Pivotree (STU:8AV0) Research & Development : €1.36 Mil (TTM As of Mar. 2024)

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What is Pivotree Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Pivotree's Research & Development for the three months ended in Mar. 2024 was €0.28 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was €1.36 Mil.

Pivotree Research & Development Historical Data

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

Pivotree Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

1.49

0.39

1.33

2.92

1.64

Pivotree Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Research & Development	Get a 7-Day Free Trial														0.57	0.39	0.33	0.36	0.28

Pivotree Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €1.36 Mil.

Pivotree (STU:8AV0) 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.

Pivotree Research & Development Related Terms

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Pivotree (STU:8AV0) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Pivotree Inc (STU:8AV0) » Definitions » Research & Development

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Traded in Other Exchanges

PVTRF:USA PVT:Canada

Address

6300 Northam Drive, Mississauga, ON, CAN, L4V 1H7

Website

https://www.pivotree.com

Pivotree Inc Company designs, integrates, deploys, and manages digital platforms in Commerce, Data Management and Supply Chain for major retail and branded manufacturers throughout the world. Pivotree provides the technical skills necessary to enable the effective use of technologies combined with the business context to leverage a solution to solve clients' business challenges. Pivotree's portfolio of products, managed and professional services help provide B2B2C digital businesses with end-to-end service to manage complex digital commerce platforms. It operates in two segments: professional and managed services. Pivotree serves market-leading brands and forward-thinking B2C and B2B companies, including many Fortune 1000. The majority of its revenue comes from North America.

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