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SVZRF (Svitzer Group AS) Research & Development : $0.0 Mil (TTM As of Dec. 2024)


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What is Svitzer Group AS Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Svitzer Group AS's Research & Development for the six months ended in Dec. 2024 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Dec. 2024 was $0.0 Mil.


Svitzer Group AS Research & Development Historical Data

The historical data trend for Svitzer Group 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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Svitzer Group AS Research & Development Chart

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

Svitzer Group 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 $0.0 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.


Svitzer Group AS  (OTCPK:SVZRF) 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.


Svitzer Group AS Research & Development Related Terms

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Svitzer Group AS Business Description

Traded in Other Exchanges
Address
Sundkrogsgade 17, Copenhagen, DNK, 2100
Svitzer Group AS is in sustainable marine services. It provides customers with business-critical and safe towage services and maritime solutions. Company have divided its towage service business into two main areas: Harbour Towage: In Harbour Towage, company enter into agreements with vessel owners or operators to provide towage services for their vessels in specific ports; and Terminal Towage , company enter into agreements with on and offshore terminal operators or other customers for the delivery of towage services by making a pre-determined number of tugboats, and sometimes other vessels, available to service all vessels that enter or leave the specific terminal. The company operates in various countries such as Australia, Europe, America, AMEA, with majority from Australia.