Mattr (MTTRF) Research & Development : $6.9 Mil (TTM As of Mar. 2024)

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What is Mattr Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mattr's Research & Development for the three months ended in Mar. 2024 was $1.8 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was $6.9 Mil.

Mattr Research & Development Historical Data

The historical data trend for Mattr'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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Mattr Research & Development Chart

Mattr Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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9.60

8.21

6.33

5.16

6.39

Mattr Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial															1.56	1.81	1.78	1.50	1.77

Mattr Research & Development Calculation

This is the expense the company spent on research and development.

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $6.9 Mil.

Mattr (OTCPK:MTTRF) 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.

Mattr Research & Development Related Terms

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Mattr (MTTRF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Mattr Corp (OTCPK:MTTRF) » Definitions » Research & Development

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Traded in Other Exchanges

Y6R:Germany MATR:Canada

Address

25 Bethridge Road, Toronto, ON, CAN, M9W 1M7

Website

https://www.mattr.com

Mattr Corp is a global materials technology company broadly serving critical infrastructure markets, including transportation, communication, water management, energy, and electrification. The company operates through a network of fixed and mobile manufacturing facilities. Its three business segments are Composite Technologies, Connection Technologies, and Pipeline & Pipe Services enable responsible renewal and enhancement of critical infrastructure while lowering risk and environmental impact.