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Ondo InsurTech (LSE:ONDO) Research & Development : £ Mil (TTM As of Sep. 2023)


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What is Ondo InsurTech Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Ondo InsurTech's Research & Development for the six months ended in Sep. 2023 was £0.00 Mil. Ondo InsurTech does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in Sep. 2023.


Ondo InsurTech Research & Development Historical Data

The historical data trend for Ondo InsurTech'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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Ondo InsurTech Research & Development Chart

Ondo InsurTech Annual Data
Trend
Research & Development

Ondo InsurTech Semi-Annual Data
Aug21 Feb22 Aug22 Sep23
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Ondo InsurTech Research & Development Calculation

This is the expense the company spent on research and development.


Ondo InsurTech  (LSE:ONDO) 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.


Ondo InsurTech Research & Development Related Terms

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Ondo InsurTech (LSE:ONDO) Business Description

Traded in Other Exchanges
Address
60 Gracechurch Street, 6th Floor, London, GBR, EC3V 0HR
Ondo InsurTech PLC is into the Insuretech business in the home insurance Industry. The company's Leakbot system comprises a self-install sensor that clips to a pipe and detects a leak anywhere on a main water system. The company derives revenue from water leak detection devices, water leak detection services, Repair services, and consultancy services. The company has a geographical presence in the UK, USA, and Europe. The company derives the majority of its revenue from the UK.

Ondo InsurTech (LSE:ONDO) Headlines

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