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This is the expense the company spent on research and development. Ebix Inc's research and development for the three months ended in Sep. 2014 was $6.8 Mil. Its research and development for the trailing twelve months (TTM) ended in Sep. 2014 was $26.6 Mil.
This is the expense the company spent on research and development.
Ebix Inc Research & Development for the trailing twelve months (TTM) ended in Sep. 2014 was 6.414 (Dec. 2013 ) + 6.693 (Mar. 2014 ) + 6.758 (Jun. 2014 ) + 6.779 (Sep. 2014 ) = $26.6 Mil.
If competitive advantage is created by a patent or tech advantage, at some point it will disappear.
High R&D usually dictates high SG&A which threatens the competitive advantage.
Ebix Inc Annual Data
|Research & Development||3.0||3.3||5.2||7.6||9.0||11.4||13.6||19.2||24.8||26.8|
Ebix Inc Quarterly Data
|Research & Development||5.8||7.1||7.6||7.0||6.7||6.6||6.4||6.7||6.8||6.8|