Happen, Inc. (HAPN) Return on equity 2016–2020
Happen, Inc. (HAPN) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-25.9%FY2020 · since FY2016: -15.0% → -25.9%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2020 | -25.9% | -22.5 pp |
| FY2019 | -3.4% | +11.3 pp |
| FY2018 | -14.8% | +1.9 pp |
| FY2017 | -16.7% | -1.7 pp |
| FY2016 | -15.0% | — |
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