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Bullpen Parlay Acquisition Co (Bullpen Parlay Acquisition Co) Retained Earnings : $-9.48 Mil (As of Mar. 2023)


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What is Bullpen Parlay Acquisition Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bullpen Parlay Acquisition Co's retained earnings for the quarter that ended in Mar. 2023 was $-9.48 Mil.

Bullpen Parlay Acquisition Co's quarterly retained earnings increased from Sep. 2022 ($-9.76 Mil) to Dec. 2022 ($-8.75 Mil) but then declined from Dec. 2022 ($-8.75 Mil) to Mar. 2023 ($-9.48 Mil).

Bullpen Parlay Acquisition Co's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-22.54 Mil) and increased from Dec. 2021 ($-22.54 Mil) to Dec. 2022 ($-8.75 Mil).


Bullpen Parlay Acquisition Co Retained Earnings Historical Data

The historical data trend for Bullpen Parlay Acquisition Co'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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Bullpen Parlay Acquisition Co Retained Earnings Chart

Bullpen Parlay Acquisition Co Annual Data
Trend Dec21 Dec22
Retained Earnings
-22.54 -8.75

Bullpen Parlay Acquisition Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -15.40 -11.35 -9.76 -8.75 -9.48

Bullpen Parlay Acquisition Co 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.


Bullpen Parlay Acquisition Co  (NAS:BPAC) 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.


Bullpen Parlay Acquisition Co (Bullpen Parlay Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
38 Keyes Ave, Suite 100, San Francisco, CA, USA, 94129
Bullpen Parlay Acquisition Co is a blank check company. It is formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.
Executives
Les Ottolenghi director ONE CAESARS PALACE DRIVE, LAS VEGAS NV 89109
Duncan M Davidson officer: Executive Vice President 47 LINDA VISTA AVE, ATHERTON CA 94027
Bpac Partners Llc 10 percent owner C/O BULLPEN CAPITAL, 215 2ND ST, SAN FRANCISCO CA 94105
Paul Martino director, officer: Executive Chairman C/O BULLPEN CAPITAL, ATTN: PAUL MARTINO, 215 2ND ST, SAN FRANCISCO CA 94105
David Vanegmond director, officer: Chief Executive Officer C/O BULLPEN PARLAY ACQUISITION, 215 2ND ST, FLOOR 3, SAN FRANCISCO CA 94105
Eric Wiesen officer: President C/O BULLPEN CAPITAL, ATTN: ERIC WIESEN, 215 2ND ST, SAN FRANCISCO CA 94105
Melissa Blau director C/O BULLPEN CAPITAL, ATTN: M. BLAU, 215 2ND ST, SAN FRANCISCO CA 94105
Brett Calapp director C/O BULLPEN CAPITAL, ATTN: B. CALAPP, 215 2ND ST, SAN FRANCISCO CA 94105