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
DateValue
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