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Gesher I Acquisition (Gesher I Acquisition) Retained Earnings : $-6.73 Mil (As of Sep. 2022)


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What is Gesher I Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gesher I Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-6.73 Mil.

Gesher I Acquisition's quarterly retained earnings declined from Mar. 2022 ($-3.94 Mil) to Jun. 2022 ($-5.61 Mil) and declined from Jun. 2022 ($-5.61 Mil) to Sep. 2022 ($-6.73 Mil).

Gesher I Acquisition's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Sep. 2022 ($-6.73 Mil).


Gesher I Acquisition Retained Earnings Historical Data

The historical data trend for Gesher I 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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Gesher I Acquisition Retained Earnings Chart

Gesher I Acquisition Annual Data
Trend Sep22
Retained Earnings
-6.73

Gesher I Acquisition Quarterly Data
Feb21 Jun21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial -0.01 -3.23 -3.94 -5.61 -6.73

Gesher I 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.


Gesher I Acquisition  (NAS:GIAC) 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.


Gesher I Acquisition (Gesher I Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
28 HaArba'a Street, Hagag Towers, North Tower, Floor 24, Tel Aviv, ISR
Gesher I Acquisition Corp is a blank check company. It is formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses. The company not only focuses on particular industry or geographic location, it focuses on the search for target businesses in the Cannabis industry.
Executives
Noah G. Levy director 60 EAST 42ND ST, 9TH FLOOR, NEW YORK NY 10165
Philip R Broenniman director C/O CSS INDUSTRIES, INC., 450 PLYMOUTH ROAD, SUITE 300, PLYMOUTH MEETING PA 19462
Eugene Dozortsev director C/O COLLECTIVE GROWTH CORPORATION, 1805 WEST AVENUE, AUSTIN TX 78701
Ezra Gardner director, 10 percent owner, officer: Chief Executive Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Gesher I Sponsor Llc 10 percent owner HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Chris Coward officer: Chief Financial Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925
Omri Cherni director, 10 percent owner, officer: Chief Operating Officer HAGAG TOWERS NORTH TOWER, FLOOR 24, HAARBA 28, TEL AVIV L3 6473925

Gesher I Acquisition (Gesher I Acquisition) Headlines

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