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CCTSF (Cactus Acquisition 1) Retained Earnings : $-2.35 Mil (As of Dec. 2024)


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What is Cactus Acquisition 1 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cactus Acquisition 1's retained earnings for the quarter that ended in Dec. 2024 was $-2.35 Mil.

Cactus Acquisition 1's quarterly retained earnings declined from Jun. 2024 ($-1.13 Mil) to Sep. 2024 ($-1.35 Mil) and declined from Sep. 2024 ($-1.35 Mil) to Dec. 2024 ($-2.35 Mil).

Cactus Acquisition 1's annual retained earnings declined from Dec. 2022 ($-4.05 Mil) to Dec. 2023 ($-5.47 Mil) but then increased from Dec. 2023 ($-5.47 Mil) to Dec. 2024 ($-2.35 Mil).


Cactus Acquisition 1 Retained Earnings Historical Data

The historical data trend for Cactus Acquisition 1'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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Cactus Acquisition 1 Retained Earnings Chart

Cactus Acquisition 1 Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Retained Earnings
-3.08 -4.05 -5.47 -2.35

Cactus Acquisition 1 Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.47 -1.01 -1.13 -1.35 -2.35

Cactus Acquisition 1 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.


Cactus Acquisition 1  (OTCPK:CCTSF) 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.


Cactus Acquisition 1 Business Description

Traded in Other Exchanges
N/A
Address
4B Cedar Brook Drive, Cranbury, NJ, USA, 08512
Cactus Acquisition Corp 1 Ltd is a blank check company.
Executives
Kepos Capital Lp 10 percent owner 11 TIMES SQUARE, 35TH FLOOR, NEW YORK NY 10036
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
683 Capital Partners, Lp 10 percent owner C/O 683 CAPITAL GP, LLC, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
683 Capital Management, Llc 10 percent owner 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Ari Zweiman 10 percent owner C/O 683 CAPITAL MANAGEMENT, 1700 BROADWAY, SUITE 4200, NEW YORK NY 10019
Stephen T Wills officer: Chief Financial Officer PALATIN TECHNOLOGIES, INC., 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512
David Sidransky director JOHNS HOPKINS UNIVERSITY, 720 RUTLAND AVENUE, BALTIMORE MD 21205
Nachum Shamir director 12212 TECHNOLOGY BLVD, AUSTIN TX 78727
David Shulkin director 944 MERION SQUARE, GLADWYNE PA 19035
Ofer Gonen director, officer: Chief Executive Officer 1/3 HIGH-TECH VILLAGE, GIVAT RAM, P.O. BOX 39264, JERUSALEM L3 9139102
Cactus Healthcare Management Lp 10 percent owner 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512
Cactus Healthcare Management Llc 10 percent owner 4B CEDAR BROOK DRIVE, CRANBURY NJ 08512