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AIB Acquisition (AIB Acquisition) Retained Earnings : $-5.68 Mil (As of Mar. 2024)


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What is AIB Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AIB Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-5.68 Mil.

AIB Acquisition's quarterly retained earnings declined from Sep. 2023 ($-4.51 Mil) to Dec. 2023 ($-5.11 Mil) and declined from Dec. 2023 ($-5.11 Mil) to Mar. 2024 ($-5.68 Mil).

AIB Acquisition's annual retained earnings declined from Dec. 2021 ($-0.02 Mil) to Dec. 2022 ($-3.08 Mil) and declined from Dec. 2022 ($-3.08 Mil) to Dec. 2023 ($-5.11 Mil).


AIB Acquisition Retained Earnings Historical Data

The historical data trend for AIB 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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AIB Acquisition Retained Earnings Chart

AIB Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.02 -3.08 -5.11

AIB Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -3.52 -4.13 -4.51 -5.11 -5.68

AIB 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.


AIB Acquisition  (OTCPK:AIBAF) 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.


AIB Acquisition (AIB Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, Suite M204A, New York, NY, USA, 10022
Website
AIB Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Merry Tang director GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840
Jie Gao officer: Chief Financial Officer 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
David Knower director C/O VISTAS ACQUISITION COMPANY II INC., 30 WALL STREET, 8TH FLOOR, NEW YORK NY 10005
Eric Yi-chung Chen director, 10 percent owner, officer: Chief Executive Officer 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
Axel Hoerger director 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
David Issac Adelman director 875 3RD AVENUE SUITE M204A, NEW YORK NY 10022
Aib Llc 10 percent owner 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022