Genius (GNS) Asset Writedowns and Impairment (2020 - 2023)

Genius (GNS) reported Asset Writedowns and Impairment of -$6.9 million for Q4 2023, up 88.45% year-over-year from -$3.6 million in Q4 2022, and up 88.45% quarter-over-quarter from -$59.4 million in Q4 2022.

Genius (GNS) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends

Genius (GNS) has 4 years of Asset Writedowns and Impairment data on file, last reported at -$6.9 million in Q4 2023.

  • Asset Writedowns and Impairment for Q4 2023 came in at -$6.9 million, up 88.45% year-over-year; the trailing twelve-month figure through Dec 2023 was -$129.9 million (up 13.09% YoY), and the FY2024 annual result was $8.4 million, down 45.18% from the prior year.
  • Asset Writedowns and Impairment grew to -$6.9 million in Q4 2023 per GNS's latest filing, from -$59.4 million in the prior quarter.
  • Over five years, Asset Writedowns and Impairment peaked at -$6.9 million in Q4 2023 and troughed at -$63.6 million in Q4 2021.
  • A 4-year average of -$39.1 million and a median of -$42.9 million in 2020 frame the typical range for Asset Writedowns and Impairment.
  • The sharpest annual moves came in 2021 and 2023: Asset Writedowns and Impairment slumped 140.69% in 2021, then surged 88.45% in 2023.
  • A 4-year view of Asset Writedowns and Impairment shows it stood at -$26.4 million in 2020, then tumbled by 140.69% to -$63.6 million in 2021, then gained by 6.63% to -$59.4 million in 2022, then surged by 88.45% to -$6.9 million in 2023.
  • Business Quant data shows GNS's Asset Writedowns and Impairment at -$6.9 million in Q4 2023, -$59.4 million in Q4 2022, and -$63.6 million in Q4 2021.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr)
1 51Talk Online Education 6.23 Bn 6.19 Bn 22.18 Mn
2 Laureate Education 5.07 Bn 4.91 Bn -16.39 Mn
3 Graham Holdings 4.95 Bn 3.94 Bn 841.00 Mn
4 Covista 4.04 Bn 4.03 Bn 276.31 Mn
5 Grand Canyon Education 3.86 Bn 3.61 Bn 244.77 Mn
6 Stride 3.58 Bn 2.78 Bn 231.57 Mn
7 Universal Technical Institute 2.10 Bn 1.94 Bn 103.97 Mn
8 Perdoceo Education 2.01 Bn 1.32 Bn 174.68 Mn
9 McGraw Hill 1.88 Bn 1.63 Bn 388.89 Mn
10 Genius 36.87 Mn 4,141.27 Bn 760,751.00

Historic Data

Download Data
DateValue
Dec 31, 2023 -6.86 Mn
Dec 31, 2023 -6.86 Mn
Dec 31, 2022 -59.39 Mn
Dec 31, 2022 -59.39 Mn
Dec 31, 2021 -63.61 Mn
Dec 31, 2021 -63.61 Mn
Dec 31, 2020 -26.43 Mn
Dec 31, 2020 -26.43 Mn