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Western Acquisition Ventures (Western Acquisition Ventures) Retained Earnings : $-3.20 Mil (As of Dec. 2023)


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What is Western Acquisition Ventures Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Western Acquisition Ventures's retained earnings for the quarter that ended in Dec. 2023 was $-3.20 Mil.

Western Acquisition Ventures's quarterly retained earnings declined from Jun. 2023 ($-2.55 Mil) to Sep. 2023 ($-2.89 Mil) and declined from Sep. 2023 ($-2.89 Mil) to Dec. 2023 ($-3.20 Mil).

Western Acquisition Ventures's annual retained earnings declined from Dec. 2021 ($-0.01 Mil) to Dec. 2022 ($-1.86 Mil) and declined from Dec. 2022 ($-1.86 Mil) to Dec. 2023 ($-3.20 Mil).


Western Acquisition Ventures Retained Earnings Historical Data

The historical data trend for Western Acquisition Ventures'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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Western Acquisition Ventures Retained Earnings Chart

Western Acquisition Ventures Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.01 -1.86 -3.20

Western Acquisition Ventures Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.86 -2.12 -2.55 -2.89 -3.20

Western Acquisition Ventures 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.


Western Acquisition Ventures  (NAS:WAVS) 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.


Western Acquisition Ventures (Western Acquisition Ventures) Business Description

Traded in Other Exchanges
N/A
Address
42 Broadway, 12th Floor, New York, NY, USA, 10004
Western Acquisition Ventures Corp is a blank check company.
Executives
Robin L Smith director C/O PHASE III MEDICAL, INC., 330 SOUTH SERVICE ROAD, SUITE 120, MELVILLE NY 11747
Adam K Stern director STERN AEGIS VENTURES, 810 7TH AVENUE 22ND FLOOR, NEW YORK NY 10019
Stephen Christoffersen director, officer: Chief Executive Officer 6261 KATELLA AVENUE, SUITE 250, CYPRESS CA 90630
A.g.p. / Alliance Global Partners Corp. other: Underwriter 88 POST ROAD WEST, 2ND FLOOR, WESTPORT CT 06880
William F Lischak director, 10 percent owner, other: Chief Financial Officer 8800 SUNSET BLVD, 3RD FL, LOS ANGELES CA 90069
Western Acquisition Ventures Sponsor Llc 10 percent owner 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ali Jahangiri director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004
Ade Okunubi director 42 BROADWAY, 12TH FLOOR, NEW YORK NY 10004

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