Name: Return on Equity (ROE)

Definition: ROE shows how much profit the company earns for its shareholders based on their invested equity. It’s one of the most watched profitability ratios. A consistently high ROE signals strong management and efficient use of shareholder capital. But artificially high ROE may sometimes be boosted by excessive debt.

Interpretation:
• In '2021', BZFD's return on equity was 6.7%, measuring profitability for shareholders. Industry average for Telecommunications Equipment in '2021' stood at -14.5%.
• In '2022', BZFD's return on equity was -71.5%, measuring profitability for shareholders. The decline from '2021' may indicate some operational or financial challenges. Industry average for Telecommunications Equipment in '2022' stood at -6.4%. Industry average increased by 8.1% compared to previous year.
• In '2023', BZFD's return on equity was -59.0%, measuring profitability for shareholders. The increase since '2022' reflects strengthening financial performance. Industry average for Telecommunications Equipment in '2023' stood at -27.5%. Industry average declined by 21.1% from previous year.
• In '2024', BZFD's return on equity was -9.4%, measuring profitability for shareholders. The increase since '2023' reflects strengthening financial performance. Industry average for Telecommunications Equipment in '2024' stood at -27.3%. Industry average increased by 0.2% compared to previous year.
Overall, BZFD's return on equity has been volatile but showed a downward trend over the past 4 years.

Formula: ROE = Net Income / Shareholders' Equity

Good Range: 10%-20% desirable for many industries.