On24 (ONTF) Asset Writedowns and Impairment (2020 - 2023)

Name: On24 (ONTF) Asset Writedowns and Impairment (2020 - 2023) | Business Quant
Creator: Business Quant

On24 posted quarterly Asset Writedowns and Impairment of $70000.0 for Q3 2023, down 66.35% on a QoQ basis from $208000.0 in Q2 2023.

On24 (ONTF) has 3 years of Asset Writedowns and Impairment data on file, last reported at $70000.0 in Q3 2023.

For the quarter ending Q3 2023, Asset Writedowns and Impairment changed N/A year-over-year to $70000.0; the trailing twelve-month figure through Sep 2024 stood at $70000.0 (down 74.82% YoY), and the FY2023 full-year result was $1.5 million, changed N/A from the prior year.
Asset Writedowns and Impairment for Q3 2023 stood at $70000.0, down from $208000.0 in the prior quarter.
Across five years, Asset Writedowns and Impairment topped out at $692000.0 in Q2 2021 and bottomed at -$1.3 million in Q4 2021.
The 3-year median for Asset Writedowns and Impairment is $254000.0 (2020), against an average of $191888.9.
Peak annual rise in Asset Writedowns and Impairment reached 103.54% in 2021, while the deepest fall reached 89.72% in 2021.
A 3-year view of Asset Writedowns and Impairment shows it stood at $652000.0 in 2020, then slumped by 295.71% to -$1.3 million in 2021, then jumped by 105.49% to $70000.0 in 2023.
The last three Asset Writedowns and Impairment figures came in at $70000.0 (Q3 2023), $208000.0 (Q2 2023), and -$1.3 million (Q4 2021), per Business Quant data.

Peer Comparison

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)
1	Sap Se	253.17 Bn	235.20 Bn	8.16 Bn
2	Salesforce	171.07 Bn	161.50 Bn	8.69 Bn
3	Uber Technologies	151.10 Bn	150.06 Bn	11.88 Bn
4	Shopify	134.25 Bn	128.50 Bn	1.55 Bn
5	ServiceNow	105.72 Bn	100.54 Bn	2.83 Bn
6	Cadence Design Systems	101.64 Bn	100.23 Bn	1.26 Bn
7	Adobe	100.35 Bn	93.46 Bn	5.73 Bn
8	Automatic Data Processing	90.91 Bn	87.68 Bn	2.87 Bn
9	Intuit	88.30 Bn	81.52 Bn	6.77 Bn
10	On24	-	-	25.94 Mn

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