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My Food Bag Group (NZSE:MFB) Research & Development : NZ$0.0 Mil (TTM As of Sep. 2023)


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What is My Food Bag Group Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. My Food Bag Group's Research & Development for the six months ended in Sep. 2023 was NZ$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2023 was NZ$0.0 Mil.

My Food Bag Group Research & Development Historical Data

The historical data trend for My Food Bag Group'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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My Food Bag Group Research & Development Chart

My Food Bag Group Annual Data
Trend Mar21 Mar22 Mar23
Research & Development
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My Food Bag Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Research & Development Get a 7-Day Free Trial - - - - -

My Food Bag Group 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 NZ$0.0 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.

My Food Bag Group  (NZSE:MFB) 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.

My Food Bag Group Research & Development Related Terms

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My Food Bag Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » My Food Bag Group Ltd (NZSE:MFB) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
56 Parnell Road, Level 3, Parnell, Auckland, NTL, NZL, 1052
Website
https://www.myfoodbag.co.nz
My Food Bag Group Ltd operates in the fast-growing online food delivery market in New Zealand. It delivers bags full of fresh and locally sourced ingredients along with easy-to-follow recipes direct to families across New Zealand. The company drives revenue primarily by the volume of bags delivered to customers and the average order value of bags delivered.

My Food Bag Group Headlines

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