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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 Dec. 2015 was $8.0 Mil. Its research and development for the trailing twelve months (TTM) ended in Dec. 2015 was $30.7 Mil.
This is the expense the company spent on research and development.
Ebix Inc Research & Development for the trailing twelve months (TTM) ended in Dec. 2015 was 7.047 (Mar. 2015 ) + 7.288 (Jun. 2015 ) + 8.338 (Sep. 2015 ) + 8.029 (Dec. 2015 ) = $30.7 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||5.2||7.6||9.0||11.4||13.6||19.2||24.8||26.8||26.9||30.7|
Ebix Inc Quarterly Data
|Research & Development||6.6||6.4||6.7||6.8||6.8||6.6||7.0||7.3||8.3||8.0|