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Mainstreet Equity (TSX:MEQ) Research & Development : C$0.0 Mil (TTM As of Mar. 2024)


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What is Mainstreet Equity Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Mainstreet Equity's Research & Development for the three months ended in Mar. 2024 was C$0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2024 was C$0.0 Mil.

Mainstreet Equity Research & Development Historical Data

The historical data trend for Mainstreet Equity'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.

* Premium members only.

Mainstreet Equity Research & Development Chart

Mainstreet Equity Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Research & Development
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Mainstreet Equity Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Mainstreet Equity 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 C$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.

Mainstreet Equity  (TSX:MEQ) 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.

Mainstreet Equity Research & Development Related Terms

Thank you for viewing the detailed overview of Mainstreet Equity's Research & Development provided by GuruFocus.com. Please click on the following links to see related term pages.

Mainstreet Equity (TSX:MEQ) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mainstreet Equity Corp (TSX:MEQ) » Definitions » Research & Development
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Traded in Other Exchanges
MEQYF:USA
Address
10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2
Website
https://www.mainst.biz
Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.
Executives
Richard Grimaldi Director

Mainstreet Equity (TSX:MEQ) Headlines

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