Iac (IAC) Asset Writedowns and Impairment (2020 - 2023)

Iac has reported Asset Writedowns and Impairment for 4 years, with the latest figure at $27.8 million in Q2 2023.

• For the quarter ending Q2 2023, Asset Writedowns and Impairment rose 84.45% year-over-year to $27.8 million; the trailing twelve-month figure through Jun 2023 stood at $101.3 million (up 116.71% YoY), and the FY2020 full-year result was $80.8 million, up 22.89% from the prior year.
• Asset Writedowns and Impairment for Q2 2023 stood at $27.8 million, down from $44.7 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $62.7 million in Q4 2020, with the low at $5.5 million in Q3 2021.
• Historically, Asset Writedowns and Impairment has averaged $23.6 million across 4 years, with a median of $14.4 million in 2022.
• Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment grew 21.47% — and 2023, when it surged 225.64%.
• Iac's Asset Writedowns and Impairment stood at $62.7 million in 2020, then sank by 91.17% to $5.5 million in 2021, then soared by 172.26% to $15.1 million in 2022, then surged by 84.45% to $27.8 million in 2023.
• The last three Asset Writedowns and Impairment figures came in at $27.8 million (Q2 2023), $44.7 million (Q1 2023), and $15.1 million (Q2 2022), per Business Quant data.