Nerds On Site (FRA:3NS) Retained Earnings : €-7.30 Mil (As of Feb. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Nerds On Site Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nerds On Site's retained earnings for the quarter that ended in Feb. 2024 was €-7.30 Mil.

Nerds On Site's quarterly retained earnings increased from Aug. 2023 (€-7.10 Mil) to Nov. 2023 (€-7.05 Mil) but then declined from Nov. 2023 (€-7.05 Mil) to Feb. 2024 (€-7.30 Mil).

Nerds On Site's annual retained earnings declined from May. 2021 (€-5.80 Mil) to May. 2022 (€-6.97 Mil) but then increased from May. 2022 (€-6.97 Mil) to May. 2023 (€-6.96 Mil).

Nerds On Site Retained Earnings Historical Data

The historical data trend for Nerds On Site'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.

Nerds On Site Retained Earnings Chart

Nerds On Site Annual Data

Trend

May16

May17

May18

May19

May20

May21

May22

May23

Retained Earnings

Get a 7-Day Free Trial

-3.40

-4.70

-5.80

-6.97

-6.96

Nerds On Site Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															-6.96	-6.96	-7.10	-7.05	-7.30

Nerds On Site 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.

Nerds On Site (FRA:3NS) 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.

Nerds On Site (FRA:3NS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Nerds On Site Inc (FRA:3NS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

NOSUF:USA 3NS:Germany NERD:Canada

Address

4026 Meadowbrook Drive, Unit 120-121, London, ON, CAN, N6L 1C7

Website

https://www.nerdsonsite.com

Nerds On Site Inc provides mobile information technology (IT) support for small to medium-sized enterprises. Its services include computer set-up, network installation, tailored software services, and IT support. The company offers business solutions and residential services. The corporation oversees and retains a network of technically proficient and specially trained independent IT consultants (Consultants) to help clients by providing on-site, effective, consistent, and customized IT solutions. Its revenue is principally derived from service fees charged for consulting services performed by the consultants and the sale of off-the-shelf software, hardware, and related support.

Nerds On Site (FRA:3NS) Headlines

No Headlines