Storytel AB (STU:DST) Research & Development : €27.2 Mil (TTM As of Jun. 2024)

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What is Storytel AB Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Storytel AB's Research & Development for the three months ended in Jun. 2024 was €4.9 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was €27.2 Mil.

Storytel AB Research & Development Historical Data

The historical data trend for Storytel AB'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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Storytel AB Research & Development Chart

Storytel AB Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Research & Development

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14.83

20.15

29.35

27.09

Storytel AB Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Research & Development	Get a 7-Day Free Trial															5.48	5.35	9.50	7.48	4.89

Storytel AB Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was €27.2 Mil.

Storytel AB (STU:DST) 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.

Storytel AB Research & Development Related Terms

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Storytel AB Business Description

Industry

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STORY B:Sweden 0GBU:UK

Address

Tryckerigatan 4, P.O. Box 24 167, Stockholm, SWE, SE-104 51

Website

https://www.storytel.com/in/en

Storytel AB operates in the book and publishing sector. The Storytel organization comprises two divisions: Streaming and Publishing. Within the Streaming division, the company provides a subscription service for audio books and e-books under the Storytel and Mofibo brands, currently in Sweden, Denmark, Finland, Netherlands, USA and other countries. The Publishing division comprises Norstedts, Massolit, Kontentan, Telegram, the Danish publisher People's Press (adults), Raben and Sjogren and B. Wahlstroms (children and young adults), as well as Norstedts Kartor.