VYGVQ (Voyager Digital) Research & Development: $13.7 Mil (TTM As of Mar. 2022)

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Director of Data and Quant Analytics at GuruFocus
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VYGVQ Voyager Digital Ltd VYGVQ
12 GF Score
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What is Voyager Digital Research & Development?

Voyager Digital VYGVQ -90.00% 12 Research & Development is $13.7 Mil as of Mar. 2022. GuruFocus rates VYGVQ with a GF Score™ of 12/100.

Research & Development is the aggregate amount of research and development expenses during the year. Voyager Digital's Research & Development for the three months ended in Mar. 2022 was $0.0 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2022 was $13.7 Mil.

Voyager Digital  (OTCPK:VYGVQ) 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.

Voyager Digital Research & Development Related Terms

Voyager Digital Research & Development Historical Data

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The historical data trend for Voyager Digital'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.

Voyager Digital Research & Development Chart

Voyager Digital Annual Data
Trend Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21
Research & Development
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.00 0.04 3.32 2.62 0.00

Voyager Digital Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.00 0.00 13.71 0.00 0.00
VYGVQ
12GF Score
Voyager Digital Ltd VYGVQ
Research & Development is just one metric. See GF Score™, valuation, warning signs, and more.
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Voyager Digital 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. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $13.7 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.

Frequently Asked Questions Learn more about Research & Development →
What does a Research & Development of $13.7 Mil mean?
Voyager Digital (VYGVQ) has a Research & Development of $13.7 Mil as of Mar. 2022. Research and development expense is the total cost for research and development activities. View historical data on Voyager Digital and its competitors.
Is Voyager Digital's Research & Development too high?
Voyager Digital's current Research & Development is $13.7 Mil. Overall, Voyager Digital has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Digital's Research & Development compare to IONI and APYP?
Voyager Digital's Research & Development of $13.7 Mil can be compared against companies in the Software industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Research & Development for a Software company?
A good Research & Development depends on the Software industry context. However, Research & Development should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Research & Development mean?
A high Research & Development can signal that a stock is expensive relative to its fundamentals. Research and development expense is the total cost for research and development activities. View historical data on Voyager Digital and its competitors. Voyager Digital's current Research & Development is $13.7 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Digital stock overvalued right now?
Voyager Digital (VYGVQ) has a current Research & Development of $13.7 Mil. The current Research & Development is $13.7 Mil. Voyager Digital's overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Research & Development calculated?
Research & Development is calculated from a company's financial statements. For Voyager Digital (VYGVQ), the current Research & Development is $13.7 Mil as of Mar. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Voyager Digital Business Description

Address 33 Irving Plaza, Suite 3060, New York, NY, USA, 10003
Voyager Digital Ltd through its subsidiary operates as a crypto-asset broker that provides retail and institutional investors with a turnkey solution to trade crypto assets. The company offers investors execution, data, wallet, and custody services through its institutional-grade open architecture platform.
12GF Score

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Research & Development is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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