Nova Eye Medical Limited

Nova Eye Medical Limitedverified

ELXMF

Price:

$0.1

Market Cap:

$39.87M

Nova Eye Medical Limited designs, develops, distributes, markets, sells, and services surgical devices for the treatment of glaucoma. The company offers iTrack, a surgical system for the reduction in intraocular pressure (IOP) in adult patients with open-angle glaucoma; iTrack Advance, a natural ocular drainage system; Molteno3, a glaucoma drainage device to treat patients with severe or complex glaucoma; and 2RT, a proprietary laser technology to treat patients in early/intermediate age-related macular degeneration. It operates in Australia, the United States, Europe, the Asia Pacific, and internationally. The company was formerly known as Ellex Medical Lasers Limited and changed its name t...[Read more]

Industry

Medical - Devices

IPO Date

2010-01-20

Stock Exchange

OTC

Ticker

ELXMF

The ROE as of December 2025 (TTM) for Nova Eye Medical Limited (ELXMF) is -49.85%

According to Nova Eye Medical Limited’s latest financial reports and current stock price. The company's current ROE is -49.85%. This represents a change of 102.97% compared to the average of -24.56% of the last 4 quarters.

Nova Eye Medical Limited (ELXMF) Historical ROE (quarterly & annually)

How has ELXMF ROE performed in the past?

The mean historical ROE of Nova Eye Medical Limited over the last ten years is -21.08%. The current -49.85% ROE has changed 136.54% with respect to the historical average. Over the past ten years (40 quarters), ELXMF's ROE was at its highest in in the June 2010 quarter at 5.78%. The ROE was at its lowest in in the June 2009 quarter at -37.90%.

Quarterly (TTM)
Annual

Average

-21.08%

Median

-11.00%

Minimum

-65.94%

Maximum

6.27%

Nova Eye Medical Limited (ELXMF) ROE by Quarter and Year

Discovering the peaks and valleys of Nova Eye Medical Limited ROE, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 341.17%

Maximum Annual ROE = 6.27%

Minimum Annual Increase = -125.03%

Minimum Annual ROE = -65.94%

Quarterly (TTM)
Annual
YearROEChange
2025-47.76%15.90%
2024-41.21%-37.51%
2023-65.94%167.41%
2022-24.66%100.04%
2021-12.33%77.37%
2020-6.95%-28.22%
2019-9.68%39.76%
2018-6.93%341.17%
2017-1.57%-125.03%
20166.27%48.58%

Nova Eye Medical Limited (ELXMF) Average ROE

How has ELXMF ROE performed in the past?

The current ROE of Nova Eye Medical Limited (ELXMF) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-51.64%

5-year avg

-38.38%

10-year avg

-21.08%

Nova Eye Medical Limited (ELXMF) ROE vs. Peers

How is ELXMF’s ROE compared to its peers?

Nova Eye Medical Limited’s ROE is greater than PetVivo Holdings, Inc. (-332.05%), greater than ImpediMed Limited (-80.35%), greater than Alternate Health Corp. (-279.24%), greater than Next Science Limited (-491.26%), greater than Ecofibre Limited (-51.27%), greater than Novacyt S.A. (-61.81%), greater than Positron Corporation (-531.64%), less than WOWI, Inc. (157.95%), less than Provectus Biopharmaceuticals, Inc. (116.02%), greater than Perimeter Medical Imaging AI, Inc. (-190.26%),

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