Item 9 Labs Corp. Annual Return On Equity in % from 2019 to 2022

Taxonomy & unit
ratio: %
Description
Return on equity can be defined as the amount of net income returned as a percentage of shareholders equity. Return on equity measures a corporation's profitability by revealing how much profit a company generates with the money shareholders have invested.
Summary
Item 9 Labs Corp. quarterly/annual Return On Equity history and growth rate from 2019 to 2022.
  • Item 9 Labs Corp. Return On Equity for the quarter ending June 30, 2023 was -53.4 %, a 104% decline year-over-year.
  • Item 9 Labs Corp. annual Return On Equity for 2022 was -40.5 %, a 247% decline from 2021.
  • Item 9 Labs Corp. annual Return On Equity for 2021 was -11.7 %, a 91.5% increase from 2020.
  • Item 9 Labs Corp. annual Return On Equity for 2020 was -138 %, a 72.5% decline from 2019.
Return On Equity, Annual (%)
Return On Equity, YoY Annual Growth (%)
Period Value YoY Chg Change % Start Date End Date
2022 -40.5 -28.8 -247% Oct 1, 2021 Sep 30, 2022
2021 -11.7 +126 +91.5% Oct 1, 2020 Sep 30, 2021
2020 -138 -58 -72.5% Oct 1, 2019 Sep 30, 2020
2019 -80 Oct 1, 2018 Sep 30, 2019
* An asterisk sign (*) next to the value indicates that the value is likely invalid.