Axis Auto Finance Inc. reported impairment charges for the fourth quarter ended June 30, 2023. For the quarter, the company reported goodwill impairment expense of $17,810,702. The company incurred a non-cash, goodwill impairment expense related to its automotive cash generating unit (?CGU?), as compared to nil in the comparable quarter of prior year.
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- Axis Auto Finance Inc. Reports Impairment Charges for the Fourth Quarter Ended June 30, 2023