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APx Acquisition I (APx Acquisition I) Retained Earnings : $-0.83 Mil (As of Sep. 2023)


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What is APx Acquisition I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. APx Acquisition I's retained earnings for the quarter that ended in Sep. 2023 was $-0.83 Mil.

APx Acquisition I's quarterly retained earnings declined from Mar. 2023 ($-2.20 Mil) to Jun. 2023 ($-4.39 Mil) but then increased from Jun. 2023 ($-4.39 Mil) to Sep. 2023 ($-0.83 Mil).

APx Acquisition I's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-17.18 Mil) and increased from Dec. 2021 ($-17.18 Mil) to Dec. 2022 ($-0.55 Mil).


APx Acquisition I Retained Earnings Historical Data

The historical data trend for APx Acquisition I'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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APx Acquisition I Retained Earnings Chart

APx Acquisition I Annual Data
Trend Dec21 Dec22
Retained Earnings
-17.18 -0.55

APx Acquisition I Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial -1.22 -0.55 -2.20 -4.39 -0.83

APx Acquisition I 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.


APx Acquisition I  (NAS:APXIU) 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.


APx Acquisition I (APx Acquisition I) Business Description

Traded in Other Exchanges
Address
Juan Salvador Agraz 65, Contadero, Cuajimalpa de Morelos, Mexico, MEX, 05370
APx Acquisition Corp I is a newly incorporated blank check company.