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Automotive Finco (TSXV:AFCC.H) Research & Development : C$0.00 Mil (TTM As of Sep. 2024)


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What is Automotive Finco Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Automotive Finco's Research & Development for the three months ended in Sep. 2024 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 was C$0.00 Mil.

Automotive Finco Research & Development Historical Data

The historical data trend for Automotive Finco'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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Automotive Finco Research & Development Chart

Automotive Finco Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Research & Development
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Automotive Finco Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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Automotive Finco Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 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.

Automotive Finco  (TSXV:AFCC.H) 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.

Automotive Finco Research & Development Related Terms

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Automotive Finco Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Automotive Finco Corp (TSXV:AFCC.H) » Definitions » Research & Development
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Traded in Other Exchanges
RMIAF:USA
Address
Yonge King, PO Box 17026, Toronto, ON, CAN, M5E 1Y2
Website
https://www.autofincocorp.com
Automotive Finco Corp p is a finance company focused exclusively on the auto retail sector. The company also pursues other direct investments and financing opportunities across the auto retail sector. Through its investment in Automotive Finance LP, it is engaged in the business of lending and administering investment funds. The Company has only one operating segment: Investment issuer focused on providing debt financing and making other investments in the auto retail sector.

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