Platinum Asset Management (ASX:PTM) Research & Development : A$0.0 Mil (TTM As of Dec. 2023)

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What is Platinum Asset Management Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Platinum Asset Management's Research & Development for the six months ended in Dec. 2023 was A$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was A$0.0 Mil.

Platinum Asset Management Research & Development Historical Data

The historical data trend for Platinum Asset Management'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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Platinum Asset Management Research & Development Chart

Platinum Asset Management Annual Data

Trend

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Research & Development

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Platinum Asset Management Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Platinum Asset Management Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$0.0 Mil.

Platinum Asset Management (ASX:PTM) 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.

Platinum Asset Management Research & Development Related Terms

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Platinum Asset Management (ASX:PTM) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Platinum Asset Management Ltd (ASX:PTM) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

PIJ:Germany

Address

Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000

Website

https://www.platinum.com.au

Platinum Asset Management is an Australian-based niche fund manager with a specialty in international equities founded in 1994. It offers region and industry-specific funds in addition to global portfolios. There is flexibility in the investment strategies at Platinum, with funds having the option to engage in short-selling, taking positions in foreign exchange markets, and derivative-based activities to manage risk and aid performance.