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ANZUU (Anzu Special Acquisition I) Retained Earnings : $-20.79 Mil (As of Jun. 2023)


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What is Anzu Special Acquisition I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Anzu Special Acquisition I's retained earnings for the quarter that ended in Jun. 2023 was $-20.79 Mil.

Anzu Special Acquisition I's quarterly retained earnings declined from Dec. 2022 ($-17.92 Mil) to Mar. 2023 ($-19.22 Mil) and declined from Mar. 2023 ($-19.22 Mil) to Jun. 2023 ($-20.79 Mil).

Anzu Special Acquisition I's annual retained earnings declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-36.72 Mil) but then increased from Dec. 2021 ($-36.72 Mil) to Dec. 2022 ($-17.92 Mil).

Anzu Special Acquisition I Retained Earnings Historical Data

The historical data trend for Anzu Special 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.

* Premium members only.

Anzu Special Acquisition I Retained Earnings Chart

Anzu Special Acquisition I Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
- -36.72 -17.92

Anzu Special Acquisition I Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.45 -17.35 -17.92 -19.22 -20.79

Anzu Special 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.

Anzu Special Acquisition I  (NAS:ANZUU) 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.

Anzu Special Acquisition I Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Anzu Special Acquisition Corp I (NAS:ANZUU) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
12610 Race Track Road, Suite 250, Tampa, FL, USA, 33626
Website
https://www.anzuspac.com
Anzu Special Acquisition Corp I is a blank check company.
Executives
Charles Brynelsen director 100 ABBOTT PARK ROAD, ABBOTT PARK IL 60064
Mona Chetan Patel director C/O 4875 WHITE BEAR LAKE PARKWAY, WHITE BEAR LAKE MN 55110
Janis Smith-gomez director C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
Brent T. Lucas director, officer: Chief Executive Officer C/O 4875 WHITE BEAR PARKWAY, WHITE BEAR LAKE MN 55110
David R. Wells officer: Chief Financial Officer 2801 OCEAN PARK BLVD., SUITE 339, SANTA MONICA CA 90405
Glen A Taylor director, 10 percent owner C/O TAYLOR CORP, 1725 ROE CREST DR, N MANKALO MN 56002
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Daniel J. Hirsch director, officer: CFO and Corporate Secretary 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Diane L Dewbrey director FIFTH THIRD BANCORP, 38 FOUNTAIN SQ PLZ, CINCINNATI OH 45263
Peter Ganz officer: GC and Corporate Secretary C/O FOSTER WHEELER LTD., PERRYVILLE CORPORATE PARK, CLINTON NJ 08809-4000
Teresa A Harris director 1820 E BIG BEAVER RD, TROY MI 48083
Susan Kantor director C/O LIONBRIDGE TECHNOLOGIES, INC., 1050 WINTER STREET, SUITE 2300, WALTHAM MA 02451
Anzu Spac Gp I Llc 10 percent owner 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626
Whitney Haring-smith director, officer: Chief Executive Officer 12610 RACE TRACT ROAD, SUITE 250, TAMPA FL 33626