Omega Flex (OFLX) Asset Writedowns and Impairment (2017 - 2026)

Omega Flex has disclosed Asset Writedowns and Impairment across 10 years of filings, most recently posting -$40000.0 for Q1 2026.

• Asset Writedowns and Impairment for Q1 2026 came in at -$40000.0, up 50.0% year-over-year; the trailing twelve-month figure through Mar 2026 was -$21000.0 (down 108.79% YoY), and the FY2025 annual result was -$61000.0, down 134.46% from the prior year.
• Asset Writedowns and Impairment came in at -$40000.0 for Q1 2026 at Omega Flex, down from $6000.0 in the prior quarter.
• In the past five years, Asset Writedowns and Impairment ranged from a high of $985000.0 in Q2 2022 to a low of -$1.0 million in Q3 2022.
• The 5-year median for Asset Writedowns and Impairment is -$4000.0 (2023), against an average of $10117.6.
• Across the five-year window, Asset Writedowns and Impairment surged 16516.67% in 2022 and sank 3450.0% in 2024, its largest moves.
• Omega Flex's Asset Writedowns and Impairment stood at $274000.0 in 2022, then sank by 434.31% to -$916000.0 in 2023, then soared by 117.14% to $157000.0 in 2024, then tumbled by 96.18% to $6000.0 in 2025, then slumped by 766.67% to -$40000.0 in 2026.
• The last three Asset Writedowns and Impairment figures came in at -$40000.0 (Q1 2026), $6000.0 (Q4 2025), and -$10000.0 (Q3 2025), per Business Quant data.