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Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Retained Earnings : $-15.70 Mil (As of Dec. 2022)


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What is Zapp Electric Vehicles Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Zapp Electric Vehicles Group's retained earnings for the quarter that ended in Dec. 2022 was $-15.70 Mil.

Zapp Electric Vehicles Group's quarterly retained earnings declined from Jun. 2022 ($-11.42 Mil) to Sep. 2022 ($-11.58 Mil) and declined from Sep. 2022 ($-11.58 Mil) to Dec. 2022 ($-15.70 Mil).

Zapp Electric Vehicles Group's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-10.09 Mil) but then declined from Dec. 2021 ($-10.09 Mil) to Dec. 2022 ($-15.70 Mil).


Zapp Electric Vehicles Group Retained Earnings Historical Data

The historical data trend for Zapp Electric Vehicles Group'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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Zapp Electric Vehicles Group Retained Earnings Chart

Zapp Electric Vehicles Group Annual Data
Trend Dec21 Dec22
Retained Earnings
-10.09 -15.70

Zapp Electric Vehicles Group Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Retained Earnings Get a 7-Day Free Trial -10.09 -10.83 -11.42 -11.58 -15.70

Zapp Electric Vehicles Group 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.


Zapp Electric Vehicles Group  (NAS:CIIGU) 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.


Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Business Description

Traded in Other Exchanges
N/A
Address
5 Technology Park, Colindeep Lane, London, GBR, NW9 6BX
Zapp Electric Vehicles Group Ltd is an electric motorcycle company run by a team of experts from the mobility industry. The i300 is the first in a suite of high-performance electric two-wheelers expected to come to market from Zapp. The company plans to offer a high-quality direct-to-customer experience known as DSDTC (drop-ship-direct-to-customer).

Zapp Electric Vehicles Group (Zapp Electric Vehicles Group) Headlines