EGOXF (Next e GO NV) Research & Development: $2.29 Mil (TTM As of Jun. 2023)


What is Next e GO NV Research & Development?

Next e GO NV EGOXF -99.00% Research & Development is $2.29 Mil as of Jun. 2023.

Research & Development is the aggregate amount of research and development expenses during the year. Next e GO NV's Research & Development for the six months ended in Jun. 2023 was $2.12 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2023 was $2.29 Mil.

Next e GO NV  (OTCPK:EGOXF) 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.

Next e GO NV Research & Development Related Terms

Next e GO NV Research & Development Historical Data

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The historical data trend for Next e GO NV'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.

Next e GO NV Research & Development Chart

Next e GO NV Annual Data
Trend Dec21 Dec22
Research & Development
8.60 3.86

Next e GO NV Semi-Annual Data
Dec21 Jun22 Dec22 Jun23
Research & Development 0.00 3.69 0.16 2.12

Next e GO NV 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $2.29 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $2.29 Mil mean?
Next e GO NV (EGOXF) has a Research & Development of $2.29 Mil as of Jun. 2023. Research and development expense is the total cost for research and development activities. View historical data on Next e GO NV and its competitors.
Is Next e GO NV's Research & Development too high?
Next e GO NV's current Research & Development is $2.29 Mil.
How does Next e GO NV's Research & Development compare to MULN and CENN?
Next e GO NV's Research & Development of $2.29 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Vehicles & Parts company?
A good Research & Development depends on the Vehicles & Parts industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Next e GO NV and its competitors. Next e GO NV's current Research & Development is $2.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Next e GO NV stock overvalued right now?
Next e GO NV (EGOXF) has a current Research & Development of $2.29 Mil. The current Research & Development is $2.29 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Next e GO NV (EGOXF), the current Research & Development is $2.29 Mil as of Jun. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Next e GO NV Business Description

Address c/o Next.e.GO Mobile SE, Lilienthalstrasse 1, Aachen, DEU, 52068
Next e GO NV designs and manufactures battery electric vehicles for the urban environment, with focus on convenience, reliability and affordability. It has developed a disruptive solution for producing its electric vehicles using proprietary technologies and low cost MicroFactories.