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Americas Technology Acquisition (Americas Technology Acquisition) Retained Earnings : $-4.02 Mil (As of Sep. 2022)


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What is Americas Technology Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Americas Technology Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-4.02 Mil.

Americas Technology Acquisition's quarterly retained earnings declined from Mar. 2022 ($-2.77 Mil) to Jun. 2022 ($-3.65 Mil) and declined from Jun. 2022 ($-3.65 Mil) to Sep. 2022 ($-4.02 Mil).

Americas Technology Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-3.87 Mil) and increased from Dec. 2020 ($-3.87 Mil) to Dec. 2021 ($-1.91 Mil).


Americas Technology Acquisition Retained Earnings Historical Data

The historical data trend for Americas Technology Acquisition'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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Americas Technology Acquisition Retained Earnings Chart

Americas Technology Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
-3.87 -1.91

Americas Technology Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only -1.73 -1.91 -2.77 -3.65 -4.02

Americas Technology Acquisition 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.


Americas Technology Acquisition  (NYSE:ATA) 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.


Americas Technology Acquisition (Americas Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
16400 Dallas Parkway, Suite 305, Dallas, TX, USA, 75248
Americas Technology Acquisition Corp is a blank check company.
Executives
Antonio O Garza director 500 W. ILLINOIS, SUITE 100, MIDLAND TX 79701
Royce E. Wilson director C/O SEACHANGE INTERNATIONAL, INC., 50 NAGOG PARK, ACTON MA 01720
Alberto Pontonio director 1049 PARK AVE 14A, NEW YORK NY 10028
Atac Limited Partnership 10 percent owner 16400 DALLAS PKWY #305, DALLAS TX 75248
Maurizio Angelone director 16400 DALLAS PKWY #305, DALLAS TX 75248
Juan Pablo Visoso officer: Chief Financial Officer 16400 DALLAS PKWY #305, DALLAS TX 75248
Jorge Marcos officer: Chief Executive Officer 16400 DALLAS PKWY #305, DALLAS TX 75248
Atac Holdings Llc/de 10 percent owner 16400 DALLAS PKWY #305, DALLAS TX 75248
Lisa Stewart Harris director 16400 DALLAS PKWY #305, DALLAS TX 75248

Americas Technology Acquisition (Americas Technology Acquisition) Headlines

From GuruFocus

Americas Technology Acquisition Corp. Announces Liquidation

By Value_Insider Value_Insider 12-13-2022