iPower Inc. (IPW) Return on equity 2020–2024
iPower Inc. (IPW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-6.6%FY2024 · since FY2020: 67.8% → -6.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -6.6% | +50.7 pp |
| FY2023 | -57.3% | -62.0 pp |
| FY2022 | 4.7% | +7.8 pp |
| FY2021 | -3.1% | -70.9 pp |
| FY2020 | 67.8% | — |
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