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Kairous Acquisition (Kairous Acquisition) Retained Earnings : $-5.54 Mil (As of Mar. 2024)


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What is Kairous Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kairous Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-5.54 Mil.

Kairous Acquisition's quarterly retained earnings declined from Sep. 2023 ($-4.72 Mil) to Dec. 2023 ($-5.24 Mil) and declined from Dec. 2023 ($-5.24 Mil) to Mar. 2024 ($-5.54 Mil).

Kairous Acquisition's annual retained earnings declined from Jun. 2021 ($-0.01 Mil) to Jun. 2022 ($-2.23 Mil) and declined from Jun. 2022 ($-2.23 Mil) to Jun. 2023 ($-4.00 Mil).


Kairous Acquisition Retained Earnings Historical Data

The historical data trend for Kairous 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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Kairous Acquisition Retained Earnings Chart

Kairous Acquisition Annual Data
Trend Jun21 Jun22 Jun23
Retained Earnings
-0.01 -2.23 -4.00

Kairous Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -3.78 -4.00 -4.72 -5.24 -5.54

Kairous 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.


Kairous Acquisition  (NAS:KACL) 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.


Kairous Acquisition (Kairous Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
No. 685, Jalan Damansara, Unit 9-3, Oval Tower @ Damansara, Taman Tun Dr. Ismail, Kuala Lumpur, MYS, 60000
Kairous Acquisition Corp Ltd is a blank check company.
Executives
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Hong Leong Chee director UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000
Kim Kiat Ng director UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000
Siak Keng Ang director UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000
Kairous Asia Ltd 10 percent owner UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000
Wang Cheung Wang Philip officer: Chief Financial Officer UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000
Hsien-chieng Steve Hsia director UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000
Lee Moh Hon Joseph director, officer: Chief Executive Officer UNIT 9-3, OVAL TOWER @ DAMANSARA NO. 685, JALAN DAMANSARA, TAMAN TUN DR. ISMAIL, KUALA LAMPUR N8 60000

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