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IGG (FRA:I91) Research & Development : €110.0 Mil (TTM As of Dec. 2023)


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What is IGG Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. IGG's Research & Development for the six months ended in Dec. 2023 was €51.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was €110.0 Mil.

IGG Research & Development Historical Data

The historical data trend for IGG'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.

IGG Research & Development Chart

IGG Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 83.08 73.16 142.27 158.24 109.77

IGG 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 85.79 88.98 68.74 58.97 51.01

IGG 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 €110.0 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.

IGG  (FRA:I91) 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.

IGG Research & Development Related Terms

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IGG (FRA:I91) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Communication Services » Interactive Media » IGG Inc (FRA:I91) » Definitions » Research & Development
Comparable Companies
HKSE:06633 HKSE:03798 HKSE:02660 HKSE:00302 HKSE:06820 HKSE:01119 HKSE:09990 HKSE:01961 HKSE:02100 HKSE:02400 ATVI ATVI NTES TSE:7974 EA TTWO RBLX TSE:3659 TSE:9766 TSE:9697
Traded in Other Exchanges
IGGGF:USA 00799:Hong Kong
Address
80 Pasir Panjang Road, No. 18-84 Mapletree Business City, Singapore, SGP, 117372
Website
https://www.igg.com
IGG Inc develops, markets, and publishes mobile online games. Aside from Singapore, the company operates in the United States, Mainland China, Hong Kong, Canada, Japan, Korea, Thailand, and the Philippines. North America, Europe, and Asia contribute relatively equal shares of the company's total revenue. The company offers free-to-play mobile, browser, and client-based online games. IGG operates through its mobile games segment, which comprises most of the company's overall revenue. Some of its notable games include Castle Clash, Clash of Lords, Deck Heroes, and Texas Hold 'Em Poker Deluxe.

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