NEOVOLTA, INC. (NEOVW) Return on equity 2021–2025
NEOVOLTA, INC. (NEOVW) return on equity by fiscal year — reported net income divided by year-end shareholders’ equity.
-173.0%FY2025 · since FY2021: -242.8% → -173.0%
| Fiscal year | Value | YoY |
|---|---|---|
| FY2025 | -173.0% | -122.9 pp |
| FY2024 | -50.1% | -9.3 pp |
| FY2023 | -40.8% | +181.0 pp |
| FY2022 | -221.8% | +21.0 pp |
| FY2021 | -242.8% | — |
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