https://www.bankingday.com/credit-concerns-goodwill-reviews-test-zip
“Reflecting current market conditions, the company has reviewed the goodwill against the Spotti, Twisto and Quadpay assets and is assessing the need to take an impairment charge against the carrying value of goodwill in its FY2022 accounts.”
These are bound to be deep, and likely to encompass all its ROW entities, and not just three of the most valuable.
Goodwill comprised $894 million in Zip’s December 2021 half-year accounts, with $745 million relating to Zip US (formerly Quadpay)."
Does this mean a takeover might not be likely in the short-term if you're wanting a asset acquisition value with these impariment charges?
https://www.bankingday.com/credit-concerns-goodwill-reviews-test-...
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