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 Reddit 33.56 Bn 30.79 Bn 511.94 Mn
6 Pinterest 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 Weibo - - 319.78 Mn

Historic Data

Download Data
DateValue
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