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TextMagic AS (OTSE:MAGIC) Research & Development : €0.00 Mil (TTM As of Dec. 2024)


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What is TextMagic AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. TextMagic AS's Research & Development for the six months ended in Dec. 2024 was €0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was €0.00 Mil.

TextMagic AS Research & Development Historical Data

The historical data trend for TextMagic 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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TextMagic AS Research & Development Chart

TextMagic AS Annual Data
Trend Dec21 Dec22 Dec23 Dec24
Research & Development
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TextMagic AS Semi-Annual Data
Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Research & Development Get a 7-Day Free Trial - - - - -

TextMagic 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. 2024 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.

TextMagic AS  (OTSE:MAGIC) 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.

TextMagic AS Research & Development Related Terms

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TextMagic AS Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » TextMagic AS (OTSE:MAGIC) » Definitions » Research & Development
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Traded in Other Exchanges
N/A
Address
A. H. Tammsaare 56, Tallinn, EST, 11316
Website
https://www.textmagic.com
TextMagic AS is a text messaging company that helps businesses to engage with customers. The activity of the group is the management and development of software products. The company operates mainly in the U.S., the U.K., Canada, and Australia. TextMagic enables companies to transform customer experiences through its easy-to-use text messaging marketing software, which can be used for sending notifications, alerts, reminders, confirmations, and SMS marketing campaigns anytime, anywhere. The majority of revenue is derived from the United States and Canada.

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