Apollo Strategic Growth Capital (Apollo Strategic Growth Capital) Retained Earnings : $-103.06 Mil (As of Mar. 2022)

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What is Apollo Strategic Growth Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Apollo Strategic Growth Capital's retained earnings for the quarter that ended in Mar. 2022 was $-103.06 Mil.

Apollo Strategic Growth Capital's quarterly retained earnings declined from Sep. 2021 ($-71.18 Mil) to Dec. 2021 ($-97.73 Mil) and declined from Dec. 2021 ($-97.73 Mil) to Mar. 2022 ($-103.06 Mil).

Apollo Strategic Growth Capital's annual retained earnings declined from Dec. 2019 ($-0.03 Mil) to Dec. 2020 ($-103.93 Mil) but then increased from Dec. 2020 ($-103.93 Mil) to Dec. 2021 ($-97.73 Mil).

Apollo Strategic Growth Capital Retained Earnings Historical Data

The historical data trend for Apollo Strategic Growth Capital'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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Apollo Strategic Growth Capital Retained Earnings Chart

Apollo Strategic Growth Capital Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Retained Earnings

-0.03

-103.93

-97.73

Apollo Strategic Growth Capital Quarterly Data
	Dec18	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Retained Earnings	Get a 7-Day Free Trial							0.61	1.93	-71.18	-97.73	-103.06

Apollo Strategic Growth Capital 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.

Apollo Strategic Growth Capital (NYSE:APSG) 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.

Apollo Strategic Growth Capital (Apollo Strategic Growth Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Apollo Strategic Growth Capital (NYSE:APSG) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

9 West 57th Street, 43rd Floor, New Yor, NY, USA, 10019

Website

https://www.apollostrategicgrowthcapital.com

Apollo Strategic Growth Capital is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Andrew George Crawley	officer: Chief Commercial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Guevara Manzo Gloria Rebeca	director	3950 UNIVERSITY DRIVE, SUITE 301, FAIRFAX VA 20175
Susan F Ward	director	11465 JOHNS CREEK PARKWAY, SUITE 400, JOHNS CREEK GA 30097
Expedia Group, Inc.	director, 10 percent owner	1111 EXPEDIA GROUP WAY W., SEATTLE WA 98119
Eric J. Bock	officer: See remarks	300 GALLERIA PARKWAY, NW, ATLANTA GA 30339
Evan Konwiser	officer: See remarks	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Martine Gerow	officer: Chief Financial Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Boriana Tchobanova	officer: Chief Transformation Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Mark Hollyhead	officer: President, Egencia	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Patricia Anne Huska	officer: Chief People Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Eric M. Hart	director	C/O EXPEDIA GROUP, INC., 333- 108TH AVENUE N.E., BELLEVUE WA 98004
Michael Qualantone	officer: Chief Revenue Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Paul G Abbott	director, officer: Chief Executive Officer	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Itai Wallach	director	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017
Vliet Christopher Van	officer: Vice President, Controller	C/O GLOBAL BUSINESS TRAVEL GROUP, INC., 666 THIRD AVENUE, NEW YORK NY 10017