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TrustBIX (TSXV:TBIX) Research & Development : C$-0.02 Mil (TTM As of Mar. 2024)


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What is TrustBIX Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. TrustBIX's Research & Development for the three months ended in Mar. 2024 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$-0.02 Mil.

TrustBIX Research & Development Historical Data

The historical data trend for TrustBIX'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.

TrustBIX Research & Development Chart

TrustBIX Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
Get a 7-Day Free Trial 0.09 0.16 0.22 0.34 -0.05

TrustBIX Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.07 -0.05 0.03 - -

TrustBIX Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$-0.02 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.

TrustBIX  (TSXV:TBIX) 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.

TrustBIX Research & Development Related Terms

Thank you for viewing the detailed overview of TrustBIX's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

TrustBIX (TSXV:TBIX) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TrustBIX Inc (TSXV:TBIX) » Definitions » Research & Development
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Traded in Other Exchanges
TBIXF:USA
Address
10607 - 82 Street NW, Suite 200, 2nd Floor, Edmonton, AB, CAN, T6A 3N2
Website
https://www.trustbix.com
TrustBIX Inc goal is to create a world where we trust more, waste less and reward sustainable behaviour by addressing consumer and agri-food business demands. The company delivers independent validation of food provenance and sustainable production practices within the supply chain - Gate to Plate. It provides a suite of hardware and software solutions to the livestock industry in North America and China. The company's Insight technology offers an edge-to-enterprise supply chain solution that brings asset situational awareness to dealers, equipment fleets, and civil construction managers.
Executives
Hubert Lau Director, Senior Officer

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