Spire Global (Spire Global) Retained Earnings : $-402.6 Mil (As of Dec. 2023)

View and export this data going back to 2021. Start your Free Trial

What is Spire Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spire Global's retained earnings for the quarter that ended in Dec. 2023 was $-402.6 Mil.

Spire Global's quarterly retained earnings declined from Jun. 2023 ($-372.6 Mil) to Sep. 2023 ($-390.4 Mil) and declined from Sep. 2023 ($-390.4 Mil) to Dec. 2023 ($-402.6 Mil).

Spire Global's annual retained earnings declined from Dec. 2021 ($-249.2 Mil) to Dec. 2022 ($-338.6 Mil) and declined from Dec. 2022 ($-338.6 Mil) to Dec. 2023 ($-402.6 Mil).

Spire Global Retained Earnings Historical Data

The historical data trend for Spire Global'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.

* Premium members only.

Spire Global Retained Earnings Chart

Spire Global Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-211.15

-249.24

-338.65

-402.60

Spire Global Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial									-338.65	-356.32	-372.59	-390.38	-402.60

Spire Global 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.

Spire Global (NYSE:SPIR) 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.

Spire Global (Spire Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Business Services » Spire Global Inc (NYSE:SPIR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

EL9:Germany

Address

8000 Towers Crescent Drive, Suite 1100, Vienna, VA, USA, 22182

Website

https://www.spire.com

Spire Global Inc is a provider of space-based data, analytics, and Space Services, offering datasets and powerful insights about Earth from the ultimate vantage point of space so that organizations can make decisions with confidence, accuracy, and speed. The Company generates revenue from four solutions: Maritime, Aviation, Weather, and Space Services. It offers the following three data solutions to customers; Maritime-precise space-based data used for accurate ship monitoring, ship safety, and route optimization, Aviation-precise space-based data used for accurate aircraft monitoring, aircraft safety, and route optimization, and Weather-precise space-based data used for accurate weather forecasting.

Executives

Boyd C. Johnson	officer: CLO and Corporate Secretary	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Theresa Condor	director, officer: EVP, GM Spire Space Services	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Peter Platzer	director, officer: Chief Executive Officer	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Leonardo Basola	officer: Chief Financial Officer	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
Thomas Krywe	officer: Chief Financial Officer	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Joan Lordi Amble	director	AMERICAN EXPRESS COMPANY, 200 VESEY STREET, NEW YORK NY 10285
Jack Pearlstein	director	2525 NETWORK PLACE, HERNDON VA 20171
Dirk Hoke	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Elizabeth Ananda Martin	officer: General Counsel	8000 TOWERS CRESCENT DRIVE, SUITE 1225, VIENNA VA 22182
John F Lusk	officer: VP & GM, Global Data Services	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Keith E Johnson	officer: VP & General Manager, Federal	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William Porteous	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
Stephen Messer	director	251 RHODE ISLAND STREET, SUITE 204, SAN FRANCISCO CA 94103
William P Crowell	other: See Remarks	41343 RASPBERRY DR, LEESBURG VA 20176
Six4 Holdings, Llc	other: See Remarks	12020 SUNRISE VALLEY DRIVE, SUITE 100, RESTON VA 20191