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CETEF (ACT Energy Technologies) Research & Development : $2.1 Mil (TTM As of Dec. 2024)


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What is ACT Energy Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. ACT Energy Technologies's Research & Development for the three months ended in Dec. 2024 was $0.3 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $2.1 Mil.

ACT Energy Technologies Research & Development Historical Data

The historical data trend for ACT Energy Technologies'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.

ACT Energy Technologies Research & Development Chart

ACT Energy Technologies Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 0.94 1.31 1.99

ACT Energy Technologies Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 0.24 0.45 0.75 0.59 0.27

ACT Energy Technologies 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $2.1 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.

ACT Energy Technologies  (OTCPK:CETEF) 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.

ACT Energy Technologies Research & Development Related Terms

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ACT Energy Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » ACT Energy Technologies Ltd (OTCPK:CETEF) » Definitions » Research & Development
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Traded in Other Exchanges
ACX:Canada
Address
6030 - 3rd Street S.E., Calgary, AB, CAN, T2H 1K2
Website
https://www.actenergy.com
ACT Energy Technologies Ltd is a Canadian-based company that is involved and engaged in the business of providing directional drilling services to oil and natural gas companies in western Canada and the United States. The Company has two operating segments based on its geographic operating locations of Canada and U.S. and a non-operating segment, for joint corporate costs (Corporate services).

ACT Energy Technologies Headlines