Progressive Planet Solutions (TSXV:PLAN) Research & Development : C$0.66 Mil (TTM As of Jan. 2024)

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What is Progressive Planet Solutions Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Progressive Planet Solutions's Research & Development for the three months ended in Jan. 2024 was C$0.07 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 was C$0.66 Mil.

Progressive Planet Solutions Research & Development Historical Data

The historical data trend for Progressive Planet Solutions'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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Progressive Planet Solutions Research & Development Chart

Progressive Planet Solutions Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Research & Development

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0.25

0.12

0.16

0.17

0.88

Progressive Planet Solutions Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Research & Development	Get a 7-Day Free Trial															0.30	0.23	0.23	0.13	0.07

Progressive Planet Solutions Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jan. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.66 Mil.

Progressive Planet Solutions (TSXV:PLAN) 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.

Progressive Planet Solutions Research & Development Related Terms

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Progressive Planet Solutions (TSXV:PLAN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Progressive Planet Solutions Inc (TSXV:PLAN) » Definitions » Research & Development

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ASHXF:USA ARB3:Germany

Address

724 East Sarcee Street, Kamloops, BC, CAN, V2H 1E7

Website

https://www.progressiveplanet.ca

Progressive Planet Solutions Inc is a leader in supplying solutions for a livable planet by developing low-carbon, pozzolan-based, cementing products that replace equivalent amounts of Portland Cement and fly ash in concrete. Progressive Planet operates its flagship Z1 Natural Pozzolan Quarry in Cache Creek, British Columbia, and is earning a 100% interest in the Z2 Natural Pozzolan Property near Falkland, BC, and earning a 100% interest in the Heffley Creek Metals and Natural Pozzolan Property. All three properties are within a one-hour drive of Kamloops, BC, an industrial hub with rail access to Canadian and U.S. markets.

Executives