MOBILE GLOBAL ESPORTS INC. (MGAM) Return on equity 2023–2024
MOBILE GLOBAL ESPORTS INC. (MGAM) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-228.8%FY2024 · since FY2023: -218.2% → -228.8%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2024 | -228.8% | -10.5 pp |
| FY2023 | -218.2% | — |
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