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Aurora Technology Acquisition (Aurora Technology Acquisition) Retained Earnings : $-11.11 Mil (As of Sep. 2023)


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What is Aurora Technology Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aurora Technology Acquisition's retained earnings for the quarter that ended in Sep. 2023 was $-11.11 Mil.

Aurora Technology Acquisition's quarterly retained earnings declined from Mar. 2023 ($-9.52 Mil) to Jun. 2023 ($-10.47 Mil) and declined from Jun. 2023 ($-10.47 Mil) to Sep. 2023 ($-11.11 Mil).

Aurora Technology Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-0.01 Mil) but then declined from Dec. 2021 ($-0.01 Mil) to Dec. 2022 ($-7.62 Mil).


Aurora Technology Acquisition Retained Earnings Historical Data

The historical data trend for Aurora Technology Acquisition'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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Aurora Technology Acquisition Retained Earnings Chart

Aurora Technology Acquisition Annual Data
Trend Dec21 Dec22
Retained Earnings
-0.01 -7.62

Aurora Technology Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial -7.07 -7.62 -9.52 -10.47 -11.11

Aurora Technology Acquisition 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.


Aurora Technology Acquisition  (NAS:ATAK) 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.


Aurora Technology Acquisition (Aurora Technology Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4 Embarcadero Center, Suite 1449, San Francisco, CA, USA, 94105
Aurora Technology Acquisition Corp is a blank check company.
Executives
Atac Sponsor Llc 10 percent owner 4 EMBARCADERO CENTER SUITE 1449, SAN FRANCISCO CA 94105
Zachary Wang director, 10 percent owner, officer: CEO 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Cathryn Chen director, 10 percent owner, officer: COO 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Yida Gao director, 10 percent owner, officer: CFO 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
James Woolery director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Max Baucus director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Alec Hartman director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Sam Yam director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105
Paul Asquith director 4 EMBARCADERO CENTER, SUITE 1449, SAN FRANCISCO CA 94105

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