GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Catcha Investment Corp (AMEX:CHAA) » Definitions » Retained Earnings

Catcha Investment (Catcha Investment) Retained Earnings : $-8.54 Mil (As of Sep. 2023)


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

What is Catcha Investment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Catcha Investment's retained earnings for the quarter that ended in Sep. 2023 was $-8.54 Mil.

Catcha Investment's quarterly retained earnings declined from Mar. 2023 ($-13.26 Mil) to Jun. 2023 ($-13.70 Mil) but then increased from Jun. 2023 ($-13.70 Mil) to Sep. 2023 ($-8.54 Mil).

Catcha Investment's annual retained earnings declined from Dec. 2020 ($-0.01 Mil) to Dec. 2021 ($-18.86 Mil) but then increased from Dec. 2021 ($-18.86 Mil) to Dec. 2022 ($-11.24 Mil).


Catcha Investment Retained Earnings Historical Data

The historical data trend for Catcha Investment'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.

Catcha Investment Retained Earnings Chart

Catcha Investment Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
-0.01 -18.86 -11.24

Catcha Investment 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 -11.37 -11.24 -13.26 -13.70 -8.54

Catcha Investment 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.


Catcha Investment  (AMEX:CHAA) 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.


Catcha Investment (Catcha Investment) Business Description

Traded in Other Exchanges
N/A
Address
8 Temasek Boulevard, Level 42, Suntec Tower Three, Singapore, SGP, 038988
Catcha Investment Corp is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.
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
James A Graf director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Catcha Holdings Llc 10 percent owner 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Richard Alan Hess director C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Patrick Grove director, 10 percent owner, officer: Chief Executive Officer C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Lucas Robert Elliott director, 10 percent owner, officer: President C/O CATCHA INVESTMENT, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005
Wai Kit Wong officer: Chief Financial Officer C/O CATCHA INVESTMENTS, 45-7 THE BOULEVARD, MID VALLEY CITY, KUALA LUMPUR N8 592005