Better World Acquisition (Better World Acquisition) Retained Earnings : $-5.07 Mil (As of Mar. 2023)

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What is Better World Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Better World Acquisition's retained earnings for the quarter that ended in Mar. 2023 was $-5.07 Mil.

Better World Acquisition's quarterly retained earnings declined from Sep. 2022 ($-3.17 Mil) to Dec. 2022 ($-3.75 Mil) and declined from Dec. 2022 ($-3.75 Mil) to Mar. 2023 ($-5.07 Mil).

Better World Acquisition's annual retained earnings increased from Dec. 2020 ($-5.49 Mil) to Dec. 2021 ($-4.65 Mil) and increased from Dec. 2021 ($-4.65 Mil) to Dec. 2022 ($-3.75 Mil).

Better World Acquisition Retained Earnings Historical Data

The historical data trend for Better World 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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Better World Acquisition Retained Earnings Chart

Better World Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

Retained Earnings

-5.49

-4.65

-3.75

Better World Acquisition Quarterly Data
	Jul20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Retained Earnings	Get a 7-Day Free Trial						-4.27	-3.85	-3.17	-3.75	-5.07

Better World 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.

Better World Acquisition (OTCPK:BWACU) 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.

Better World Acquisition (Better World Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Better World Acquisition Corp (OTCPK:BWACU) » Definitions » Retained Earnings

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Traded in Other Exchanges

N/A

Address

775 Park Avenue, New York, NY, USA, 10021

Website

Better World Acquisition Corp is a blank check company.

Executives

Robert M Chiste	director	120 EAGLE ROCK AVENUE SUITE 190, EAST HANOVER NJ 07936
Bradford Scovill Oberwager	director	340 S. LEMON AVE. #5445, WALNUT CA 91789
Grubstein Peter S H	director, 10 percent owner, officer: Chief Financial Officer
Kristopher A Wood	director	11360 LAKE FIELD DRIVE, DULUTH GA 30097
Bwa Holdings Llc	10 percent owner	1177 AVENUE OF THE AMERICAS 18TH FLOOR, NEW YORK NY 10036
Rosemary L Ripley	director, officer: Chief Executive Officer	733 THIRD AVENUE, NEW YORK NY 10017
Shay Murphy	officer: Vice President	733 THIRD AVENUE, NEW YORK NY 10017
Jennifer Prosek	director	733 THIRD AVENUE, NEW YORK NY 10017