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

Open Text has reported Asset Writedowns and Impairment over the past 5 years, most recently at $4.3 million for Q1 2024.

  • Quarterly results put Asset Writedowns and Impairment at $4.3 million for Q1 2024, up 27.93% from a year ago — trailing twelve months through Mar 2024 was $18.6 million (up 161.06% YoY), and the annual figure for FY2018 was $155000.0, down 81.39%.
  • Asset Writedowns and Impairment for Q1 2024 was $4.3 million at Open Text, down from $6.2 million in the prior quarter.
  • Over the last five years, Asset Writedowns and Impairment for OTEX hit a ceiling of $6.2 million in Q4 2023 and a floor of $948000.0 in Q4 2022.
  • Median Asset Writedowns and Impairment over the past 3 years was $3.8 million (2023), compared with a mean of $3.7 million.
  • Biggest five-year swings in Asset Writedowns and Impairment: soared 559.07% in 2023 and later increased 27.93% in 2024.
  • Open Text's Asset Writedowns and Impairment stood at $948000.0 in 2022, then soared by 559.07% to $6.2 million in 2023, then plummeted by 31.53% to $4.3 million in 2024.
  • The last three reported values for Asset Writedowns and Impairment were $4.3 million (Q1 2024), $6.2 million (Q4 2023), and $4.7 million (Q3 2023) per Business Quant data.