QMCI (QuoteMedia) Research & Development : $3.17 Mil (TTM As of Dec. 2024)

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What is QuoteMedia Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. QuoteMedia's Research & Development for the three months ended in Dec. 2024 was $0.81 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $3.17 Mil.

QuoteMedia Research & Development Historical Data

The historical data trend for QuoteMedia'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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QuoteMedia Research & Development Chart

QuoteMedia Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Research & Development

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1.65

1.71

2.10

2.76

3.17

QuoteMedia Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Research & Development	Get a 7-Day Free Trial															0.72	0.80	0.79	0.77	0.81

QuoteMedia 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 quarterly data reported by the company within the most recent 12 months, which was $3.17 Mil.

QuoteMedia (OTCPK:QMCI) 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.

QuoteMedia Research & Development Related Terms

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QuoteMedia Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » QuoteMedia Inc (OTCPK:QMCI) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

17100 East Shea Boulevard, Suite 230, Fountain Hills, AZ, USA, 85268

Website

https://www.quotemedia.com

QuoteMedia Inc is a provider of financial data, news feeds, market research information, and financial software solutions to online brokerages, clearing firms, banks, financial service companies, media portals, and public corporations. It is a single source for a wide array of market information and services, including streaming stock market data feeds, research and analysis information, content applications, portfolio management systems, software products, corporate investor relations provisioning, news services, wireless applications, and custom development. It has three general product lines: Interactive Content and Data Applications, Data Feed Services, and Portfolio Management Systems.

Executives

David Shworan	director, officer: CEO	17100 SHEA BLVD STE 230, FOUNTAIN HILLS CA 85268
Keith J Randall	officer: CFO	11909 E BECKER LANE, SCOTTSDALE AZ 85259
Robert James Thompson	director
R Keith Guelpa	director, officer: Chief Executive Officer	17100 SHEA BLVD, SUITE 230, FOUNTAIN HILLS AZ 85268