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Arway (XCNQ:ARWY) Research & Development : C$0.40 Mil (TTM As of Feb. 2024)


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What is Arway Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Arway's Research & Development for the three months ended in Feb. 2024 was C$0.10 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.40 Mil.

Arway Research & Development Historical Data

The historical data trend for Arway'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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Arway Research & Development Chart

Arway Annual Data
Trend Aug22 Aug23
Research & Development
- 0.39

Arway Quarterly Data
Nov22 Feb23 May23 Aug23 Nov23 Feb24
Research & Development Get a 7-Day Free Trial 0.15 0.04 0.14 0.13 0.10

Arway Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.40 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.

Arway  (XCNQ:ARWY) 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.

Arway Research & Development Related Terms

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Arway (XCNQ:ARWY) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Arway Corp (XCNQ:ARWY) » Definitions » Research & Development
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Address
Toronto Rpo Royal Bank Plaza, PO Box 64039, Toronto, ON, CAN, M5J 2T6
Website
https://www.arway.ai
Arway Corp is s an AI-powered augmented reality experience platform for indoor spaces. The platform allows users to easily create experiences for navigation, tours, information sharing, notifications, advertising, and gamification. It creates immersive AR experiences using its web-based studio and brings them to life through smartphones.
Executives
Evan Gappelberg Director

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