DMG Blockchain Solutions (STU:6AX) Research & Development : €1.51 Mil (TTM As of Dec. 2024)

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What is DMG Blockchain Solutions Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. DMG Blockchain Solutions's Research & Development for the three months ended in Dec. 2024 was €0.37 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was €1.51 Mil.

DMG Blockchain Solutions Research & Development Historical Data

The historical data trend for DMG Blockchain Solutions'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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DMG Blockchain Solutions Research & Development Chart

DMG Blockchain Solutions Annual Data

Trend

Mar15

Mar16

Mar17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Sep24

Research & Development

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0.29

0.55

1.79

1.35

1.41

DMG Blockchain Solutions 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															0.30	0.33	0.41	0.40	0.37

DMG Blockchain Solutions 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 €1.51 Mil.

DMG Blockchain Solutions (STU:6AX) 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.

DMG Blockchain Solutions Research & Development Related Terms

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DMG Blockchain Solutions Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » DMG Blockchain Solutions Inc (STU:6AX) » Definitions » Research & Development

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Traded in Other Exchanges

DMGGF:USA 6AX:Germany DMGI:Canada

Address

4193 104th Street, Delta, BC, CAN, V4K 3N3

Website

https://www.dmgblockchain.com

DMG Blockchain Solutions Inc is a full-service blockchain and cryptocurrency company. It manages, operates, and develops end-to-end digital solutions to monetize the blockchain ecosystem. It is also involved in server hosting and other similar service arrangements for the transaction verification services business and software solutions. The company engages in the research and development of technology solutions related to the transaction verification business. It derives maximum revenue from digital currency mining, and the rest from software licensing, the sale of mining equipment, set-up and hosting fees, and others.

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