WEIBO Corp (WEIBF) Asset Writedowns and Impairment (2018 - 2023)

Weibo (WEIBF) has reported Asset Writedowns and Impairment for 6 consecutive years, with -$4.3 million the latest figure, recorded in Q4 2023.

• In Q4 2023, Asset Writedowns and Impairment rose 83.29% year-over-year to -$4.3 million; the TTM figure through Dec 2023 stood at $56.5 million (down 75.61% YoY), while the FY2025 annual figure was -$32.1 million, down 360.29% from the prior year.
• Asset Writedowns and Impairment came in at -$4.3 million for Q4 2023 at Weibo, up from -$25.5 million in the prior quarter.
• The five-year high for Asset Writedowns and Impairment was $171.0 million in Q4 2020, with the low at -$113.9 million in Q3 2020.
• Average Asset Writedowns and Impairment over 5 years is $16.1 million, with a median of -$4.3 million recorded in 2023.
• The largest YoY upside for Asset Writedowns and Impairment was 248.55% in 2021 against a maximum downside of 148.49% in 2021.
• Year by year, Asset Writedowns and Impairment stood at -$800000.0 in 2019, then soared by 21469.88% to $171.0 million in 2020, then slumped by 148.49% to -$82.9 million in 2021, then soared by 69.19% to -$25.5 million in 2022, then soared by 83.29% to -$4.3 million in 2023.
• According to Business Quant data, Asset Writedowns and Impairment over the past three periods registered -$4.3 million, -$25.5 million, and -$82.9 million for Q4 2023, Q4 2022, and Q4 2021 respectively.