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Ecofibre (ASX:EOF) Research & Development : A$2.88 Mil (TTM As of Jun. 2024)


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What is Ecofibre Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ecofibre's Research & Development for the six months ended in Jun. 2024 was A$1.26 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was A$2.88 Mil.

Ecofibre Research & Development Historical Data

The historical data trend for Ecofibre'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.

Ecofibre Research & Development Chart

Ecofibre Annual Data
Trend Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Research & Development
Get a 7-Day Free Trial - - 6.29 - 2.88

Ecofibre Semi-Annual Data
Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.37 3.60 - 1.63 1.26

Ecofibre Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$2.88 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.

Ecofibre  (ASX:EOF) 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.

Ecofibre Research & Development Related Terms

Thank you for viewing the detailed overview of Ecofibre's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Ecofibre Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Ecofibre Ltd (ASX:EOF) » Definitions » Research & Development
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Traded in Other Exchanges
EOFBF:USA
Address
680 George Street, Level 12, Sydney, NSW, AUS, 2000
Website
https://www.ecofibre.com
Ecofibre Ltd is a provider of hemp products in the United States and Australia. It is engaged in six segments based on differences in products and services provided: Ecofibre Advanced Technologies, Ananda Health, Ecofibre Genetics, Corporate, EOF Bio and Ananda Food. It derives maximum revenue from Ecofibre Advanced Technologies segment. Ecofibre Advanced Technologies involves Advanced manufacturing business with specialist capabilities in performance yarn extrusion, polymer compounding and textiles manufactured in the United States.

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