KORE Group Holdings, Inc. (KORE) Return on equity 2019–2023
KORE Group Holdings, Inc. (KORE) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-451.8%FY2023 · since FY2019: -29.6% → -451.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2023 | -451.8% | -393.0 pp |
| FY2022 | -58.8% | -49.1 pp |
| FY2021 | -9.7% | +203.7 pp |
| FY2020 | -213.4% | -183.8 pp |
| FY2019 | -29.6% | — |
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