BI Matrix Co (XKRX:413640) Research & Development : ₩2,823 Mil (TTM As of Jun. 2024)

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What is BI Matrix Co Research & Development?

Research & Development is the aggregate amount of research and development expenses during the year. BI Matrix Co's Research & Development for the three months ended in Jun. 2024 was ₩1,464 Mil. Its Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 was ₩2,823 Mil.

BI Matrix Co Research & Development Historical Data

The historical data trend for BI Matrix Co'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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BI Matrix Co Research & Development Chart

BI Matrix Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Research & Development

1,409.68

1,639.44

1,617.76

2,254.92

BI Matrix Co Quarterly Data
	Jun22	Dec22	Jun23	Dec23	Jun24
Research & Development	925.38	692.39	895.79	1,359.13	1,463.55

BI Matrix Co Research & Development Calculation

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

Research & Development for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was ₩2,823 Mil.

BI Matrix Co (XKRX:413640) 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.

BI Matrix Co Research & Development Related Terms

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BI Matrix Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » BI Matrix Co Ltd (XKRX:413640) » Definitions » Research & Development

Comparable Companies

Traded in Other Exchanges

N/A

Address

433 Seolleung-ro, 17th floor, Sebang New Building, Gangnam-gu, Seoul, KOR, 06212

Website

https://www.bimatrix.co.kr

BI Matrix Co Ltd is ??an intelligence solution specialist with core technologies in the areas of Artificial Intelligence, Business Intelligence and Collaboration Intelligence, Big Data, Data Mining, and SW Robotics.

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