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| Date | Value |
|---|---|
| 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 |