Luxxfolio Holdings (XCNQ:LUXX) Research & Development : C$0.00 Mil (TTM As of Nov. 2024)

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What is Luxxfolio Holdings Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. Luxxfolio Holdings's Research & Development for the three months ended in Nov. 2024 was C$0.00 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Nov. 2024 was C$0.00 Mil.

Luxxfolio Holdings Research & Development Historical Data

The historical data trend for Luxxfolio Holdings'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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Luxxfolio Holdings Research & Development Chart

Luxxfolio Holdings Annual Data

Trend

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Aug24

Research & Development

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0.01

-0.04

Luxxfolio Holdings Quarterly Data
	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24
Research & Development	Get a 7-Day Free Trial															-	-	-	-	-

Luxxfolio Holdings Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Nov. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was C$0.00 Mil.

Luxxfolio Holdings (XCNQ:LUXX) 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.

Luxxfolio Holdings Research & Development Related Terms

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Luxxfolio Holdings Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Luxxfolio Holdings Inc (XCNQ:LUXX) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

LUXFF:USA

Address

417 - 1080 Mainland Street, Vancouver, BC, CAN, V6B 2T4

Website

https://www.luxxfolio.com

Luxxfolio Holdings Inc is a Canada-based financial technology company that is developing a cloud-based blockchain platform to enable users to record and authenticate luxury assets and use them to qualify for personal financial products. These may include digital assets such as contract obligations, loan contracts, cryptocurrency; and physical assets such as commercial equipment and consumer-based assets.

Executives

Bigg Digital Assets Inc	10% Security Holder
Mark Binns	Director or Senior Officer of 10% Security Holder
David Anthony Wong	Senior Officer
Robert Sim	10% Security Holder
Geoffrey Keith Mccord	Senior Officer
Kelly Klatik	Director