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M3 Brigade Acquisition II (M3 Brigade Acquisition II) Retained Earnings : $-19.57 Mil (As of Sep. 2023)


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What is M3 Brigade Acquisition II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. M3 Brigade Acquisition II's retained earnings for the quarter that ended in Sep. 2023 was $-19.57 Mil.

M3 Brigade Acquisition II's quarterly retained earnings increased from Mar. 2023 ($-19.57 Mil) to Jun. 2023 ($-19.04 Mil) but then declined from Jun. 2023 ($-19.04 Mil) to Sep. 2023 ($-19.57 Mil).

M3 Brigade Acquisition II's annual retained earnings declined from Dec. 2020 ($0.00 Mil) to Dec. 2021 ($-45.37 Mil) but then increased from Dec. 2021 ($-45.37 Mil) to Dec. 2022 ($-15.51 Mil).


M3 Brigade Acquisition II Retained Earnings Historical Data

The historical data trend for M3 Brigade Acquisition II'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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M3 Brigade Acquisition II Retained Earnings Chart

M3 Brigade Acquisition II Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
- -45.37 -15.51

M3 Brigade Acquisition II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -15.75 -15.51 -19.57 -19.04 -19.57

M3 Brigade Acquisition II 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.


M3 Brigade Acquisition II  (NYSE:MBAC.U) 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.


M3 Brigade Acquisition II (M3 Brigade Acquisition II) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, 19th Floor, New York, NY, USA, 10019
M3 Brigade Acquisition II Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Mohsin Y Meghji director, 10 percent owner C/O LOUGHLIN MEGHJI + COMPANY, NEW YORK NY 10016
John Paul Roehm director 8440 WOODFIELD CROSSING BLVD., SUITE 500, INDIANAPOLIS IN 46240
Garner Charles Hugh Farkas officer: EVP and Secretary 3 COLUMBUS CIRCLE, NEW YORK NY 10019
William C Gallagher officer: Executive Vice President C/O WMIH CORP., 800 FIFTH AVENUE, SUITE 4222, SEATTLE WA 98104
Dale R Gerard director C/O VIVINT SMART HOME, INC., 4931 NORTH 300 WEST, PROVO UT 84604
Frank M Garrison director C/O OVERTON CAPITAL LLC, 3100 WEST END AVENUE, SUITE 1230, NASHVILLE TN 37203
M3 Sponsor Ii Lp 10 percent owner 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036
Aaron Yeary director C/O M3 ACQUISITION, 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036
Steven Vincent director C/O M3 ACQUISITION, 130 WEST 42ND STREET, 17TH FLOOR, NEW YORK NY 10036