Vir Biotechnology (VIR) Asset Writedowns and Impairment (2020 - 2024)
Vir Biotechnology's (VIR) quarterly Asset Writedowns and Impairment came in at $11.0 million in Q4 2024, up 300.07% year-on-year from $2.8 million in Q1 2024, and up 300.07% quarter-over-quarter from $2.8 million in Q4 2023.
Vir Biotechnology (VIR) Asset Writedowns and Impairment (2020 - 2024) Analysis & Trends
Vir Biotechnology has disclosed Asset Writedowns and Impairment across 3 years of filings, most recently posting $11.0 million for Q4 2024.
- Asset Writedowns and Impairment for Q4 2024 came in at $11.0 million, up 300.07% year-over-year; the trailing twelve-month figure through Dec 2025 was $11.0 million (down 20.0% YoY), and the FY2024 annual result was $14.6 million, up 50.65% from the prior year.
- Asset Writedowns and Impairment came in at $11.0 million for Q4 2024 at Vir Biotechnology, up from $2.8 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $11.0 million in Q4 2024 to a low of $800000.0 in Q3 2020.
- The 3-year median for Asset Writedowns and Impairment is $2.8 million (2023), against an average of $4.9 million.
- Peak annual rise in Asset Writedowns and Impairment reached 300.07% in 2024, while the deepest fall reached 300.07% in 2024.
- Vir Biotechnology's Asset Writedowns and Impairment stood at $800000.0 in 2020, then jumped by 244.88% to $2.8 million in 2023, then surged by 300.07% to $11.0 million in 2024.
- The last three Asset Writedowns and Impairment figures came in at $11.0 million (Q4 2024), $2.8 million (Q4 2023), and $800000.0 (Q3 2020), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Alterity Therapeutics | 925,601.88 Bn | 925,601.85 Bn | - |
| 2 | Belite Bio | 58,560.00 Bn | 58,560.00 Bn | - |
| 3 | Quantum Biopharma | 17,284.41 Bn | 17,284.40 Bn | - |
| 4 | Legend Biotech | 2,809.00 Bn | 2,808.71 Bn | 242.10 Mn |
| 5 | Evaxion A | 1,334.43 Bn | 1,334.42 Bn | - |
| 6 | Akari Therapeutics | 1,312.27 Bn | 1,312.26 Bn | - |
| 7 | Psyence Biomedical | 212.16 Bn | 212.16 Bn | - |
| 8 | Vertex Pharmaceuticals | 114.83 Bn | 107.58 Bn | 2.59 Bn |
| 9 | Abivax | 91.96 Bn | 91.96 Bn | - |
| 10 | Vir Biotechnology | 1.35 Bn | 1.35 Bn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | 11.04 Mn |
| Dec 31, 2024 | 11.04 Mn |
| Dec 31, 2023 | 2.76 Mn |
| Dec 31, 2023 | 2.76 Mn |
| Sep 30, 2020 | 800,000.00 |
| Sep 30, 2020 | 800,000.00 |