EDGEMODE, INC. (EDGM) Return on equity 2020–2021
EDGEMODE, INC. (EDGM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-166.7%FY2021 · since FY2020: -1408.7% → -166.7%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2021 | -166.7% | +1242.0 pp |
| FY2020 | -1408.7% | — |
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