Nexalin Technology, Inc.

Nexalin Technology, Inc.verified

NXL

Price:

$0.431

Market Cap:

$8.87M

Nexalin Technology, Inc. operates as a medical device firm specializing in the creation and advancement of neurostimulation therapies for mental health conditions in both the United States and China. The company commercializes its primary product, the Nexalin Device, which provides a non-invasive and drug-free treatment for anxiety and insomnia. This device functions by emitting a proprietary frequency-based waveform designed to elicit a beneficial response from mid-brain structures associated with various psychological disorders. Furthermore, Nexalin Technology is currently developing "Generation 2," a new medical device undergoing clinical trials. This future product aims to address a broa...[Read more]

Industry

Medical - Devices

IPO Date

2022-09-16

Stock Exchange

NASDAQ

Ticker

NXL

The ROE as of June 2026 (TTM) for Nexalin Technology, Inc. (NXL) is -191.88%

According to Nexalin Technology, Inc.’s latest financial reports and current stock price. The company's current ROE is -191.88%. This represents a change of 264.96% compared to the average of -52.58% of the last 4 quarters.

Nexalin Technology, Inc. (NXL) Historical ROE (quarterly & annually)

How has NXL ROE performed in the past?

The mean historical ROE of Nexalin Technology, Inc. over the last ten years is 56.98%. The current -191.88% ROE has changed -436.76% with respect to the historical average. Over the past ten years (40 quarters), NXL's ROE was at its highest in in the June 2021 quarter at 121.29%. The ROE was at its lowest in in the June 2024 quarter at -95.08%.

Quarterly (TTM)
Annual

Average

56.98%

Median

-30.99%

Minimum

-219.38%

Maximum

425.75%

Nexalin Technology, Inc. (NXL) ROE by Quarter and Year

Discovering the peaks and valleys of Nexalin Technology, Inc. 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 = 367.81%

Maximum Annual ROE = 425.75%

Minimum Annual Increase = -108.58%

Minimum Annual ROE = -219.38%

Quarterly (TTM)
Annual
YearROEChange
2025-219.38%6.01%
2024-206.94%42.75%
2023-144.97%367.81%
2022-30.99%-108.58%
2021361.37%68.85%
2020214.01%-49.73%

Nexalin Technology, Inc. (NXL) Average ROE

How has NXL ROE performed in the past?

The current ROE of Nexalin Technology, Inc. (NXL) is greater than its 3-year, greater than its 5-year, and less than than its 10-year historical averages

3-year avg

-190.43%

5-year avg

-48.18%

10-year avg

56.98%

Nexalin Technology, Inc. (NXL) ROE vs. Peers

How is NXL’s ROE compared to its peers?

Nexalin Technology, Inc.’s ROE is less than Inspira Technologies Oxy B.H.N. Ltd. (0%), less than Enlivex Therapeutics Ltd. (248.08%), greater than Retractable Technologies, Inc. (-8.45%), greater than CollPlant Biotechnologies Ltd. (-160.28%), greater than Harvard Bioscience, Inc. (-73.04%), greater than Vicarious Surgical Inc. (-333.19%), greater than Modular Medical, Inc. (-245.85%), greater than NeurAxis, Inc. (-185.74%), greater than SCYNEXIS, Inc. (-57.16%), greater than Exicure, Inc. (-179.41%),

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