SURGEPAYS, INC. (SURG) Return on equity 2021–2024
SURGEPAYS, INC. (SURG) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-298.6%FY2024 · since FY2021: -381.0% → -298.6%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -298.6% | -371.6 pp |
| FY2023 | 73.0% | +86.6 pp |
| FY2022 | -13.6% | +367.4 pp |
| FY2021 | -381.0% | — |
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
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