NEXALIN TECHNOLOGY, INC. (NXL) Return on equity 2022–2025
NEXALIN TECHNOLOGY, INC. (NXL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-219.4%FY2025 · since FY2022: -31.0% → -219.4%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -219.4% | -12.4 pp |
| FY2024 | -206.9% | -62.0 pp |
| FY2023 | -145.0% | -114.0 pp |
| FY2022 | -31.0% | — |
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