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Munic (XPAR:ALMUN) Retained Earnings : €-8.57 Mil (As of Dec. 2023)


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What is Munic Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Munic's retained earnings for the quarter that ended in Dec. 2023 was €-8.57 Mil.

Munic's quarterly retained earnings declined from Dec. 2022 (€-6.78 Mil) to Jun. 2023 (€-8.76 Mil) but then increased from Jun. 2023 (€-8.76 Mil) to Dec. 2023 (€-8.57 Mil).

Munic's annual retained earnings increased from Dec. 2021 (€-6.79 Mil) to Dec. 2022 (€-6.78 Mil) but then declined from Dec. 2022 (€-6.78 Mil) to Dec. 2023 (€-8.57 Mil).


Munic Retained Earnings Historical Data

The historical data trend for Munic'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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Munic Retained Earnings Chart

Munic Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -0.91 -6.56 -6.79 -6.78 -8.57

Munic Semi-Annual Data
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 -6.79 -6.88 -6.78 -8.76 -8.57

Munic 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.


Munic  (XPAR:ALMUN) 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.


Munic (XPAR:ALMUN) Business Description

Traded in Other Exchanges
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Address
100 avenue de Stalingrad, Villejuif, Paris, FRA, 94800
Munic SA is a vehicle data collection, processing and monetization company in Europe and North America. The company designs intelligent solutions in vehicles which collect data using the Munic box directly connected to the heart of the vehicle's electronic network via a universal socket, process such data locally within the Munic box; transmit and analyze such data on a proprietary artificial intelligence platform Munic.io; and allow B-to-B third parties to integrate their commercial applications on Munic.io to monetize the data collected. Its products include Munic Max V4, Munic V6 and Munic V6+ and V7+.

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