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Fitell (Fitell) Research & Development : $0.00 Mil (TTM As of Dec. 2023)


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What is Fitell Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Fitell's Research & Development for the six months ended in Dec. 2023 was $0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was $0.00 Mil.

Fitell Research & Development Historical Data

The historical data trend for Fitell'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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Fitell Research & Development Chart

Fitell Annual Data
Trend Jun21 Jun22 Jun23
Research & Development
- - -

Fitell Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Research & Development Get a 7-Day Free Trial - - - - -

Fitell 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. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $0.00 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.

Fitell  (NAS:FTEL) 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.

Fitell Research & Development Related Terms

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Fitell (Fitell) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Fitell Corp (NAS:FTEL) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
23-25 Mangrove Lane, Taren Point, NSW, AUS, 2229
Website
https://www.gymdirect.com.au
Fitell Corp engages in primary operations of selling gym and fitness equipment in Australia through its indirectly held wholly owned subsidiaries. It operates in two segments: online fitness equipment distribution and licensing business to service the large and growing boutique fitness sector of the broader health and fitness club industry. The majority fitness equipment business is conducted in Australia via its own e-commerce platform and, through third-party sites. Licensing service offers a turnkey solution for personal training studios and commercial gym chains.