DigiAsia (DigiAsia) Retained Earnings : $-25.84 Mil (As of Dec. 2022)

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What is DigiAsia Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DigiAsia's retained earnings for the quarter that ended in Dec. 2022 was $-25.84 Mil.

DigiAsia's quarterly retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-21.59 Mil) but then declined from Dec. 2021 ($-21.59 Mil) to Dec. 2022 ($-25.84 Mil).

DigiAsia's annual retained earnings declined from Dec. 2021 ($-21.59 Mil) to Dec. 2022 ($-25.84 Mil) but then increased from Dec. 2022 ($-25.84 Mil) to Dec. 2023 ($-14.41 Mil).

DigiAsia Retained Earnings Historical Data

The historical data trend for DigiAsia'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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DigiAsia Retained Earnings Chart

DigiAsia Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-21.59

-25.84

-14.41

DigiAsia Semi-Annual Data
	Dec21	Dec22	Dec23
Retained Earnings	-21.59	-25.84	-14.41

DigiAsia 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.

DigiAsia (NAS:FAAS) 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.

DigiAsia (DigiAsia) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » DigiAsia Corp (NAS:FAAS) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

One Raffles Place, No. 28-02, Singapore, SGP, 048616

Website

https://www.digiasia.asia

DigiAsia Bios Pte Ltd operates as a holding company. The majority of DigiAsia's operations are currently conducted through its majority-owned entities, controlled entities and corporate joint venture. It is among the first embedded fintech as a service (EFaaS) companies in Indonesia serving business-to-business-to-consumer (B2B2C) customers, such as large corporations and state-owned enterprises, as well as business-to-business (B2B) customers, such as micro, small and medium-sized enterprise (MSME) merchants, across various segments. It aims to be a leading fintech-enabling platform in Southeast Asia by accelerating financial inclusion through its licenses and technology stack and combining the benefits of technological innovation with traditional financial services.