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CSLM Acquisition (CSLM Acquisition) Retained Earnings : $-9.03 Mil (As of Mar. 2024)


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What is CSLM Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CSLM Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-9.03 Mil.

CSLM Acquisition's quarterly retained earnings declined from Sep. 2023 ($-7.72 Mil) to Dec. 2023 ($-8.32 Mil) and declined from Dec. 2023 ($-8.32 Mil) to Mar. 2024 ($-9.03 Mil).

CSLM Acquisition's annual retained earnings declined from Dec. 2021 ($-0.05 Mil) to Dec. 2022 ($-6.49 Mil) and declined from Dec. 2022 ($-6.49 Mil) to Dec. 2023 ($-8.32 Mil).


CSLM Acquisition Retained Earnings Historical Data

The historical data trend for CSLM 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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CSLM Acquisition Retained Earnings Chart

CSLM Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.05 -6.49 -8.32

CSLM Acquisition Quarterly Data
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 -6.98 -7.20 -7.72 -8.32 -9.03

CSLM 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.


CSLM Acquisition  (NAS:CSLM) 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.


CSLM Acquisition (CSLM Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
2400 East Commercial Boulevard, Suite 900, Fort Lauderdale, FL, USA, 33308
CSLM Acquisition Corp, formerly Consilium Acquisition Corp I Ltd is a blank check company.
Executives
Cassel Charles T. Iii director, 10 percent owner, officer: CEO and CFO 3101 N. FEDERAL HIGHWAY, SUITE 502, FT. LAUDERDALE FL 33306
Jonathan Binder director, 10 percent owner, officer: Chairman C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FT. LAUDERDALE FL 33306
Consilium Acquisition Sponsor I, Llc 10 percent owner C/O WALKERS CORPORATE LIMITED, 190 ELGIN AVENUE, GEORGE TOWN, GRAND CAYMAN E9 KY1-9008
Peter Tropper director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Irakli Galauri director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Salman Alam director C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306
Faisal Ghori officer: Chief Operating Officer C/O CONSILIUM INVESTMENT MANAGEMENT, LLC, 3101 N. FEDERAL HIGHWAY, SUITE 502, FORT LAUDERDALE FL 33306