Vy Global Growth (NYSE:VYGG) Retained Earnings

: $-24.75 Mil (As of Jun. 2022)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vy Global Growth's retained earnings for the quarter that ended in Jun. 2022 was $-24.75 Mil.

Vy Global Growth's quarterly retained earnings increased from Dec. 2021 ($-44.21 Mil) to Mar. 2022 ($-35.13 Mil) and increased from Mar. 2022 ($-35.13 Mil) to Jun. 2022 ($-24.75 Mil).

Vy Global Growth's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-62.65 Mil) and increased from Dec. 2020 ($-62.65 Mil) to Dec. 2021 ($-44.21 Mil).

Vy Global Growth Retained Earnings Historical Data

The historical data trend for Vy Global Growth'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.

* Premium members only.

Vy Global Growth Annual Data

Trend

Dec20

Dec21

Retained Earnings

-62.65

-44.21

Vy Global Growth Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22
Retained Earnings			-13.56	-48.18	-44.21	-35.13	-24.75

Vy Global Growth 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.

Vy Global Growth (NYSE:VYGG) 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.

Vy Global Growth (NYSE:VYGG) Business Description

Industry

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VYGG.WS:USA VYGG.U:USA

Address

Willow House, Cricket Square, Floor 4, Grand Cayman, CYM, KY1-9010

Website

https://www.vygg.com

Vy Global Growth is a blank check company.

Executives

Javier Olivan	director	62 RIDGE VIEW DRIVE, ATHERTON X1 94027
Julia Herendeen	director	25 FIRST STREET, 2ND FLOOR, CAMBRIDGE MA 02141
John Hering	director, officer: Chief Executive Officer	FLOOR 4 WILLOW HOUSE, CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Hugo Barra	director	FLOOR 4, WILLOW HOUSE, CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Alexander Tamas	director, officer: Chairman	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Sujay Jaswa	director	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Justin Kan	director	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Katja Lake	officer: Chief Financial Officer	FLOOR 4 WILLOW HOUSE CRICKET SQ, GRAND CAYMAN E9 KY1-9010
Daniel Schwarz	officer: Chief Operating Officer	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Vy Global Growth Management Co.	10 percent owner	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-9010
Steve Ladd Huffman	director	FLOOR 4, WILLOW HOUSE, CRICKET SQUARE, GRAND CAYMAN E9 KY1-901-