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Authentic Equity Acquisition (Authentic Equity Acquisition) Retained Earnings : $-9.55 Mil (As of Sep. 2022)


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What is Authentic Equity Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Authentic Equity Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-9.55 Mil.

Authentic Equity Acquisition's quarterly retained earnings increased from Mar. 2022 ($-13.86 Mil) to Jun. 2022 ($-10.51 Mil) and increased from Jun. 2022 ($-10.51 Mil) to Sep. 2022 ($-9.55 Mil).

Authentic Equity Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.03 Mil) but then declined from Dec. 2020 ($-0.03 Mil) to Dec. 2021 ($-18.04 Mil).

Authentic Equity Acquisition Retained Earnings Historical Data

The historical data trend for Authentic Equity 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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Authentic Equity Acquisition Retained Earnings Chart

Authentic Equity Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.03 -18.04

Authentic Equity Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only -20.15 -18.04 -13.86 -10.51 -9.55

Authentic Equity 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.

Authentic Equity Acquisition  (NAS:AEAC) 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.

Authentic Equity Acquisition (Authentic Equity Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Authentic Equity Acquisition Corp (NAS:AEAC) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
32 Elm Place, 2nd Floor, Rye, NY, USA, 10580
Website
https://www.authenticequityacquisitioncorp.com
Authentic Equity Acquisition Corp is a blank check company.
Executives
Robert Ernst director 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Todd Khoury director, officer: Chief Financial Officer 245 PARK AVENUE, 41ST FLOOR, NEW YORK NY 10167
Michael Feder Weinstein director 8111 SMITH'S MILL ROAD, NEW ALBANY OH 43054
Thomas J Flocco director, officer: President and COO 256 SHERIDAN ROAD, WINNETKA IL 60093
Timothy P O'connor director C/O LOJACK CORPORATION, WESTWOOD MA 020090
Authentic Equity Sponsor Llc 10 percent owner 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Kathleen Griffin Stack director C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
David Hooper director, officer: Chairman and CEO C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580
Joseph Andrew Baker director C/O AUTHENTIC EQUITY, 32 ELM PLACE, 2ND FLOOR, RYE NY 10580