Papaya Growth Opportunity I (Papaya Growth Opportunity I) Retained Earnings : $-20.53 Mil (As of Dec. 2023)

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What is Papaya Growth Opportunity I Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Papaya Growth Opportunity I's retained earnings for the quarter that ended in Dec. 2023 was $-20.53 Mil.

Papaya Growth Opportunity I's quarterly retained earnings declined from Jun. 2023 ($-17.88 Mil) to Sep. 2023 ($-20.04 Mil) and declined from Sep. 2023 ($-20.04 Mil) to Dec. 2023 ($-20.53 Mil).

Papaya Growth Opportunity I's annual retained earnings declined from Dec. 2021 ($-0.03 Mil) to Dec. 2022 ($-11.25 Mil) and declined from Dec. 2022 ($-11.25 Mil) to Dec. 2023 ($-20.53 Mil).

Papaya Growth Opportunity I Retained Earnings Historical Data

The historical data trend for Papaya Growth Opportunity 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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Papaya Growth Opportunity I Retained Earnings Chart

Papaya Growth Opportunity I Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-0.03

-11.25

-20.53

Papaya Growth Opportunity I Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial				-11.25	-15.96	-17.88	-20.04	-20.53

Papaya Growth Opportunity 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.

Papaya Growth Opportunity I (NAS:PPYA) 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.

Papaya Growth Opportunity I (Papaya Growth Opportunity I) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Papaya Growth Opportunity Corp I (NAS:PPYA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

2201 Broadway, Suite 750, Oakland, CA, USA, 94612

Website

https://www.papayagrowth.com

Papaya Growth Opportunity Corp I is a blank check company.

Executives

Alberta Investment Management Corp	10 percent owner	1600-10250 101 STREET NW, EDMONTON A0 T5J 3P4
Neil B Herceg	director	2201 BROADWAY, #705, OAKLAND CA 94612
Daniel A Murillo	director	2201 BROADWAY, #705, OAKLAND CA 94612
Timothy J Schenk	director	2201 BROADWAY, #705, OAKLAND CA 94612
Alex Spiro	officer: President	25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Dave Yarnold	director	C/O MODEL N, INC., 777 MARINERS ISLAND BLVD, SUITE 300, SAN MATEO CA 94404
Patricia Nakache	director	325 SHARON PARK DR., #458, MENLO PARK CA 94025
Diana A Sklar	director	2 ROUSSEAU STREET, SAN FRANCISCO CA 94112
Clay Whitehead	director, 10 percent owner, officer: Chief Executive Officer	C/O PLUM ACQUISITION CORP. I, 339 SEAVIEW AVE, PIEDMONT CA 94610
Daniel C Rogers	officer: CFO and Secretary	2201 BROADWAY; SUITE 705, OAKLAND CA 94612
Papaya Growth Opportunity I Sponsor, Llc	10 percent owner	2201 BROADWAY, SUITE 750, OAKLAND CA 94612
Patrick Pohlen	director	C/O MNTN DIGITAL, INC., 201 W. 5TH STREET, 11TH FLOOR, AUSTIN TX 78701

Papaya Growth Opportunity I (Papaya Growth Opportunity I) Headlines

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Papaya Growth Opportunity Corp. I Announces Closing of $287.5 Million Initial Public Offering

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