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Destiny Media Technologies (FRA:DME1) Research & Development : €1.37 Mil (TTM As of Feb. 2024)


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What is Destiny Media Technologies Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Destiny Media Technologies's Research & Development for the three months ended in Feb. 2024 was €0.39 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was €1.37 Mil.


Destiny Media Technologies Research & Development Historical Data

The historical data trend for Destiny Media 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.

Destiny Media Technologies Research & Development Chart

Destiny Media Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 1.14 1.02 1.09 1.23

Destiny Media Technologies Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
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 0.29 0.23 0.47 0.29 0.39

Destiny Media 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.37 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.


Destiny Media Technologies  (FRA:DME1) 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.


Destiny Media Technologies Research & Development Related Terms

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Destiny Media Technologies (FRA:DME1) Business Description

Traded in Other Exchanges
Address
428 - 1575 West Georgia Street, Vancouver, BC, CAN, V6G 2V3
Destiny Media Technologies Inc is a provider of secure digital content distribution and promotion solutions. The company operates solely in the digital media software segment. Its predominant services are Clipstream which enables any non-technical user to upload videos that will play on all modern web browsers and Play MPE, a digital distribution service that is used commercially by the recording industry. Destiny services are based on proprietary security, watermarking and instant play streaming media technologies. It also offers audio and video streaming solutions and secure file distribution to customers around the globe.

Destiny Media Technologies (FRA:DME1) Headlines

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