Open Text (OTEX) Asset Writedowns and Impairment (2017 - 2024)

Open Text has reported Asset Writedowns and Impairment for 5 years, with the latest figure at $4.3 million in Q1 2024.

• On a quarterly basis, Asset Writedowns and Impairment rose 27.93% year-over-year to $4.3 million in Q1 2024; TTM through Mar 2024 was $18.6 million, a 161.06% increase from a year earlier, with the FY2018 full-year figure at $155000.0, down 81.39% from the prior year.
• Asset Writedowns and Impairment was $4.3 million for Q1 2024 at Open Text, down from $6.2 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $6.2 million in Q4 2023, with the low at $948000.0 in Q4 2022.
• Average Asset Writedowns and Impairment over 3 years is $3.7 million, with a median of $3.8 million recorded in 2023.
• The sharpest annual moves came in 2023 and 2024: Asset Writedowns and Impairment surged 559.07% in 2023, then gained 27.93% in 2024.
• Over 3 years, Asset Writedowns and Impairment stood at $948000.0 in 2022, then soared by 559.07% to $6.2 million in 2023, then sank by 31.53% to $4.3 million in 2024.
• The last three Asset Writedowns and Impairment figures came in at $4.3 million (Q1 2024), $6.2 million (Q4 2023), and $4.7 million (Q3 2023), per Business Quant data.