Upwork's Asset Writedowns and Impairment changed N/A to -$8.3 million in Q3 2022 from the same period last year, while for Sep 2022 it was $1.4 million, marking a year-over-year decrease of 7144.67%. This contributed to the annual value of $8.7 million for FY2021, which is N/A changed from last year.
Latest data reveals that Upwork reported Asset Writedowns and Impairment of -$8.3 million as of Q3 2022.
In the past 5 years, Upwork's Asset Writedowns and Impairment registered a high of $6.5 million during Q2 2021, and its lowest value of -$8.3 million during Q3 2022.
Over the past 5 years, Upwork's median Asset Writedowns and Impairment value was $1.0 million (recorded in 2019), while the average stood at $785470.6.
Per our database at Business Quant, Upwork's Asset Writedowns and Impairment plummeted by 6732.28% in 2019 and then skyrocketed by 67330.15% in 2021.
Over the past 5 years, Upwork's Asset Writedowns and Impairment (Quarter) stood at $1.9 million in 2018, then plummeted by 209.83% to -$2.1 million in 2019, then fell by 27.72% to -$2.7 million in 2020, then skyrocketed by 150.94% to $1.4 million in 2021, then crashed by 714.64% to -$8.3 million in 2022.
Its Asset Writedowns and Impairment was -$8.3 million in Q3 2022, compared to $6.4 million in Q2 2022 and $1.9 million in Q1 2022.

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