Evolution AB (OSTO:EVO) Retained Earnings : kr20,219 Mil (As of Mar. 2024)

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What is Evolution AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Evolution AB's retained earnings for the quarter that ended in Mar. 2024 was kr20,219 Mil.

Evolution AB's quarterly retained earnings increased from Sep. 2023 (kr19,321 Mil) to Dec. 2023 (kr20,145 Mil) and increased from Dec. 2023 (kr20,145 Mil) to Mar. 2024 (kr20,219 Mil).

Evolution AB's annual retained earnings increased from Dec. 2021 (kr8,247 Mil) to Dec. 2022 (kr13,972 Mil) and increased from Dec. 2022 (kr13,972 Mil) to Dec. 2023 (kr20,145 Mil).

Evolution AB Retained Earnings Historical Data

The historical data trend for Evolution AB'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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Evolution AB Retained Earnings Chart

Evolution AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,754.50

4,702.14

8,247.06

13,972.36

20,145.08

Evolution AB Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															17,078.84	15,865.24	19,320.56	20,145.08	20,219.18

Evolution AB 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.

Evolution AB (OSTO:EVO) 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.

Evolution AB (OSTO:EVO) Business Description

Industry

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Address

Hamngatan 11, Stockholm, SWE, SE-111 47

Website

https://www.evolution.com

Evolution AB is a B2B provider of live and slots casino systems. The Company develops, produces, markets, and licenses fully integrated online casino systems to gaming operators. The company provides business-to-business solutions, which it develops and produces for gaming operators. Evolution's primary product, Live Casino, allows a human dealer to run a real-time casino table, which is then streamed to digital devices. Players can then place bets on desktops, smartphones, and tablets and communicate with the dealer through Evolution's software. The company's services are licensed to casino operators. The company generates the vast majority of its revenue from Asia.