GEX MANAGEMENT INC. (GXXM) Return on equity 2017–2018
GEX MANAGEMENT INC. (GXXM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-62.8%FY2018 · since FY2017: -64.2% → -62.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2018 | -62.8% | +1.4 pp |
| FY2017 | -64.2% | — |
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