What does retained earnings mean?

Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.

American Drive Acquisition Company ADAC Retained Earnings

BDC

BTC Development Corp. BDCI

-$9.15M—

ENH

Enhanced Group Inc. Class AENHA

-$8M—

Operating income-$1.1M—

Net income$970.8K—

EPS (diluted)$0.03—

Cash & equivalents$994.2K—

Total equity-$9.3M—

Total assets$233.5M—

Operating cash flow-$419.9K—

Market cap$288.08M+1.5%

Current ratio1.2×—

Reported directly by American Drive Acquisition Company in its filing.

Tagged under the XBRL concept us-gaap:RetainedEarningsAccumulatedDeficit.

The official record: American Drive Acquisition Company ’s 10-Q, filed May 15, 2026, on SEC EDGAR. View the filing →

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What is American Drive Acquisition Company 's retained earnings?: American Drive Acquisition Company (ADAC) reported retained earnings of -$9.35M in Q1 2026.
What does retained earnings mean?: Cumulative net income earned since inception minus all dividends paid — the total profits reinvested in the business over its lifetime.