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Link Administration Holdings (Link Administration Holdings) Retained Earnings : $-575.5 Mil (As of Dec. 2023)


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What is Link Administration Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Link Administration Holdings's retained earnings for the quarter that ended in Dec. 2023 was $-575.5 Mil.

Link Administration Holdings's quarterly retained earnings declined from Dec. 2022 ($-433.7 Mil) to Jun. 2023 ($-667.7 Mil) but then increased from Jun. 2023 ($-667.7 Mil) to Dec. 2023 ($-575.5 Mil).

Link Administration Holdings's annual retained earnings declined from Jun. 2021 ($-128.3 Mil) to Jun. 2022 ($-164.4 Mil) and declined from Jun. 2022 ($-164.4 Mil) to Jun. 2023 ($-667.7 Mil).


Link Administration Holdings Retained Earnings Historical Data

The historical data trend for Link Administration Holdings'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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Link Administration Holdings Retained Earnings Chart

Link Administration Holdings Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial 161.84 2.94 -128.30 -164.39 -667.71

Link Administration Holdings Semi-Annual Data
Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -177.44 -164.39 -433.74 -667.71 -575.54

Link Administration Holdings 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.


Link Administration Holdings  (OTCPK:LKADF) 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.


Link Administration Holdings (Link Administration Holdings) Business Description

Traded in Other Exchanges
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Link derives its revenue primarily from providing administration services to the financial services sector in Australia, and the share registry and investment fund sectors in the U.K. The company is the largest provider of superannuation administration services and the second-largest provider of share registry services in Australia. Link's clients are usually contracted for between two and five years. The customers are relatively sticky, resulting in a high recurring revenue. The capital-light business model means cash flow is relatively strong.

Link Administration Holdings (Link Administration Holdings) Headlines

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