What is the Return on Assets (ROA) of ShiftPixy this year?
The Return on Assets (ROA) of ShiftPixy is -24.73 undefined this year.
ShiftPixy ROA 2024
ShiftPixy ROA
-24.73
Ticker
PIXY
ISIN
US82452L2034
WKN
A2PW59
In 2024, ShiftPixy's return on assets (ROA) was -24.73, a 5,227.96% increase from the -0.46 ROA in the previous year.
ShiftPixy Aktienanalyse
What does ShiftPixy do?
ShiftPixy Inc was founded in 2015 by Scott Absher and J. Stephen Holmes. The company is based in Irvine, California. They have developed an innovative business model that aims to support employers in the hospitality and service industries by providing them with a flexible and efficient workforce management solution. ShiftPixy's business model is based on a platform that allows employers to effectively and cost-efficiently manage their workforce scheduling. The company takes care of complex administrative tasks such as payroll, benefits and tax management, and compliance requirements. This frees up employers from time-consuming administrative tasks and enables them to focus on their core business. ShiftPixy has also developed a branch for restaurant management. They offer a range of tools and technologies to improve the operation and management of restaurants, including ordering and reservation systems, loyalty programs, and marketing tools. Implementing these systems allows restaurants to work more effectively, attract and retain more customers. In addition, ShiftPixy also offers a branch for food delivery. Customers can place orders at local restaurants through the company and have them delivered directly to their workplace or home. The company has built its own delivery fleet and also works with external delivery partners. Another exciting product offered by ShiftPixy is the NextGen Restaurants concept. This idea focuses on developing a new concept for restaurants that is technology and innovation-oriented. The goal is to equip restaurants with an integrated technology and ordering platform so they can work more effectively and attract more customers. ShiftPixy has also formed partnerships with other companies, including Uber Eats and GrubHub. These partnerships allow ShiftPixy to expand its reach and range of services and attract more customers and employers. Overall, ShiftPixy has developed a very interesting and innovative business model that aims to support employers in the hospitality and service industries. By providing workforce management solutions, restaurant management tools, a delivery service, and the NextGen restaurant concept, the company is able to offer its customers a comprehensive range of services. ShiftPixy is a promising company that could experience strong growth in the coming years due to the increasing demand for innovative business models and technologies in the hospitality and service industries. ShiftPixy ist eines der beliebtesten Unternehmen auf Eulerpool.com.ROA Details
Understanding ShiftPixy's Return on Assets (ROA)
ShiftPixy's Return on Assets (ROA) is a key performance indicator that measures the company's profitability in relation to its total assets. It is calculated by dividing the net income by the total assets. A higher ROA indicates efficient asset utilization to generate profits, reflecting managerial effectiveness and financial health.
Year-to-Year Comparison
Comparing ShiftPixy's ROA year-over-year provides insights into the company’s operational efficiency and asset utilization trends. An increasing ROA demonstrates enhanced asset efficiency and profitability, while a declining ROA can indicate operational or financial challenges.
Impact on Investments
Investors consider ShiftPixy's ROA as a crucial metric to evaluate the company’s profitability and efficiency. A higher ROA signifies that the company is effectively utilizing its assets to generate profits, making it a potentially attractive investment.
Interpreting ROA Fluctuations
Variations in ShiftPixy’s ROA can be attributed to changes in net income, asset purchases, or operational efficiencies. Analyzing these fluctuations assists in assessing the company's financial performance, management efficiency, and strategic financial positioning.
Frequently Asked Questions about ShiftPixy stock
What was the ROA of ShiftPixy compared to the previous year?
The ROA of ShiftPixy has increased by 5,227.96% compared to the previous year.
What consequences do high ROA have for investors of ShiftPixy?
A high ROA is advantageous for investors of ShiftPixy, as it indicates that the company efficiently utilizes its assets and generates good profits.
What are the consequences of low ROA for investors in ShiftPixy?
A low ROA can be unfavorable for investors of ShiftPixy as it indicates that the company is inefficiently utilizing its assets and may potentially achieve lower profits.
How does an increase in the ROA of ShiftPixy affect the company?
An increase in ROA of ShiftPixy can be an indicator of improved efficiency in asset utilization and higher profitability.
How does a reduction in ROA of ShiftPixy impact the company?
A reduction in the ROA of ShiftPixy can be an indicator of lower asset efficiency and profitability.
What are some factors that can influence the ROA of ShiftPixy?
Some factors that can influence the ROA of ShiftPixy include revenue, operating costs, asset structure, and industry average.
Why is the ROA of ShiftPixy important for investors?
The ROA of ShiftPixy is important for investors as it is an indicator of the company's profitability and efficiency in utilizing assets. It provides investors with information on how well the company utilizes its resources to generate profits.
What strategic measures can ShiftPixy take to improve ROA?
To improve ROA, ShiftPixy can take measures such as cost savings, revenue growth, optimizing asset structure, and diversifying its business activities. It is important for the company to conduct a thorough review of its financial situation to determine the best strategic measures to improve ROA.
How much dividend does ShiftPixy pay?
Over the past 12 months, ShiftPixy paid a dividend of . This corresponds to a dividend yield of about . For the coming 12 months, ShiftPixy is expected to pay a dividend of 0 USD.
What is the dividend yield of ShiftPixy?
The current dividend yield of ShiftPixy is .
When does ShiftPixy pay dividends?
ShiftPixy pays a quarterly dividend. This is distributed in the months of .
How secure is the dividend of ShiftPixy?
ShiftPixy paid dividends every year for the past 0 years.
What is the dividend of ShiftPixy?
For the upcoming 12 months, dividends amounting to 0 USD are expected. This corresponds to a dividend yield of 0 %.
In which sector is ShiftPixy located?
ShiftPixy is assigned to the 'Industry' sector.
Wann musste ich die Aktien von ShiftPixy kaufen, um die vorherige Dividende zu erhalten?
To receive the latest dividend of ShiftPixy from 7/31/2024 amounting to 0 USD, you needed to have the stock in your portfolio before the ex-date on 7/31/2024.
When did ShiftPixy pay the last dividend?
The last dividend was paid out on 7/31/2024.
What was the dividend of ShiftPixy in the year 2023?
In the year 2023, ShiftPixy distributed 0 USD as dividends.
In which currency does ShiftPixy pay out the dividend?
The dividends of ShiftPixy are distributed in USD.
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Andere Kennzahlen von ShiftPixy
Our stock analysis for ShiftPixy Revenue stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of ShiftPixy Revenue. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.
