GDYN has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
GDYN has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Grid Dynamics Holdings's retained earnings for the quarter that ended in Jun. 2024 was $-20.7 Mil.
Grid Dynamics Holdings's quarterly retained earnings declined from Dec. 2023 ($-15.9 Mil) to Mar. 2024 ($-19.8 Mil) and declined from Mar. 2024 ($-19.8 Mil) to Jun. 2024 ($-20.7 Mil).
Grid Dynamics Holdings's annual retained earnings declined from Dec. 2021 ($15.1 Mil) to Dec. 2022 ($-14.1 Mil) and declined from Dec. 2022 ($-14.1 Mil) to Dec. 2023 ($-15.9 Mil).
The historical data trend for Grid Dynamics 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.
Grid Dynamics Holdings Annual Data | ||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Retained Earnings | Get a 7-Day Free Trial | 35.39 | 22.79 | 15.09 | -14.12 | -15.89 |
Grid Dynamics Holdings Quarterly Data | ||||||||||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
Retained Earnings | Get a 7-Day Free Trial | -19.46 | -18.79 | -15.89 | -19.83 | -20.65 |
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.
Grid Dynamics Holdings (NAS:GDYN) 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.
Leonard Livschitz | director, officer: Chief Executive Officer | C/O GRID DYNAMICS HOLDINGS INC, 5000 EXECUTIVE PARKWAY SUITE 250, SAN RAMON CA 94583 |
Beijing Teamsun Technology Co. Ltd. | 10 percent owner | ROOM 501, 5/F., NO. 23 BUILDING, 10 E.BLOCK XIBEIWANG E. RD, HAIDIAN DIST, BEIJING F4 0000000 |
Anil Doradla | officer: Chief Financial Officer | C/O AIRGAIN, INC., 3611 VALLEY CENTRE DRIVE, SUITE 150, SAN DIEGO CA 92130 |
Shuo Zhang | director | 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583 |
Patrick Nicolet | director | C/O GRID DYNAMICS HOLDINGS. INC., 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583 |
Lloyd Carney | director | C/O MICROMUSE INC, 139 TOWNSEND ST, SAN FRANCISCO CA 94107 |
Stan Klimoff | officer: VP of Corporate Development | C/O GRID DYNAMICS HOLDINGS, INC., 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583 |
Eric Benhamou | director | 350 CAMPUS DRIVE, MARLBOROUGH MA 01752 |
Yueou Wang | director | 5000 EXECUTIVE PARKWAY, SUITE 520, SAN RAMON CA 94583 |
Marina Levinson | director | C/O ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588 |
Vadim Kozyrkov | officer: SVP of Engineering | C/O GRID DYNAMICS HOLDINGS INC, 5000 EXECUTIVE PARKWAY SUITE 520, SAN RAMON CA 94583 |
Gdb International Investment Ltd | 10 percent owner | 15/F, TOPSAIL PLAZA, 11 ON SUM STREET, SHATIN K3 00000 |
Gdd International Holding Co | 10 percent owner | 15/F, TOPSAIL PLAZA, 11 ON SUM STREET, SHATIN K3 00000 |
Teamsun Technology (hk) Ltd | 10 percent owner | UNIT 907, 9TH FLOOR, TAI YAU BUILDING, 181 JOHNSTON ROAD, WANCHAI K3 00000 |
Automated Systems Holdings Ltd | 10 percent owner | 15/F, TOPSAIL PLAZA, 11 ON SUM STREET, SHATIN K3 00000 |
From GuruFocus
By GuruFocus Research • 02-07-2024
By Business Wire • 05-20-2024
By GuruFocus Research • 02-07-2024
By GuruFocus Research • 09-09-2024
By Business Wire • 04-15-2024
By ACCESSWIRE • 03-14-2024
By Business Wire • 06-19-2024
By GuruFocus Research • 02-07-2024
By Business Wire • 06-24-2024
By Business Wire • 06-06-2024
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.