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Kismet Acquisition Three (Kismet Acquisition Three) Retained Earnings : $-13.65 Mil (As of Mar. 2022)


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What is Kismet Acquisition Three Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Kismet Acquisition Three's retained earnings for the quarter that ended in Mar. 2022 was $-13.65 Mil.

Kismet Acquisition Three's quarterly retained earnings declined from Sep. 2021 ($-17.86 Mil) to Dec. 2021 ($-18.12 Mil) but then increased from Dec. 2021 ($-18.12 Mil) to Mar. 2022 ($-13.65 Mil).

Kismet Acquisition Three's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.01 Mil) but then declined from Dec. 2020 ($-0.01 Mil) to Dec. 2021 ($-18.12 Mil).


Kismet Acquisition Three Retained Earnings Historical Data

The historical data trend for Kismet Acquisition Three'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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Kismet Acquisition Three Retained Earnings Chart

Kismet Acquisition Three Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.01 -18.12

Kismet Acquisition Three Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Retained Earnings Get a 7-Day Free Trial -0.49 -0.38 -17.86 -18.12 -13.65

Kismet Acquisition Three 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.


Kismet Acquisition Three  (OTCPK:KIIIU) 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.


Kismet Acquisition Three (Kismet Acquisition Three) Business Description

Traded in Other Exchanges
N/A
Address
850 Library Avenue, Suite 204, Newark, DE, USA, 19715
Website
Kismet Acquisition Three Corp is a blank check company.
Executives
Ivan Tavrin director, 10 percent owner, officer: Chairman and CEO C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Clifford Tompsett director C/O KISMET ACQUISITION ONE CORP, 9 BUILDING B, LESNAYA STREET, MOSCOW 1Z 125196
Kismet Sponsor Ltd 10 percent owner 3RD FLOOR, YARMRAJ BUILDING, MARKET SQ, P.O. BOX 3175, ROAD TOWN, TORTOLA D8 VG1110
Ross Lukatsevich director C/O KISMET ACQUISITION THREE CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715
Martin Avetisyan director C/O KISMET ACQUISITION THREE CORP., 850 LIBRARY AVENUE, SUITE 204, NEWARK DE 19715