Kron Teknoloji AS (IST:KRONT) Research & Development : ₺72.5 Mil (TTM As of Dec. 2023)

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What is Kron Teknoloji AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Kron Teknoloji AS's Research & Development for the three months ended in Dec. 2023 was ₺38.4 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2023 was ₺72.5 Mil.

Kron Teknoloji AS Research & Development Historical Data

The historical data trend for Kron Teknoloji AS'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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Kron Teknoloji AS Research & Development Chart

Kron Teknoloji AS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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12.22

16.60

21.80

76.56

72.50

Kron Teknoloji AS Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Research & Development	Get a 7-Day Free Trial															54.30	9.95	9.93	14.20	38.42

Kron Teknoloji AS 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 quarterly data reported by the company within the most recent 12 months, which was ₺72.5 Mil.

Kron Teknoloji AS (IST:KRONT) 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.

Kron Teknoloji AS Research & Development Related Terms

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Kron Teknoloji AS (IST:KRONT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Kron Teknoloji AS (IST:KRONT) » Definitions » Research & Development

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Traded in Other Exchanges

N/A

Address

Bilkent CyberPark C Blok No: 321 Bilkent, Istanbul, TUR, 34805

Website

https://www.kron.com.tr

Kron Teknoloji AS produces high technology solutions for the operational efficiency and security needs of corporate enterprises in finance, energy and health sectors, particularly in telecommunications. It offers advanced technology software products for the needs of medium and large size enterprises in the areas of service activation, quality assurance systems, ICT (Information and Communication Technology) Access Control Systems, high performance real-time data processing, and next generation security and audit.

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