People (PPLI) Asset Writedowns and Impairment (2020 - 2023)
People's (PPLI) quarterly Asset Writedowns and Impairment came in at $27.8 million in Q2 2023, up 84.45% YoY from $15.1 million in Q2 2022, and down 37.79% on a QoQ basis from $44.7 million in Q1 2023.
People (PPLI) Asset Writedowns and Impairment (2020 - 2023) Analysis & Trends
People (PPLI) has 4 years of Asset Writedowns and Impairment data on file, last reported at $27.8 million in Q2 2023.
- Quarterly Asset Writedowns and Impairment rose 84.45% year-over-year to $27.8 million in Q2 2023, while the trailing twelve-month figure through Jun 2023 was $101.3 million (up 116.71% YoY) and the FY2020 annual result came in at $80.8 million, up 22.89% from the prior year.
- Asset Writedowns and Impairment eased to $27.8 million in Q2 2023, from $44.7 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $62.7 million in Q4 2020 to a low of $5.5 million in Q3 2021.
- A 4-year average of $23.6 million and a median of $14.4 million in 2022 frame the typical range for Asset Writedowns and Impairment.
- Annual changes were most pronounced in 2022 — Asset Writedowns and Impairment grew 21.47% — and 2023, when it surged 225.64%.
- Tracing PPLI's Asset Writedowns and Impairment over 4 years: stood at $62.7 million in 2020, then sank by 91.17% to $5.5 million in 2021, then soared by 172.26% to $15.1 million in 2022, then surged by 84.45% to $27.8 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $27.8 million (Q2 2023), $44.7 million (Q1 2023), and $15.1 million (Q2 2022), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,174.72 Bn | 3,745.68 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,527.43 Bn | 1,437.17 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,141.85 Bn | 1,141.71 Bn | 139.48 Mn |
| 4 | Baidu | 288.67 Bn | 284.18 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.12 Bn | 92.89 Bn | 1.75 Bn |
| 6 | Joyy | 77.47 Bn | 76.58 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.66 Bn | 40.04 Bn | 295.20 Mn |
| 9 | 30.24 Bn | 27.45 Bn | 734.60 Mn | |
| 10 | People | 3.00 Bn | 1.89 Bn | 280.20 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2023 | 27.81 Mn |
| Jun 30, 2023 | 27.81 Mn |
| Mar 31, 2023 | 44.70 Mn |
| Mar 31, 2023 | 44.70 Mn |
| Jun 30, 2022 | 15.08 Mn |
| Jun 30, 2022 | 15.08 Mn |
| Mar 31, 2022 | 13.73 Mn |
| Mar 31, 2022 | 13.73 Mn |
| Sep 30, 2021 | 5.54 Mn |
| Sep 30, 2021 | 5.54 Mn |
| Jun 30, 2021 | 12.41 Mn |
| Jun 30, 2021 | 12.41 Mn |
| Mar 31, 2021 | 6.55 Mn |
| Mar 31, 2021 | 6.55 Mn |
| Dec 31, 2020 | 62.72 Mn |
| Dec 31, 2020 | 62.72 Mn |