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Payfare (FRA:S2R) Research & Development : €0.0 Mil (TTM As of Mar. 2024)


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What is Payfare Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Payfare's Research & Development for the three months ended in Mar. 2024 was €0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €0.0 Mil.

Payfare Research & Development Historical Data

The historical data trend for Payfare'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.

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Payfare Research & Development Chart

Payfare Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Payfare Quarterly Data
Dec18 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Payfare 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. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €0.0 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.

Payfare  (FRA:S2R) 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.

Payfare Research & Development Related Terms

Thank you for viewing the detailed overview of Payfare's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Payfare (FRA:S2R) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Payfare Inc (FRA:S2R) » Definitions » Research & Development
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Traded in Other Exchanges
PYFRF:USA PAY:Canada
Address
40 University Avenue, Suite 551, Toronto, ON, CAN, M5J 1T1
Website
https://corp.payfare.com
Payfare Inc is a global fintech company offering mobile banking, instant payment, and loyalty-reward solutions. Its financial technology platform is providing financial inclusion and empowerment to next-generation workers around the globe with a full-service mobile bank account and debit card with instant access to their earnings and relevant cash-back rewards. Some brands that use Payfare include Lyft, Uber, and DoorDash. Its geographical segments are Canada, the United States, and Mexico.

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