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FinTech Chain (ASX:FTC) Research & Development : A$1.42 Mil (TTM As of Sep. 2024)


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What is FinTech Chain Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. FinTech Chain's Research & Development for the six months ended in Sep. 2024 was A$0.88 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was A$1.42 Mil.

FinTech Chain Research & Development Historical Data

The historical data trend for FinTech Chain'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.

FinTech Chain Research & Development Chart

FinTech Chain Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.83 0.92 0.55 1.06

FinTech Chain Semi-Annual Data
Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
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 0.54 - 0.53 0.53 0.88

FinTech Chain Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the semi-annually data reported by the company within the most recent 12 months, which was A$1.42 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.

FinTech Chain  (ASX:FTC) 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.

FinTech Chain Research & Development Related Terms

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

FinTech Chain Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » FinTech Chain Ltd (ASX:FTC) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
1701, Block B2, No.15 KeYuan Road, KeXing Science Park, Nanshan District, Shenzhen, CHN, 518000
Website
https://www.ttg.hk
FinTech Chain Ltd is a provider of Integrated Payment Acquiring infrastructure for banks and Industry Application Solutions. The Company's operating activities are attributable to a single operating segment as the revenue is derived from interconnected services of T-LinxTM SaaS platform including SaaS cloud service, SaaS for hardware IoT and SaaS for rights/interests/points/marketing/promotion. Geographically, it derives a majority of its revenue from PRC. It serves banking, catering, department store, community, tourism, and retail industries. Its product portfolio includes Prepaid Cards, Integrated Payment Systems, POS P, BIN-Based Promotion Tools, Transaction E-Authentication, Digital Community Service, T-Linx Cloud Service, T-PAD, TL-008/009, and others.