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CTS Eventim AG. KGaA (FRA:EVD) Research & Development : €0 Mil (TTM As of Dec. 2023)


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What is CTS Eventim AG. KGaA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. CTS Eventim AG. KGaA's Research & Development for the three months ended in Dec. 2023 was €0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €0 Mil.

CTS Eventim AG. KGaA Research & Development Historical Data

The historical data trend for CTS Eventim AG. KGaA'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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CTS Eventim AG. KGaA Research & Development Chart

CTS Eventim AG. KGaA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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CTS Eventim AG. KGaA Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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CTS Eventim AG. KGaA 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 quarterly data reported by the company within the most recent 12 months, which was €0 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.

CTS Eventim AG. KGaA  (FRA:EVD) 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.

CTS Eventim AG. KGaA Research & Development Related Terms

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CTS Eventim AG. KGaA (FRA:EVD) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » CTS Eventim AG & Co. KGaA (FRA:EVD) » Definitions » Research & Development
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Traded in Other Exchanges
CEVMY:USA CEVMF:USA EVDd:UK 0EEE:UK EVD:Germany EVD:Austria
Address
Contrescarpe 75 A, Bremen, HB, DEU, 28195
Website
https://www.eventim.de
CTS Eventim AG & Co. KGaA is a diversified media company that focuses on the ticketing market. The business is divided into two segments, ticketing, and live entertainment. The ticketing segment produces, sells, and distributes tickets for a variety of leisure-based events. The company sells tickets for concerts, sports, theater events, and provides travel services as well. The live entertainment business segment plans and organizes tour events, largely for music-based concerts. The company generates the vast majority of its revenue in Germany.

CTS Eventim AG. KGaA (FRA:EVD) Headlines

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