Galaxy Gaming, Inc. (GLXZ) Return on equity 2016–2018
Galaxy Gaming, Inc. (GLXZ) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
16.3%FY2018 · since FY2016: 38.2% → 16.3%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | 16.3% | +16.5 pp |
| FY2017 | -0.2% | -38.4 pp |
| FY2016 | 38.2% | — |
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