Medinotec Inc. (MDNC) Return on equity 2023–2026
Medinotec Inc. (MDNC) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
13.9%FY2026 · since FY2023: -13.8% → 13.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2026 | 13.9% | -36.7 pp |
| FY2025 | 50.6% | +69.2 pp |
| FY2024 | -18.7% | -4.9 pp |
| FY2023 | -13.8% | — |
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
More MDNC financial trends
MDNC RevenueMDNC Net incomeMDNC Net marginMDNC Gross profitMDNC Gross marginMDNC Operating incomeMDNC Operating marginMDNC Operating cash flowMDNC Free cash flowMDNC Capital expendituresMDNC Stock buybacksMDNC Dividends paidMDNC Total assetsMDNC Total liabilitiesMDNC Shareholders’ equityMDNC overview →