Boozt AB (FRA:BOK) Retained Earnings : €24.4 Mil (As of Mar. 2024)

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What is Boozt AB Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Boozt AB's retained earnings for the quarter that ended in Mar. 2024 was €24.4 Mil.

Boozt AB's quarterly retained earnings increased from Sep. 2023 (€22.0 Mil) to Dec. 2023 (€33.3 Mil) but then declined from Dec. 2023 (€33.3 Mil) to Mar. 2024 (€24.4 Mil).

Boozt AB's annual retained earnings increased from Dec. 2021 (€-3.4 Mil) to Dec. 2022 (€20.7 Mil) and increased from Dec. 2022 (€20.7 Mil) to Dec. 2023 (€33.3 Mil).

Boozt AB Retained Earnings Historical Data

The historical data trend for Boozt 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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Boozt AB Retained Earnings Chart

Boozt AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-22.99

-10.63

-3.37

20.74

33.26

Boozt 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															19.88	27.38	21.98	33.26	24.39

Boozt 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.

Boozt AB (FRA:BOK) 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.

Boozt AB (FRA:BOK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Boozt AB (FRA:BOK) » Definitions » Retained Earnings

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BOZTY:USA BOOZT:Sweden BOOZT DKK:Denmark

Address

Hyllie Boulevard 35, Malmo, SWE, 215 37

Website

https://www.booztgroup.com

Boozt AB is a Nordic technology company selling fashion, apparel, and beauty online. The company operates in two segments: Boozt.com, and Booztlet.com. The Boozt.com segment consists of the operational activities related to the multi-brand webstore Boozt.com. The webstore Boozt.com is the online destination for Fashion, Kids, Sports, Beauty, and Home, tailored to deliver convenience and a curated selection of brands. The Booztlet.com segment consists of the operational activities related to Booztlet.com. The Booztlet.com segment mainly operates as the group's channel for inventory clearance, retailing items that did not sell within an allotted time frame in the webstores. The majority of its revenue is derived from Boozt.com. Geographically, the majority is derived from the Nordics.

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