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TechFinancials (AQSE:TECH) Selling, General, & Admin. Expense : £0.16 Mil (TTM As of Jun. 2023)


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What is TechFinancials Selling, General, & Admin. Expense?

Selling, general, & admin. expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. TechFinancials's selling, general, & admin. expense for the six months ended in Jun. 2023 was £0.07 Mil. Its selling, general, & admin. expense for the trailing twelve months (TTM) ended in Jun. 2023 was £0.16 Mil.


TechFinancials Selling, General, & Admin. Expense Historical Data

The historical data trend for TechFinancials's Selling, General, & Admin. Expense 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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TechFinancials Selling, General, & Admin. Expense Chart

TechFinancials Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Selling, General, & Admin. Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.87 2.52 0.18 0.18 0.14

TechFinancials Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Selling, General, & Admin. Expense 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 0.10 0.08 0.06 0.08 0.07

Competitive Comparison of TechFinancials's Selling, General, & Admin. Expense

For the Asset Management subindustry, TechFinancials's Selling, General, & Admin. Expense, along with its competitors' market caps and Selling, General, & Admin. Expense data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


TechFinancials's Selling, General, & Admin. Expense Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, TechFinancials's Selling, General, & Admin. Expense distribution charts can be found below:

* The bar in red indicates where TechFinancials's Selling, General, & Admin. Expense falls into.



TechFinancials Selling, General, & Admin. Expense Calculation

Selling, General, & Admin. Expense (SGA) includes the direct and indirect costs and all general and administrative expenses of a company. For instance, personnel cost, advertising, rent, communication costs are all part of SGA.

Selling, General, & Admin. Expense for the trailing twelve months (TTM) ended in Jun. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was £0.16 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.


TechFinancials  (AQSE:TECH) Selling, General, & Admin. Expense Explanation

An efficient operation keeps SGA costs low and thus has higher profit margin. The percentage of SGA relative to total revenue is an indication of how efficiently the company operates. Compare this percentage among the companies in the same industry is a good way of finding more efficient operations. A comparison of the SGA cost relative to the revenue with the historical value can also be an indication of how efficient the company has become.

Warren Buffett likes companies with consistent SGA as the percentage of gross profit.

Companies with no durable competitive advantage show wild variation in SG&A as % of Gross Profit.

If SGA is less than 30% of Gross Profit, it is fantastic. If SGA is nearing 100%, it is is in highly competitive industry.


TechFinancials Selling, General, & Admin. Expense Related Terms

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TechFinancials (AQSE:TECH) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Craigmuir Chambers, P.O. Box 71, Tortola, Road Town, VGB, VG1110
TechFinancials Inc invests in technology related business, including artificial intelligence and machine learning and blockchain-based digitisation of assets. The Company's principle investment, RenewSenses using artificial intelligence, develops a wearable device to help people with visual impairment.

TechFinancials (AQSE:TECH) Headlines