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Ainsworth Game Technology (Ainsworth Game Technology) Research & Development : $30.6 Mil (TTM As of Dec. 2023)


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What is Ainsworth Game Technology Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ainsworth Game Technology's Research & Development for the six months ended in Dec. 2023 was $16.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $30.6 Mil.

Ainsworth Game Technology Research & Development Historical Data

The historical data trend for Ainsworth Game Technology'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.

Ainsworth Game Technology Research & Development Chart

Ainsworth Game Technology Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.79 28.08 28.43 25.50 24.80

Ainsworth Game Technology 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 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 12.86 12.16 13.12 14.65 15.98

Ainsworth Game Technology 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 $30.6 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.

Ainsworth Game Technology  (OTCPK:AINSF) 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.

Ainsworth Game Technology Research & Development Related Terms

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Ainsworth Game Technology (Ainsworth Game Technology) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Ainsworth Game Technology Ltd (OTCPK:AINSF) » Definitions » Research & Development
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ASX:PBH ASX:BET ASX:BBT ASX:JIN ASX:TAH LSE:FLTR OSTO:EVO DKNG ASX:ALL LNW CHDN XPAR:FDJ ASX:TLC ATH:OPAP LSE:ENT IGT MIL:LTMC OSTO:KIND SDB TSE:6417 LSE:PTEC
Traded in Other Exchanges
AGI:Australia
Address
10 Holker Street, Newington, Sydney, NSW, AUS, 2127
Website
https://www.agtslots.com
Ainsworth Game Technology is an electronic gaming machine manufacturer, selling machines to pubs, clubs, and casinos. The firm is licence in all Australian states and territories, most North American jurisdictions, and several other countries. With the firm's domestic market share and earnings shrinking, the company has shifted focus to international operations, particularly the North American business.