Abaxx Technologies (NEOE:ABXX) Research & Development : C$11.34 Mil (TTM As of Dec. 2023)

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What is Abaxx Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Abaxx Technologies's Research & Development for the three months ended in Dec. 2023 was C$2.90 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$11.34 Mil.

Abaxx Technologies Research & Development Historical Data

The historical data trend for Abaxx Technologies'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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Abaxx Technologies Research & Development Chart

Abaxx Technologies Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

7.05

2.68

4.85

8.35

11.34

Abaxx Technologies Quarterly Data
	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													2.26	2.63	3.02	2.80	2.90

Abaxx Technologies 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 C$11.34 Mil.

Abaxx Technologies (NEOE:ABXX) 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.

Abaxx Technologies Research & Development Related Terms

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Abaxx Technologies (NEOE:ABXX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Abaxx Technologies Inc (NEOE:ABXX) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

ABXXF:USA 36N:Germany

Address

18 King Street East, Suite 902, Toronto, ON, CAN, M5C 1C4

Website

https://www.abaxx.tech

Abaxx Technologies Inc is a financial technology company that is developing and deploying software tools that make communication, trade, and transactions easier and more secure. The company's initial focus is on launching Abaxx Commodity Futures Exchange and Clearinghouse, regulated by the Monetary Authority of Singapore, to support trading and risk management with physically-settled benchmark futures contracts in the commodity markets at the center of the energy transition to an electrified, low-carbon emissions economy. Abaxx's vision is to build Smarter Markets: markets empowered by better tools, better benchmarks and better technology to drive market-based solutions to the biggest challenges that everyone faces as a society, including climate change and the energy transition.

Abaxx Technologies (NEOE:ABXX) Headlines

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