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

Iac (IAC) has disclosed Asset Writedowns and Impairment for 4 consecutive years, with $27.8 million as the latest value for Q2 2023.

  • For the quarter ending Q2 2023, Asset Writedowns and Impairment rose 84.45% year-over-year to $27.8 million, compared with a TTM value of $101.3 million through Jun 2023, up 116.71%, and an annual FY2020 reading of $80.8 million, up 22.89% over the prior year.
  • Asset Writedowns and Impairment was $27.8 million for Q2 2023 at Iac, down from $44.7 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $62.7 million in Q4 2020 and bottomed at $5.5 million in Q3 2021.
  • Average Asset Writedowns and Impairment over 4 years is $23.6 million, with a median of $14.4 million recorded in 2022.
  • The sharpest move saw Asset Writedowns and Impairment increased 21.47% in 2022, then soared 225.64% in 2023.
  • Year by year, Asset Writedowns and Impairment stood at $62.7 million in 2020, then crashed by 91.17% to $5.5 million in 2021, then surged by 172.26% to $15.1 million in 2022, then skyrocketed by 84.45% to $27.8 million in 2023.
  • Business Quant data shows Asset Writedowns and Impairment for IAC at $27.8 million in Q2 2023, $44.7 million in Q1 2023, and $15.1 million in Q2 2022.