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Hybrid Power Solutions (XCNQ:HPSS) Research & Development : C$0.10 Mil (TTM As of Feb. 2024)


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What is Hybrid Power Solutions Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Hybrid Power Solutions's Research & Development for the three months ended in Feb. 2024 was C$0.01 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Feb. 2024 was C$0.10 Mil.

Hybrid Power Solutions Research & Development Historical Data

The historical data trend for Hybrid Power 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.

* Premium members only.

Hybrid Power Solutions Research & Development Chart

Hybrid Power Solutions Annual Data
Trend May21 May22 May23
Research & Development
0.01 0.08 0.13

Hybrid Power Solutions Quarterly Data
May21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Research & Development Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.09 - - 0.01

Hybrid Power 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 Feb. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.10 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.

Hybrid Power Solutions  (XCNQ:HPSS) 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.

Hybrid Power Solutions Research & Development Related Terms

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Hybrid Power Solutions (XCNQ:HPSS) Business Description

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Traded in Other Exchanges
E092:Germany
Address
333 Terminal Avenue, Suite 208, Vancouver, BC, CAN, V6A 4C1
Website
https://www.hybridps.ca
Hybrid Power Solutions Inc is a Canadian clean energy company specializing in producing, developing, and installing direct-to-consumer clean technology products such as portable power packs and stationary energy storage. It mainly designs and manufactures patent-pending portable battery systems and customized energy solutions for a variety of industrial markets, including the mining, railway, public transit, and construction sectors. It also has a franchise network of solar power installers that operate under the Company's trademark and offer the sale and installation of the Company's products. Geographically, the company operates in Canada which is the key revenue generating market, and the United States.

Hybrid Power Solutions (XCNQ:HPSS) Headlines

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