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APXI (APx Acquisition I) Retained Earnings : $-4.85 Mil (As of Sep. 2024)


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What is APx Acquisition I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. APx Acquisition I's retained earnings for the quarter that ended in Sep. 2024 was $-4.85 Mil.

APx Acquisition I's quarterly retained earnings declined from Mar. 2024 ($-5.05 Mil) to Jun. 2024 ($-5.75 Mil) but then increased from Jun. 2024 ($-5.75 Mil) to Sep. 2024 ($-4.85 Mil).

APx Acquisition I's annual retained earnings increased from Dec. 2021 ($-17.18 Mil) to Dec. 2022 ($-0.55 Mil) but then declined from Dec. 2022 ($-0.55 Mil) to Dec. 2023 ($-1.62 Mil).


APx Acquisition I Retained Earnings Historical Data

The historical data trend for APx 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.

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APx Acquisition I Retained Earnings Chart

APx Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-17.18 -0.55 -1.62

APx Acquisition I Quarterly Data
Sep21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.83 -1.62 -5.05 -5.75 -4.85

APx 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.


APx Acquisition I  (NAS:APXI) 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.


APx Acquisition I Business Description

Traded in Other Exchanges
N/A
Address
714 Westview Avenue, Nashville, TN, USA, 05370
APx Acquisition Corp I is a newly incorporated blank check company.
Executives
David Proman director C/O FIR TREE INC., 55 WEST 46TH STREET, 29TH FLOOR, NEW YORK NY 10036
Diego Dayenoff director 80 RIVERSIDE BOULEVARD 1F, NEW YORK NY 10069
Alfredo Vara Alonso director JUAN SALADOR AGRAZ 65 P 9, CONTADERO CUAJIMALPA DE MORE, MEXICO CITY O5 05370
Daniel Braatz director, officer: Chief Executive Officer JUAN SALVADOR AGRAZ 65, CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370
Apx Cap Sponsor Group I, Llc 10 percent owner PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KYL-1104
Angel Losada Moreno director CALLE EJERCITO NAC NO 769 TORRE B PISO, 8 COLONIA GRANA DELEGACION MIGUEL HIDALG, CIUDAD DE MEXICO O5 CP 11520
Xavier Martinez officer: Chief Financial Officer JUAN SALVADOR AGRAZ 65 CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370
Apx Cap Holdings I, Llc 10 percent owner JUAN SALVADOR AGRAZ 65, CONTADERO, CUAJIMALPA DE MORELOS, MEXICO CITY O5 05370