Upwork (UPWK) Asset Writedowns and Impairment (2017 - 2022)
Upwork (UPWK) posted quarterly Asset Writedowns and Impairment of -$1.9 million for Q2 2022, down 125.93% year-over-year from $7.4 million in Q2 2021, and down 200.0% quarter-over-quarter from $1.9 million in Q1 2022.
Upwork (UPWK) Asset Writedowns and Impairment (2017 - 2022) Analysis & Trends
Upwork's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at -$1.9 million for Q2 2022.
- In Q2 2022, Asset Writedowns and Impairment fell 125.93% year-over-year to -$1.9 million; the TTM figure through Sep 2022 stood at $1.4 million (down 81.7% YoY), while the FY2021 annual figure was $8.7 million, changed N/A from the prior year.
- Asset Writedowns and Impairment for Q2 2022 stood at -$1.9 million, down from $1.9 million in the prior quarter.
- The five-year high for Asset Writedowns and Impairment was $7.4 million in Q2 2021, with the low at -$2.1 million in Q4 2019.
- The 5-year median for Asset Writedowns and Impairment is $870000.0 (2020), against an average of $834562.5.
- The sharpest annual moves came in 2020 and 2021: Asset Writedowns and Impairment plunged 254.42% in 2020, then jumped 782.0% in 2021.
- Upwork's Asset Writedowns and Impairment stood at $1.9 million in 2018, then sank by 209.83% to -$2.1 million in 2019, then advanced by 22.71% to -$1.6 million in 2020, then soared by 184.18% to $1.4 million in 2021, then plunged by 241.94% to -$1.9 million in 2022.
- Business Quant data shows UPWK's Asset Writedowns and Impairment at -$1.9 million in Q2 2022, $1.9 million in Q1 2022, and $1.4 million in Q4 2021.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alphabet | 4,200.11 Bn | 3,771.08 Bn | 73.85 Bn |
| 2 | Meta Platforms | 1,537.05 Bn | 1,446.79 Bn | 49.47 Bn |
| 3 | Taboola.com | 1,136.28 Bn | 1,136.15 Bn | 139.48 Mn |
| 4 | Baidu | 289.62 Bn | 285.13 Bn | 1.88 Mn |
| 5 | Spotify Technology | 103.01 Bn | 92.78 Bn | 1.75 Bn |
| 6 | Joyy | 77.55 Bn | 76.66 Bn | 205.64 Mn |
| 7 | BILI Social International | 60.58 Bn | 60.58 Bn | 405,933.00 |
| 8 | Nebius | 49.35 Bn | 39.72 Bn | 295.20 Mn |
| 9 | 30.42 Bn | 27.63 Bn | 734.60 Mn | |
| 10 | Upwork | 1.09 Bn | 514.38 Mn | 150.84 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2022 | -1.92 Mn |
| Jun 30, 2022 | -1.92 Mn |
| Mar 31, 2022 | 1.92 Mn |
| Mar 31, 2022 | 1.92 Mn |
| Dec 31, 2021 | 1.35 Mn |
| Dec 31, 2021 | 1.35 Mn |
| Sep 30, 2021 | -912,000.00 |
| Sep 30, 2021 | -912,000.00 |
| Jun 30, 2021 | 7.40 Mn |
| Jun 30, 2021 | 7.40 Mn |
| Mar 31, 2021 | 901,000.00 |
| Mar 31, 2021 | 901,000.00 |
| Sep 30, 2020 | -1.61 Mn |
| Sep 30, 2020 | -1.61 Mn |
| Jun 30, 2020 | 839,000.00 |
| Jun 30, 2020 | 839,000.00 |
| Mar 31, 2020 | 767,000.00 |
| Mar 31, 2020 | 767,000.00 |
| Dec 31, 2019 | -2.08 Mn |
| Dec 31, 2019 | -2.08 Mn |