STARK NOVUS FINANCIAL INC. (SNFI) Return on equity 2023–2024
STARK NOVUS FINANCIAL INC. (SNFI) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-60.0%FY2024 · since FY2023: -97.5% → -60.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -60.0% | +37.5 pp |
| FY2023 | -97.5% | — |
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