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Midway (ASX:MWY) Research & Development : A$0.0 Mil (TTM As of Jun. 2024)


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What is Midway Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Midway's Research & Development for the six months ended in Jun. 2024 was A$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.0 Mil.

Midway Research & Development Historical Data

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

Midway Annual Data
Trend Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Research & Development
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Midway Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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Midway 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$0.0 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.

Midway  (ASX:MWY) 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.

Midway Research & Development Related Terms

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Midway Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Forest Products » Midway Ltd (ASX:MWY) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
10 The Esplanade, North Shore, VIC, AUS, 3214
Website
https://www.midwaylimited.com.au
Midway Ltd is engaged in the production and export of wood fiber to producers of pulp, paper, and associated products. The company derives income from producing hardwood and softwood woodchips. Its segments include Woodfibre; Plantation and Carbon Management; and Ancillary. It generates the majority of revenue from Woodfibre Processing.

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