Advent Technologies Holdings, Inc. (ADNH) Return on equity 2021–2023
Advent Technologies Holdings, Inc. (ADNH) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-530.9%FY2023 · since FY2021: -15.8% → -530.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -530.9% | -415.0 pp |
| FY2022 | -115.9% | -100.1 pp |
| FY2021 | -15.8% | — |
ROE = reported net income ÷ reported year-end shareholders’ equity for the same fiscal year. Heavy buybacks shrink equity and can push ROE very high (or negative-equity years drop out).
Source: SEC XBRL filings · For reference only · Not investment advice
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