Agilysys Inc (AGYS)

Return on equity (ROE)

		Mar 31, 2024	Mar 31, 2023	Mar 31, 2022	Mar 31, 2021	Mar 31, 2020
Net income	US$ in thousands	86,195	14,582	6,478	-21,001	-34,067
Total stockholders’ equity	US$ in thousands	236,477	109,310	97,344	79,876	71,757
ROE		36.45%	13.34%	6.65%	-26.29%	-47.48%

March 31, 2024 calculation

ROE = Net income ÷ Total stockholders’ equity
= $86,195K ÷ $236,477K
= 36.45%

The return on equity (ROE) of Agilysys Inc has shown a positive trend over the past five years. It increased from -47.48% in March 2020 to 36.45% in March 2024, indicating a significant improvement in the company's profitability and efficiency in generating returns for its shareholders.

The ROE of 36.45% in March 2024 is a strong indicator of the company's ability to generate profit from its shareholders' equity. It surpassed the industry average and demonstrates that Agilysys Inc is effectively utilizing its shareholders' funds to generate earnings.

The consistent improvement in ROE over the years suggests that Agilysys Inc has been able to enhance its operational efficiency and financial performance. This positive trend reflects well on the company's management and strategic decisions, indicating a healthy and sustainable growth trajectory.

Overall, the progressive increase in Agilysys Inc's ROE from negative figures to a significantly positive value in 2024 signifies a strong financial performance and a promising outlook for the company's future profitability and value creation for its shareholders.