QUANTUM X LABS INC. (QXL) Return on equity 2020–2024
QUANTUM X LABS INC. (QXL) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-208.9%FY2024 · since FY2020: 17.6% → -208.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -208.9% | -159.4 pp |
| FY2023 | -49.4% | -49.5 pp |
| FY2022 | 0.1% | -2.1 pp |
| FY2021 | 2.2% | -15.4 pp |
| FY2020 | 17.6% | — |
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