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Constellation Acquisition I (Constellation Acquisition I) Retained Earnings : $-18.72 Mil (As of Mar. 2024)


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What is Constellation Acquisition I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Constellation Acquisition I's retained earnings for the quarter that ended in Mar. 2024 was $-18.72 Mil.

Constellation Acquisition I's quarterly retained earnings declined from Sep. 2023 ($-16.16 Mil) to Dec. 2023 ($-17.67 Mil) and declined from Dec. 2023 ($-17.67 Mil) to Mar. 2024 ($-18.72 Mil).

Constellation Acquisition I's annual retained earnings increased from Dec. 2021 ($-20.85 Mil) to Dec. 2022 ($-12.49 Mil) but then declined from Dec. 2022 ($-12.49 Mil) to Dec. 2023 ($-17.67 Mil).


Constellation Acquisition I Retained Earnings Historical Data

The historical data trend for Constellation 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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Constellation Acquisition I Retained Earnings Chart

Constellation Acquisition I Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -20.85 -12.49 -17.67

Constellation Acquisition I Quarterly Data
Dec20 Mar21 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 Premium Member Only -14.68 -15.47 -16.16 -17.67 -18.72

Constellation 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.


Constellation Acquisition I  (OTCPK:CSTUF) 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.


Constellation Acquisition I (Constellation Acquisition I) Business Description

Traded in Other Exchanges
Address
200 Park Avenue, 32nd Floor, New York, NY, USA, 10166
Constellation Acquisition Corp I is a blank check company.
Executives
Robert Stefanowski director GLOBAL PARTNER ACQUISITION CORP II, 200 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10166
Nicole Schepanek director GLOBAL PARTNER ACQUISITION CORP II, 200 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10166
Heiko Faass director GLOBAL PARTNER ACQUISITION CORP II, 200 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10166
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Spring Creek Capital Llc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Koch Industries Inc 10 percent owner 4111 EAST 37TH STREET NORTH, WICHITA KS 67220
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Chandra R Patel director, officer: CEO, Chairman of the Board 630 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10111
Graeme B Shaw officer: Chief Technology Officer 630 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10111
Richard Charles Davis director, officer: President, Director 630 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10111
Jarett S Goldman officer: Chief Financial Officer GLOBAL PARTNER ACQUISITION CORP II, 7 RYE RIDGE PLAZA, SUITE 350, RYE BROOK NY 10573
Antarctica Endurance Manager, Llc 10 percent owner 200 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10166
Constellation Sponsor Lp 10 percent owner 200 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10166
Vesna Nevistic director 181 WESTCHESTER AVENUE, SUITE 407A, PORT CHESTER NY 10573
Hugo Banziger director 181 WESTCHESTER AVENUE, SUITE 407A, PORT CHESTER NY 10573