Open Text (OTEX) Asset Writedowns and Impairment (2015 - 2024)

Open Text's Asset Writedowns and Impairment history runs 7 years deep, the most recent figure standing at $4.3 million for 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 85.0% from the prior year.
• Asset Writedowns and Impairment fell to $4.3 million in Q1 2024 per OTEX's latest filing, from $6.2 million in the prior quarter.
• Across five years, Asset Writedowns and Impairment topped out at $6.2 million in Q4 2023 and bottomed at $948000.0 in Q4 2022.
• The 3-year median for Asset Writedowns and Impairment is $3.8 million (2023), against an average of $3.7 million.
• Across the five-year window, Asset Writedowns and Impairment soared 559.07% in 2023 and advanced 27.93% in 2024, its largest moves.
• Year by year, Asset Writedowns and Impairment stood at $948000.0 in 2022, then surged by 559.07% to $6.2 million in 2023, then plunged by 31.53% to $4.3 million in 2024.
• Per Business Quant, the three latest OTEX Asset Writedowns and Impairment figures stand at $4.3 million (Q1 2024), $6.2 million (Q4 2023), and $4.7 million (Q3 2023).