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EXROF (Exro Technologies) Research & Development : $5.02 Mil (TTM As of Mar. 2025)


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What is Exro Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Exro Technologies's Research & Development for the three months ended in Mar. 2025 was $0.90 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2025 was $5.02 Mil.

Exro Technologies Research & Development Historical Data

The historical data trend for Exro 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.

Exro Technologies Research & Development Chart

Exro Technologies Annual Data
Trend Jan16 Jan17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Research & Development
Get a 7-Day Free Trial Premium Member Only 1.77 5.79 6.45 8.79 6.26

Exro Technologies Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25
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 2.40 2.27 0.94 0.90 0.90

Exro 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 Mar. 2025 adds up the quarterly data reported by the company within the most recent 12 months, which was $5.02 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.

Exro Technologies  (OTCPK:EXROF) 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.

Exro Technologies Research & Development Related Terms

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Exro Technologies Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Exro Technologies Inc (OTCPK:EXROF) » Definitions » Research & Development
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Traded in Other Exchanges
1O2:Germany EXRO:Canada
Address
12 - 21 Highfield Circle SW, Calgary, AB, CAN, T2G 5N6
Website
https://www.exro.com
Exro Technologies Inc is a Canadian-based clean technology company that has developed new-generation power control electronics with a suite of solutions, including Coil Driver, Cell Driver and SEA Drive that expand the capabilities of electric motors and batteries and offer OEMs a comprehensive e-propulsion solution with unmatched performance and efficiency. The company is working towards commercialization and series production of its patented Coil Driver technology while concurrently generating revenue from the sale of SEA Drive.