Weibo (WEIBF) Asset Writedowns and Impairment (2018 - 2023)
Weibo (WEIBF) recorded quarterly Asset Writedowns and Impairment of $11.8 million in Q4 2023, up 89.09% quarter-over-quarter from $6.3 million in Q4 2022, and up 89.09% on a YoY basis from $6.3 million in Q4 2022.
Weibo (WEIBF) Asset Writedowns and Impairment (2018 - 2023) Analysis & Trends
Weibo's Asset Writedowns and Impairment history runs 6 years deep, the most recent figure standing at $11.8 million for Q4 2023.
- In Q4 2023, Asset Writedowns and Impairment rose 89.09% year-over-year to $11.8 million; the TTM figure through Dec 2023 stood at $150.6 million (up 593.88% YoY), while the FY2025 annual figure was -$32.1 million, down 360.29% from the prior year.
- Asset Writedowns and Impairment was $11.8 million for Q4 2023 at Weibo, up from $6.3 million in the prior quarter.
- In the past five years, Asset Writedowns and Impairment ranged from a high of $171.0 million in Q4 2020 to a low of -$169.2 million in Q3 2021.
- Historically, Asset Writedowns and Impairment has averaged $3.7 million across 5 years, with a median of $8.2 million in 2022.
- The sharpest annual moves came in 2022 and 2023: Asset Writedowns and Impairment plunged 94.88% in 2022, then surged 89.09% in 2023.
- A 5-year view of Asset Writedowns and Impairment shows it stood at -$800000.0 in 2019, then soared by 21469.88% to $171.0 million in 2020, then dropped by 28.46% to $122.3 million in 2021, then slumped by 94.88% to $6.3 million in 2022, then soared by 89.09% to $11.8 million in 2023.
- The last three Asset Writedowns and Impairment figures came in at $11.8 million (Q4 2023), $6.3 million (Q4 2022), and $10.2 million (Q2 2022), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Nebius | 2,430,078.11 Bn | 2,430,078.11 Bn | 295.20 Mn |
| 2 | Alphabet | 4,448.32 Bn | 4,232.70 Bn | 102.29 Bn |
| 3 | Meta Platforms | 1,465.06 Bn | 1,383.88 Bn | 46.09 Bn |
| 4 | Spotify Technology | 113.19 Bn | 102.95 Bn | 1.75 Bn |
| 5 | 33.56 Bn | 30.79 Bn | 511.94 Mn | |
| 6 | 12.93 Bn | 11.63 Bn | 768.96 Mn | |
| 7 | Kanzhun | 12.77 Bn | 10.67 Bn | 255.62 Bn |
| 8 | Match | 8.28 Bn | 7.26 Bn | 653.28 Mn |
| 9 | Snap | 7.91 Bn | 5.08 Bn | 1.29 Bn |
| 10 | - | - | 319.78 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2023 | 11.84 Mn |
| Dec 31, 2023 | 11.84 Mn |
| Dec 31, 2022 | 6.26 Mn |
| Dec 31, 2022 | 6.26 Mn |
| Jun 30, 2022 | 10.18 Mn |
| Jun 30, 2022 | 10.18 Mn |
| Dec 31, 2021 | 122.30 Mn |
| Dec 31, 2021 | 122.30 Mn |
| Sep 30, 2021 | -169.22 Mn |
| Sep 30, 2021 | -169.22 Mn |
| Dec 31, 2020 | 170.96 Mn |
| Dec 31, 2020 | 170.96 Mn |
| Sep 30, 2020 | -121.76 Mn |
| Sep 30, 2020 | -121.76 Mn |
| Mar 31, 2019 | -800,000.00 |
| Mar 31, 2019 | -800,000.00 |
| Dec 31, 2018 | 755,000.00 |
| Dec 31, 2018 | 755,000.00 |
| Sep 30, 2018 | 10.55 Mn |
| Sep 30, 2018 | 10.55 Mn |