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Mission Produce, Inc. AVO Goodwill impairment
Discontinued — last reported Q4 '24
Goodwill impairment at other companies
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Where this comes from
Reported directly by Mission Produce, Inc. in its filing.
Tagged under the XBRL concept us-gaap:GoodwillImpairmentLoss.
The source filing: Mission Produce, Inc.’s 10-K, filed December 19, 2024.
- Filed
- Dec 19, 2024
- Fiscal year
- FY2025
- Accession
- 0001802974-24-000053
| (In millions, except for per share amounts) | Years Ended October 31, 2024 | Years Ended October 31, 2023 | Years Ended October 31, 2022 |
|---|---|---|---|
| Cost of sales | 1,082.2 | 870.6 | 956.1 |
| Gross profit | 152.5 | 83.3 | 89.8 |
| Selling, general and administrative expenses | 86.8 | 76.4 | 77.5 |
| Goodwill impairment | — | — | 49.5 |
| Operating income (loss) | 65.7 | 6.9 | (37.2) |
| Interest expense | (12.6) | (11.6) | (5.5) |
| Equity method income | 3.7 | 4.0 | 5.1 |
| Remeasurement gain on acquisition of equity method investee | — | — | 2.0 |
Item 16. Form 10-K Summary
FAQ
- What is Mission Produce, Inc.'s goodwill impairment?
- Mission Produce, Inc. (AVO) reported goodwill impairment of $0 in Q3 2024.
- What does goodwill impairment mean?
- Write-down of goodwill carrying value when a reporting unit's fair value falls below its book value, indicating that past acquisitions have lost value.
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