GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » dMY Squared Technology Group Inc (AMEX:DMYY) » Definitions » Retained Earnings

DMYY (dMY Squared Technology Group) Retained Earnings : $-6.85 Mil (As of Dec. 2024)


View and export this data going back to 2022. Start your Free Trial

What is dMY Squared Technology Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. dMY Squared Technology Group's retained earnings for the quarter that ended in Dec. 2024 was $-6.85 Mil.

dMY Squared Technology Group's quarterly retained earnings declined from Jun. 2024 ($-5.04 Mil) to Sep. 2024 ($-5.13 Mil) and declined from Sep. 2024 ($-5.13 Mil) to Dec. 2024 ($-6.85 Mil).

dMY Squared Technology Group's annual retained earnings increased from Dec. 2022 ($-5.18 Mil) to Dec. 2023 ($-5.08 Mil) but then declined from Dec. 2023 ($-5.08 Mil) to Dec. 2024 ($-6.85 Mil).


dMY Squared Technology Group Retained Earnings Historical Data

The historical data trend for dMY Squared Technology Group'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.

* Premium members only.

dMY Squared Technology Group Retained Earnings Chart

dMY Squared Technology Group Annual Data
Trend Dec22 Dec23 Dec24
Retained Earnings
-5.18 -5.08 -6.85

dMY Squared Technology Group Quarterly Data
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 -5.08 -4.80 -5.04 -5.13 -6.85

dMY Squared Technology Group 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.


dMY Squared Technology Group  (AMEX:DMYY) 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.


dMY Squared Technology Group Business Description

Traded in Other Exchanges
Address
80 North Town Center Drive, Suite 100, Las Vegas, NV, USA, 89144
dMY Squared Technology Group Inc is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Harry L. You director, 10 percent owner, officer: See Remarks EMC CORPORATION, 176 SOUTH STREET, HOPKINTON MA 01748
Francesca Luthi director 1180 NORTH TOWN CENTER DRIVE, SUITE 100, LAS VEGAS NV 89144
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Charles Wert director 200 PARK AVENUE, NEW YORK NY 10166
Darla Anderson director C/O GLU MOBILE INC., 875 HOWARD STREET, SUITE 100, SAN FRANCISCO CA 94103
Masi Niccolo De director, officer: Co-Chief Executive Officer 500 HOWARD ST., SUITE 300, SAN FRANCISCO CA 94105
Dmy Squared Sponsor, Llc 10 percent owner 1180 NORTH TOWN CENTER DRIVE SUITE 100, LAS VEGAS NV 89144