 32.46 -1,005.99

Nexi SpA 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.


Nexi SpA  (MIL:NEXI) 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.


Nexi SpA (MIL:NEXI) Business Description

Address
Corso Sempione 55, Milan, ITA, 20149
Nexi is a payment services provider offering merchant acquiring, card issuing, and digital banking services across Europe. Nexi's services cover the entire payment chain excluding the card scheme. It offers its acquiring and issuing services either in partnerships with banks, providing point-of-sale terminals, processing, or issuing services on their behalf or directly to merchants.