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NoviqTech (ASX:NVQ) Research & Development : A$0.00 Mil (TTM As of Jun. 2024)


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What is NoviqTech Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. NoviqTech's Research & Development for the six months ended in Jun. 2024 was A$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was A$0.00 Mil.

NoviqTech Research & Development Historical Data

The historical data trend for NoviqTech'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.

NoviqTech Research & Development Chart

NoviqTech Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22
Research & Development
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NoviqTech 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 - - - - -

NoviqTech 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$0.00 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.

NoviqTech  (ASX:NVQ) 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.

NoviqTech Research & Development Related Terms

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NoviqTech Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » NoviqTech Ltd (ASX:NVQ) » Definitions » Research & Development
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Traded in Other Exchanges
63Q0:Germany
Address
16 Nexus Way, Southport, QLD, AUS, 4215
Website
https://www.noviqtech.com
NoviqTech Ltd is a company which operates through its subsidiary TYMLEZ Group Ltd delivers novel and innovative technologies to organisations across the globe in sectors from maritime to regenerative agriculture, empowering them to make more informed decisions, track their carbon emissions with precision, and validate the authenticity of their products' origins all in real-time. NoviqAI's solutions deliver's supply chain traceability following the ethos of sustainability and carbon emissions reporting. Through the For personal use only use of DLT and Artificial Intelligence, NoviqAI will offer traceability solutions to various sectors including food, pharmaceuticals, fashion, and electronics while also prioritizing sustainability.

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