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Upwork (UPWK) Asset Writedowns and Impairment (2017 - 2022)

Upwork (UPWK) has 5 years of Asset Writedowns and Impairment data on record, last reported at -$1.9 million in Q2 2022.

  • For Q2 2022, Asset Writedowns and Impairment fell 129.58% year-over-year to -$1.9 million; the TTM value through Sep 2022 reached $1.4 million, down 81.7%, while the annual FY2021 figure was $8.7 million, N/A changed from the prior year.
  • Asset Writedowns and Impairment reached -$1.9 million in Q2 2022 per UPWK's latest filing, down from $1.9 million in the prior quarter.
  • Across five years, Asset Writedowns and Impairment topped out at $6.5 million in Q2 2021 and bottomed at -$2.1 million in Q4 2019.
  • Average Asset Writedowns and Impairment over 5 years is $890200.0, with a median of $901000.0 recorded in 2021.
  • Peak YoY movement for Asset Writedowns and Impairment: tumbled 254.42% in 2020, then surged 673.3% in 2021.
  • A 5-year view of Asset Writedowns and Impairment shows it stood at $1.9 million in 2018, then plummeted by 209.83% to -$2.1 million in 2019, then rose by 22.71% to -$1.6 million in 2020, then skyrocketed by 184.18% to $1.4 million in 2021, then plummeted by 241.94% to -$1.9 million in 2022.
  • Per Business Quant database, its latest 3 readings for Asset Writedowns and Impairment were -$1.9 million in Q2 2022, $1.9 million in Q1 2022, and $1.4 million in Q4 2021.