Phunware (PHUN) Goodwill (2019 - 2023)

Phunware (PHUN) has reported Goodwill for 5 consecutive years, with $16.7 million the latest figure, recorded in Q3 2023.

• For the quarter ending Q3 2023, Goodwill fell 49.39% year-over-year to $16.7 million; the trailing twelve-month figure through Sep 2023 stood at $16.7 million (down 49.39% YoY), and the FY2022 full-year result was $25.8 million, down 22.53% from the prior year.
• Goodwill fell to $16.7 million in Q3 2023 per PHUN's latest filing, from $30.0 million in the prior quarter.
• Across five years, Goodwill topped out at $33.3 million in Q4 2021 and bottomed at $16.7 million in Q3 2023.
• Historically, Goodwill has averaged $27.4 million across 5 years, with a median of $25.9 million in 2021.
• The sharpest annual moves came in 2021 and 2023: Goodwill increased 28.42% in 2021, then tumbled 49.39% in 2023.
• Over 5 years, Goodwill stood at $25.9 million in 2019, then climbed by 0.17% to $25.9 million in 2020, then increased by 28.42% to $33.3 million in 2021, then dropped by 22.53% to $25.8 million in 2022, then tumbled by 35.07% to $16.7 million in 2023.
• According to Business Quant data, Goodwill over the past three periods registered $16.7 million, $30.0 million, and $31.1 million for Q3 2023, Q2 2023, and Q1 2023 respectively.