SMX (Security Matters) (SMX (Security Matters)) Retained Earnings : $-50.93 Mil (As of Dec. 2023)

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What is SMX (Security Matters) Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SMX (Security Matters)'s retained earnings for the quarter that ended in Dec. 2023 was $-50.93 Mil.

SMX (Security Matters)'s quarterly retained earnings declined from Dec. 2022 ($-30.02 Mil) to Jun. 2023 ($-63.03 Mil) but then increased from Jun. 2023 ($-63.03 Mil) to Dec. 2023 ($-50.93 Mil).

SMX (Security Matters)'s annual retained earnings declined from Dec. 2021 ($-23.84 Mil) to Dec. 2022 ($-30.02 Mil) and declined from Dec. 2022 ($-30.02 Mil) to Dec. 2023 ($-50.93 Mil).

SMX (Security Matters) Retained Earnings Historical Data

The historical data trend for SMX (Security Matters)'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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SMX (Security Matters) Retained Earnings Chart

SMX (Security Matters) Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-18.90

-23.84

-30.02

-50.93

SMX (Security Matters) Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial			-23.84	-26.28	-30.02	-63.03	-50.93

SMX (Security Matters) 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.

SMX (Security Matters) (NAS:SMX) 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.

SMX (Security Matters) (SMX (Security Matters)) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » SMX (Security Matters) PLC (NAS:SMX) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

Sussex Road, Mespil Business Centre, Mespil House, Dublin, IRL, D04 T4A6

Website

https://smx.tech/home

SMX (Security Matters) PLC provides one solution to solve both authentication and track and trace challenges in order to uphold supply chain integrity and provide quality assurance and brand accountability to producers of goods. Its technology works as a track and trace system using a marker, a reader, and an algorithm to identify embedded sub-molecular particles in order to track and trace different components along a production process (or any other marked good along a supply chain) to the end producer.