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Dubber Corporation Limited ( (AU:DUB) ) has shared an announcement.
Dubber Corporation Limited announced a one-off non-cash impairment charge of approximately $17.5 million due to the loss of a significant customer contract with Virgin Media O2. This impairment affects the recoverable value of certain acquired intangible assets but does not impact Dubber’s cash position or ongoing operations.
More about Dubber Corporation Limited
Dubber Corporation Limited is a market leader in conversational intelligence and unified conversational recording, primarily serving Communications Service Providers. The company is embedded in over 240 networks and services, enabling providers to leverage network conversations for innovation, retention, and revenue.
Average Trading Volume: 3,614,049
Technical Sentiment Signal: Strong Sell
Current Market Cap: A$57.75M
Learn more about DUB stock on TipRanks’ Stock Analysis page.