Uber Technologies Inc. (NYSE:UBER)

The financial data indicates significant fluctuations in net income over the observed periods. Initially, net losses were substantial, with the largest loss recorded in 2019 at -8506 million US dollars, followed by a reduction in the magnitude of losses in 2020 and 2021. However, 2022 saw a return to a large net loss of -9141 million US dollars. From 2023 onward, there is a notable recovery with positive net income reported, reaching 1887 million US dollars in 2023 and increasing substantially to 9856 million US dollars in 2024.

Total assets demonstrate an overall upward trend despite some volatility. Starting at 31,761 million US dollars in 2019, assets increased moderately to 33,252 million in 2020 and then more significantly to 38,774 million in 2021. A decrease occurred in 2022, dropping to 32,109 million. Assets then rebounded in the subsequent years, reaching 38,699 million in 2023 and further increasing to 51,244 million in 2024.

Return on assets (ROA) closely mirrors the trends observed in net income, reflecting the company's profitability relative to its asset base. ROA was strongly negative in 2019 (-26.78%) and improved slightly in 2020 (-20.35%), with a near break-even point in 2021 (-1.28%). In 2022, ROA reverted to a sharp negative level (-28.47%), corresponding with the high net loss that year. From 2023 onwards, ROA turned positive, registering 4.88% and then improving markedly to 19.23% in 2024.

Overall, the data illustrates a period of financial instability and losses from 2019 through 2022, followed by a strong recovery in 2023 and 2024, characterized by positive net income growth, asset expansion, and improved profitability ratios.