Acroud AB announces impairment charge to Goodwill during the second quarter of 2023.
Acroud AB announces an impairment charge of EUR 20 million related to the old assets stemming from Net Gaming’s (former name of Acroud) acquisition of Highlight Media business back in 2016. Management will report the impairment in the 2023 year-end report as an item affecting comparability during the second quarter of 2023. The impairment charge does not affect cash flow.The write-down and consequent impairment charge reflect an updated assessment by management of the assets’ expected future earnings. Management regularly assesses expected future earnings in accordance with IAS 36. The