Greenfern Industries (NZSE:GFI) Research & Development : NZ$ Mil (TTM As of Mar. 2023)

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What is Greenfern Industries Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Greenfern Industries's Research & Development for the six months ended in Mar. 2023 was NZ$0.35 Mil. Greenfern Industries does not have enough years/quarters to calculate the Research & Development for the trailing twelve months (TTM) ended in Mar. 2023.

Greenfern Industries Research & Development Historical Data

The historical data trend for Greenfern Industries'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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Greenfern Industries Research & Development Chart

Greenfern Industries Annual Data

Trend

Mar22

Mar23

Research & Development

0.18

0.35

Greenfern Industries Semi-Annual Data
	Mar22	Mar23
Research & Development	0.18	0.35

Greenfern Industries Research & Development Calculation

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

Greenfern Industries (NZSE:GFI) 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.

Greenfern Industries Research & Development Related Terms

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Greenfern Industries (NZSE:GFI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Drug Manufacturers » Greenfern Industries Ltd (NZSE:GFI) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

115 Queen Street, Level 8, General Capital House, Auckland, NTL, NZL, 1040

Website

https://www.gfi.nz

Greenfern Industries Ltd is committed to the environmentally friendly production of medicinal cannabis and hemp-based products. It operates in two segments, Cannabis and therapeutics products the operations of this segment reflect the activities of manufacture and distribution of cannabis products, Electricity generation this segment includes the generation and distribution of electricity. The hemp seed and its by-products are used for a range of different products from a high protein ingredient in a plant-based meat substitute, a hemp-based skincare range, and hemp-based beverages amongst other things.