Almost AU$280 million in significant items turn a AU$101 million underlying profit into a AU$178 million statutory loss. …read more Source:: Open Source S
Tag: impairment
Superloop FY19 smashed by AU$50m managed cloud services impairment
by
•Steady revenue and 20% increased costs leads to smaller EBITDA before amortisation and impairment leaves company with AU$84 million net loss before tax. …read more Source:: Open Source S
Telstra writes down Ooyala to zero, takes AU$273m impairment
by
•Telstra has been forced to announce another impairment in addition to a write-down to zero of IPTV business Ooyala, with the telco blaming changing ‘market dynamics’ in broadcast media. …read more Source:: Open Source S