GoldMoney (TSX:XAU) Research & Development : C$0.7 Mil (TTM As of Dec. 2023)

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What is GoldMoney Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. GoldMoney's Research & Development for the three months ended in Dec. 2023 was C$0.1 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was C$0.7 Mil.

GoldMoney Research & Development Historical Data

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

GoldMoney Annual Data

Trend

Sep13

Sep14

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Research & Development

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1.45

0.79

0.66

0.71

GoldMoney 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															0.14	0.22	0.17	0.16	0.12

GoldMoney 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$0.7 Mil.

GoldMoney (TSX:XAU) 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.

GoldMoney Research & Development Related Terms

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GoldMoney (TSX:XAU) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » GoldMoney Inc (TSX:XAU) » Definitions » Research & Development

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Traded in Other Exchanges

XAUMF:USA 9BT0:Germany

Address

334 Adelaide Street West, Suite 307, Toronto, ON, CAN, M5V 1R4

Website

https://www.goldmoney.com

GoldMoney Inc is engaged in precious metal focused global business. It operates through subsidiaries and is engaged in precious metal sales to its clients, including arranging delivery and storage of precious metals for its clients, coin retailing, and lending. Goldmoney has a client base in more than a hundred countries and holds precious metal assets. The company's operating subsidiaries include Goldmoney.com and SchiffGold.com. In addition to the company's principal business segments, the company holds a significant interest in Mene Inc., which crafts pure 24-karat gold and platinum investment jewelry that is sold by gram weight. Through these businesses and other investment activities, the firm gains long-term exposure to precious metals.

GoldMoney (TSX:XAU) Headlines

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