Prenetics Global (Prenetics Global) Research & Development

: $20.9 Mil (TTM As of Sep. 2023)

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Research & Development is the aggregate amount of research and development expenses during the year. Prenetics Global's Research & Development for the three months ended in Sep. 2023 was $4.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was $20.9 Mil.

Prenetics Global Research & Development Historical Data

The historical data trend for Prenetics Global's Research & Development can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Array ( [0] => 2.99 [1] => 2.78 [2] => 10.56 [3] => 15.52 )

Prenetics Global Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Research & Development

2.99

2.78

10.56

15.52

Prenetics Global Quarterly Data
	Dec19	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Research & Development									0.80	10.78	3.48	2.70	3.98

Prenetics Global Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $20.9 Mil.

Prenetics Global (NAS:PRE) Research & Development Explanation

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.

Prenetics Global Research & Development Related Terms

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Prenetics Global (Prenetics Global) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Medical Diagnostics & Research » Prenetics Global Ltd (NAS:PRE) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

Unit 701-706, K11 Atelier King’s Road, 728 King’s Road, Quarry Bay, Hong Kong, HKG

Website

https://www.prenetics.com

Prenetics Global Ltd is a diagnostic and genetic testing company. It is a genomics and precision oncology company that has devised a method to integrate early detection for cancer, targeted therapy and direct-to-consumer genetic testing services into one comprehensive platform. It operates in two segments. The prevention segment includes the design & sale of genetics testing (including update services) & stool-based DNA tests for early colorectal cancer screening. The diagnostic segment includes the sale of COVID-19 testing services & products and precision oncology services. The majority of revenue is from the diagnostics segment. Geographically, it operates in Hong Kong and the United Kingdom, out of which the majority is from Hong Kong.