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Mdf Commerce (Mdf Commerce) Research & Development : $23.93 Mil (TTM As of Dec. 2023)


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What is Mdf Commerce Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mdf Commerce's Research & Development for the three months ended in Dec. 2023 was $5.76 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $23.93 Mil.

Mdf Commerce Research & Development Historical Data

The historical data trend for Mdf Commerce'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.

Mdf Commerce Research & Development Chart

Mdf Commerce Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.08 16.47 18.28 22.73 26.29

Mdf Commerce Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 6.38 6.83 5.92 5.42 5.76

Mdf Commerce 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 $23.93 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.

Mdf Commerce  (OTCPK:MECVF) 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.

Mdf Commerce Research & Development Related Terms

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Mdf Commerce (Mdf Commerce) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Mdf Commerce Inc (OTCPK:MECVF) » Definitions » Research & Development
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Traded in Other Exchanges
MDF:Canada
Address
1111 St-Charles Street West, East Tower, Suite 255, Longueuil, QC, CAN, J4K 5G4
Website
https://www.mdfcommerce.com
Mdf Commerce Inc enables the flow of commerce by providing a broad set of SaaS solutions that optimize and accelerate commercial interactions between buyers and sellers. Its platforms and services empower businesses around the world, allowing them to generate billions of dollars in transactions on an annual basis. The company's procurement, e-commerce and e-marketplace platforms are supported by a strong and dedicated team based in Canada, the United States, Denmark, Ukraine, and China.