Nova Eye Medical Limited

Nova Eye Medical Limitedverified

ELXMF

Price:

$0.01431

Market Cap:

$34.18M

Headquartered in Kent Town, Australia, and established in 1985, Nova Eye Medical Limited is dedicated to the development, manufacturing, and global commercialization of surgical solutions for eye conditions, with a primary focus on glaucoma. Their product lineup features the iTrack surgical system, engineered to reduce intraocular pressure in adult patients with open-angle glaucoma, alongside its evolution, iTrack Advance, which promotes natural ocular fluid drainage. For individuals with severe or intricate forms of glaucoma, they provide the Molteno3 drainage device. Additionally, the company offers 2RT, a unique laser technology aimed at treating early to intermediate age-related macular ...[Read more]

Industry

Medical - Devices

IPO Date

2010-01-20

Stock Exchange

OTC

Ticker

ELXMF

The ROE as of June 2026 (TTM) for Nova Eye Medical Limited (ELXMF) is -40.41%

According to Nova Eye Medical Limited’s latest financial reports and current stock price. The company's current ROE is -40.41%. This represents a change of 86.94% compared to the average of -21.62% 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 -40.41% ROE has changed 91.75% 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. (-256.06%), greater than ImpediMed Limited (-165.13%), greater than Alternate Health Corp. (-279.24%), greater than Next Science Limited (-491.26%), greater than Ecofibre Limited (-77.39%), greater than Novacyt S.A. (-121.33%), greater than Positron Corporation (-767.26%), less than WOWI, Inc. (157.95%), less than Provectus Biopharmaceuticals, Inc. (89.65%), greater than Perimeter Medical Imaging AI, Inc. (-300.64%),

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