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SRT Marine Systems (LSE:SRT) Research & Development : £0.00 Mil (TTM As of Sep. 2023)


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What is SRT Marine Systems Research & Development?

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


SRT Marine Systems Research & Development Historical Data

The historical data trend for SRT Marine Systems'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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SRT Marine Systems Research & Development Chart

SRT Marine Systems Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Research & Development
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SRT Marine Systems Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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SRT Marine Systems Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 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.


SRT Marine Systems  (LSE:SRT) 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.


SRT Marine Systems Research & Development Related Terms

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SRT Marine Systems (LSE:SRT) Business Description

Traded in Other Exchanges
Address
Wireless House, Midsomer Norton, Westfield Industrial Estate, Bath, GBR, BA3 4BS
SRT Marine Systems PLC develops and delivers advanced maritime domain awareness technologies, products, and systems, with expertise in Automatic Identification Systems. The company's major customers are system integrators, marine electronics companies, individual vessel operators, port owners and operators, and national authorities. The company currently operates in the following geographical markets: Europe, Middle East, North America, the United Kingdom, and others. The company has developed three core system products, VTS (ports, waterways, and infrastructure), VMS (Fisheries monitoring and management) and MDM (Coastal Surveillance) systems. Its largest end market by revenue is in the Middle East.