Karbon-X Corp. (KARX) Return on equity 2020–2024
Karbon-X Corp. (KARX) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-97.0%FY2024 · since FY2020: -105.5% → -97.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -97.0% | -9.3 pp |
| FY2023 | -87.8% | -51.0 pp |
| FY2022 | -36.8% | — |
| FY2020 | -105.5% | — |
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