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Plum Acquisition I (Plum Acquisition I) Retained Earnings : $-19.54 Mil (As of Mar. 2024)


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What is Plum Acquisition I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Plum Acquisition I's retained earnings for the quarter that ended in Mar. 2024 was $-19.54 Mil.

Plum Acquisition I's quarterly retained earnings increased from Sep. 2023 ($-16.35 Mil) to Dec. 2023 ($-15.33 Mil) but then declined from Dec. 2023 ($-15.33 Mil) to Mar. 2024 ($-19.54 Mil).

Plum Acquisition I's annual retained earnings increased from Dec. 2021 ($-21.18 Mil) to Dec. 2022 ($-15.30 Mil) but then declined from Dec. 2022 ($-15.30 Mil) to Dec. 2023 ($-15.33 Mil).


Plum Acquisition I Retained Earnings Historical Data

The historical data trend for Plum Acquisition I'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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Plum Acquisition I Retained Earnings Chart

Plum Acquisition I Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-21.18 -15.30 -15.33

Plum Acquisition I Quarterly Data
Jan21 Jun21 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 Premium Member Only -16.01 -11.74 -16.35 -15.33 -19.54

Plum Acquisition I 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.


Plum Acquisition I  (NAS:PLMIU) 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.


Plum Acquisition I (Plum Acquisition I) Business Description

Traded in Other Exchanges
Address
2021 Fillmore Street, Suite 2089, San Francisco, CA, USA, 94115
Plum Acquisition Corp I is a blank check company.
Executives
Brian Kevin Turner director C/O MICROSOFT CORPORATION, ONE MICROSOFT WAY, REDMOND WA 98052-6399
Ursula M Burns director, 10 percent owner, officer: Executive Chairwoman 200 SE MIZNER BLVD, UNIT 703, BOCA RATON FL 33432
Jennifer Ceran director C/O QUOTIENT TECHNOLOGY INC., 400 LOGUE AVE, MOUNTAIN VIEW CA 94043
Lane Bess director C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Kelly Wright director C/O TABLEAU SOFTWARE, INC., 837 NORTH 34TH ST., SUITE 200, SEATTLE WA 98103
Alok Sama director C/O BLUERIVER ACQUSITION CORP., 250 WEST NOTTINGHAM DRIVE SUITE 400, SAN ANTONIO TX 78209
Plum Partners, Llc director, 10 percent owner 2021 FILLMORE STREET, SUITE 2089, SAN FRANCISCO CA 94115
Mike John Dinsdale director, 10 percent owner, officer: See Remarks C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Kanishka Roy director, 10 percent owner, officer: President C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Vinodka Murria director C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Clay Whitehead director, 10 percent owner, officer: Chief Executive Officer C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610

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