FY25 Non-Cash Impairment

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Stock Dubber Corporation Ltd (DUB.ASX)
Release Time 26 Aug 2025, 5:37 p.m.
Price Sensitive Yes
 Dubber Corporation announces FY25 non-cash impairment
Key Points
  • Expects to recognise $17.5m non-cash impairment charge
  • Impairment due to loss of significant customer contract with Virgin Media O2
  • Impairment is a non-cash accounting adjustment with no impact on cash position or operations
Full Summary

Dubber Corporation Limited (ASX: DUB), the conversation intelligence platform for Communications Service Providers, has advised that following an impairment review of its goodwill and acquired intangible assets relating to the acquisition of Aeriandi Ltd in 2020, the Company expects to recognise a one-off non-cash impairment charge of approximately $17.5m in its financial statements for the year ending 30 June 2025. This impairment arises primarily due to the loss of a significant customer contract with Virgin Media O2 (VMO2), which has impacted the recoverable value of certain acquired intangible assets. The impairment is a non-cash accounting adjustment and has no impact on Dubber's cash position or ongoing operations. Further details will be provided in Dubber's upcoming annual report and audited financial statements.