GLOBALTECH CORPORATION (GLTK) Return on equity 2021–2022
GLOBALTECH CORPORATION (GLTK) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-67.7%FY2022 · since FY2021: -29.3% → -67.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2022 | -67.7% | -38.4 pp |
| FY2021 | -29.3% | — |
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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