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Cardeon AB (NGM:CARDEO) Research & Development : kr-6.21 Mil (TTM As of Dec. 2023)


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What is Cardeon AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Cardeon AB's Research & Development for the six months ended in Dec. 2023 was kr-2.42 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was kr-6.21 Mil.

Cardeon AB Research & Development Historical Data

The historical data trend for Cardeon AB'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.

* Premium members only.

Cardeon AB Research & Development Chart

Cardeon AB Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial - - - -3.13 -6.21

Cardeon AB Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - -3.13 -3.79 -2.42

Cardeon AB 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 kr-6.21 Mil.

* 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.

Cardeon AB  (NGM:CARDEO) 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.

Cardeon AB Research & Development Related Terms

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Cardeon AB (NGM:CARDEO) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cardeon AB (NGM:CARDEO) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
Gasverksgatan 3, Lund, SWE, SE-222 29
Website
https://www.cardeon.se
Cardeon AB is an investment company. It primarily invests in Nordic innovative companies and startups within life science.

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