Crown PropTech Acquisitions (Crown PropTech Acquisitions) Retained Earnings : $-12.65 Mil (As of Jun. 2023)

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What is Crown PropTech Acquisitions Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crown PropTech Acquisitions's retained earnings for the quarter that ended in Jun. 2023 was $-12.65 Mil.

Crown PropTech Acquisitions's quarterly retained earnings declined from Dec. 2022 ($-11.04 Mil) to Mar. 2023 ($-13.00 Mil) but then increased from Mar. 2023 ($-13.00 Mil) to Jun. 2023 ($-12.65 Mil).

Crown PropTech Acquisitions's annual retained earnings declined from Dec. 2020 ($-0.01 Mil) to Dec. 2021 ($-21.85 Mil) but then increased from Dec. 2021 ($-21.85 Mil) to Dec. 2022 ($-11.04 Mil).

Crown PropTech Acquisitions Retained Earnings Historical Data

The historical data trend for Crown PropTech Acquisitions'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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Crown PropTech Acquisitions Retained Earnings Chart

Crown PropTech Acquisitions Annual Data

Trend

Dec20

Dec21

Dec22

Retained Earnings

-0.01

-21.85

-11.04

Crown PropTech Acquisitions Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
Retained Earnings	Get a 7-Day Free Trial						-18.70	-18.12	-11.04	-13.00	-12.65

Crown PropTech Acquisitions 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.

Crown PropTech Acquisitions (NYSE:CPTK) 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.

Crown PropTech Acquisitions (Crown PropTech Acquisitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Crown PropTech Acquisitions (NYSE:CPTK) » Definitions » Retained Earnings

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Traded in Other Exchanges

CPTK.U:USA

Address

28 West 25th Street, Floor 6, New York, NY, USA, 10010

Website

https://www.crownproptech.com

Crown PropTech Acquisitions is a blank check company.

Executives

Gavin Cuneo	officer: Co-Chief Executive Officer	40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Michael Minnick	10 percent owner, officer: Co-Chief Executive Officer	40 WEST 57TH STREET FLOOR 29, NEW YORK NY 10019
Ciig Management Iii Llc	10 percent owner	40 WEST 57TH STREET, 29TH FLOOR, NEW YORK NY 10019
Van Paasschen Frits D	director	C/O STARWOOD HOTELS & RESORTS WORLDWIDE, 1111 WESTCHESTER AVENUE, WHITE PLAINS NY 10604
Stephen B Siegel	director	200 PARK AVE, NEW YORK NY 10166
Pius Sprenger	director, officer: Chief Financial Officer	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Melissa Holladay	director	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Martin Enderle	director	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Richard Chera	director, officer: Chief Executive Officer	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON AVENUE, 12TH FLOOR, NEW YORK NY 10065
Crown Proptech Sponsor, Llc	10 percent owner	C/O CROWN PROPTECH ACQUISITIONS, 667 MADISON A VENUE, 12TH FLOOR, NEW YORK NY 10065