WEJOF (Wejo Group) Research & Development: $36.31 Mil (TTM As of Mar. 2023)


What is Wejo Group Research & Development?

Wejo Group WEJOF Research & Development is $36.31 Mil as of Mar. 2023.

Research & Development is the aggregate amount of research and development expenses during the year. Wejo Group's Research & Development for the three months ended in Mar. 2023 was $9.71 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Mar. 2023 was $36.31 Mil.

Wejo Group  (OTCPK:WEJOF) 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.

Wejo Group Research & Development Related Terms

Wejo Group Research & Development Historical Data

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The historical data trend for Wejo Group'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.

Wejo Group Research & Development Chart

Wejo Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Research & Development
10.25 7.68 26.27 33.89

Wejo Group Quarterly Data
Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.30 9.42 8.23 8.95 9.71

Wejo Group 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. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $36.31 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 $36.31 Mil mean?
Wejo Group (WEJOF) has a Research & Development of $36.31 Mil as of Mar. 2023. Research and development expense is the total cost for research and development activities. View historical data on Wejo Group and its competitors.
Is Wejo Group's Research & Development too high?
Wejo Group's current Research & Development is $36.31 Mil.
How does Wejo Group's Research & Development compare to SOLS and BTOW?
Wejo Group's Research & Development of $36.31 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 Wejo Group and its competitors. Wejo Group's current Research & Development is $36.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Wejo Group stock overvalued right now?
Wejo Group (WEJOF) has a current Research & Development of $36.31 Mil. The current Research & Development is $36.31 Mil. 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 Wejo Group (WEJOF), the current Research & Development is $36.31 Mil as of Mar. 2023. 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.

Wejo Group Business Description

Address 22 Victoria Street, Canon’s Court, Hamilton, BMU, HM12
Wejo Group Ltd provides software and technology solutions to various market verticals in combination with services that utilize ingested and standardized connected vehicle and other high volume, high value datasets through its proprietary cloud software and analytics platform, Wejo Neural Edge (which includes Wejo ADEPT platform). The Company's sector solutions, delivered at this time in North America and Europe, provide valuable insights to its customers in public and private organizations, including, but not limited to, OEMs, first-tier (Tier 1) automotive suppliers, fleet management companies (Fleets), departments of transportation, retailers, mapping companies, universities, insurance companies, advertising firms, construction firms and research departments.