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AFMA (CAS:AFM) Research & Development : MAD0.0 Mil (TTM As of Dec. 2023)


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What is AFMA Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. AFMA's Research & Development for the six months ended in Dec. 2023 was MAD0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was MAD0.0 Mil.

AFMA Research & Development Historical Data

The historical data trend for AFMA'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.

AFMA Research & Development Chart

AFMA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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AFMA Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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AFMA 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 semi-annually data reported by the company within the most recent 12 months, which was MAD0.0 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.

AFMA  (CAS:AFM) 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.

AFMA Research & Development Related Terms

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AFMA (CAS:AFM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » AFMA SA (CAS:AFM) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
22, Moulay Youssef bd, Casablanca, MAR, 20 070
Website
http://www.afma.ma
AFMA SA provides insurance brokerage services in Morocco. It offers insurance products including Damage Insurance, Insurance Operating Losses, Civil Responsibilities, Car insurance, Transport Insurance, Construction-Related Insurance, Insurance of Persons and Credit insurance. It provides insurance services to both individuals and corporate clients.

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